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Uber in talks with banks, PE firms to fund robotaxi expansion
Mint Kolkata
|August 08, 2025
Uber is in talks with private equity firms and banks to secure funds to build its robotaxi business, CEO Dara Khosrowshahi said, as the ride-hailing giant bets on a mass roll-out of the nascent and much-scrutinized technology.
Uber, which offers robotaxis from Alphabet-owned Waymo, has been strengthening its foothold in the self-driving taxi industry through partnerships with automakers such as Volkswagen and Lucid, just as Tesla seeks to expand its fledgling robotaxi business.
Khosrowshahi on Wednesday pitched the tie-ups as part of a larger plan that involves three robotaxi business models: paying partners that own such vehicles a fixed rate, sharing revenue with fleet operators and owning vehicles while licensing software for self-driving technology.
Dit verhaal komt uit de August 08, 2025-editie van Mint Kolkata.
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