Uber has no Plans to sell Self Driving Car Research Unit

Uber Technologies Inc. is on its way to bring IPOs next year. The company’s Chief Executive Officer Dara Khushrashahi said that there is no plan to sell the Self-Driving Car Research Unit.

On the basis of a ride, the company providing Cab services will not be able to sell their advanced technology group at this time. He said this to journalists while unveiling the changes made to improve the safety of drivers and riders. He further said, “After all, this is a great asset that we are making and we can monetize it the way we want it. At this point we are not exactly like at this point of time.”

Uber is ‘quite optimistic’ and he can resume testing of his self-driving cars. Let us tell you that the taxi driver of the company, Uber’s driverless car i.e., was an accident in March 2018 by a fully automatic automobile train, in which one woman died. This incident was from Arizona of America.

It is worth mentioning that Toyota Motor Corp had said last month that it will invest 500 million dollars in Uber so that jointly self-driving cars can be prepared.

Rick Jackson

After graduating from the University of Alaska Fairbanks, Rick got an internship at KYR and worked as a reporter, Rick is our community reporter & chief editor.

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Rick Jackson

About the Author: Rick Jackson

After graduating from the University of Alaska Fairbanks, Rick got an internship at KYR and worked as a reporter, Rick is our community reporter & chief editor.

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