Brief
Uber and Pony.ai Plan More Than 2,000 Robotaxis Across Europe
Uber and Pony.ai plan to deploy more than 2,000 robotaxis across Europe, expanding from Zagreb to four additional cities as part of a broader partnership.
Uber
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TransportationUber Sells Entire Stake in Autonomous Delivery Company Serve Robotics
Uber has sold its entire stake in Serve Robotics as the companies diverge over how to scale their autonomous delivery robot partnership.
TransportationAtoms Hires Former Uber CFO Gautam Gupta After $1.7 Billion Funding Round
Travis Kalanick’s robotics startup Atoms has appointed former Uber CFO Gautam Gupta following its recent $1.7 billion funding round.
TransportationLucid Delays Affordable Cosmos EV as Turnaround Plan Intensifies
Lucid Motors has delayed its affordable Cosmos EV until 2027 as the company prioritises quality, cuts costs and advances its turnaround strategy.
TransportationLucid Unveils Turnaround Plan Built on $1.4 Billion Savings and Robotaxis
Lucid Motors has outlined a turnaround strategy centred on $1.4 billion in cash savings, robotaxis, its Saudi factory and a delayed mid-size EV.
BriefWaymo Reportedly Plans to End Uber Robotaxi Partnership
Waymo reportedly plans to offer its robotaxi service independently in Austin and Atlanta from 2028, signalling a potential end to its partnership with Uber.
AITravis Kalanick’s Atoms Raises $1.7 Billion to Accelerate AI Robotics Expansion
Travis Kalanick’s robotics company, Atoms, has raised $1.7 billion in funding led by Andreessen Horowitz, with Uber joining the investment as the startup expands its AI-powered robotics…
BriefUber Agrees to $14.8 Billion Delivery Hero Deal to Expand Global Reach
Uber has agreed to acquire Delivery Hero in a $14.8 billion all-stock deal, a move that could nearly double its delivery footprint across Europe, the Middle East, Latin America and Asia.
TransportationLucid Motors Rejects Bankruptcy Rumours, Says Operations Are Fully Funded
Lucid Motors has denied reports that it is considering Chapter 11 bankruptcy, saying it has sufficient liquidity to support operations well into next year.
BriefUber Puts Parts of Its European Expansion Strategy on Hold
Uber has reportedly paused most of its planned European food-delivery expansion, delaying launches in several countries while focusing on existing markets and its acquisition of Delivery…
TransportationLime Debuts on Nasdaq, Marking a New Chapter as a Public Company
Lime has officially gone public on the Nasdaq after years of uncertainty. Learn about the Lime IPO, company valuation, stock debut, business growth, and what the public listing means for…
TransportationWayve Opens $85M Employee Share Sale at $8.5 Billion Valuation
Wayve has launched an $85 million employee tender offer at an $8.5 billion valuation, allowing staff to sell vested shares while strengthening talent retention and investor confidence.