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News, Analysis & Perspective on Autonomous Vehicles

Uber contemplates outside investors for autonomous car unit

Uber Technologies Inc. CEO Dara Khosrowshahi said it was “possible” the ride-hailing giant would look for outside investors for its self-driving car unit, but isn’t currently searching for backers. The company is pouring large, undisclosed sums of money into its Advanced Technologies Group, which includes the company’s self-driving car research as well as plans to build VTOL (vertical takeoff and landing) vehicles at scale and speed, with a goal of them becoming a mass-market technology.

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