Date: a month ago   Category: Transport

Uber will receive $1 billion investments for development of UAVs — Rambler News Service


Photo: globallookpress.com the Japanese companies Toyota Motor, Denso and SoftBank Vision Fund will invest $1 billion in the division of the Uber Technologies Inc company specializing in development of self-driving cars. It is reported in the official press release of Uber. "Toyota Motor Corp. (Toyotas), DENSO Corporation (DENSO) and SoftBank Vision Fund (SVF) declared investments of $1 billion into division of Uber of ATG. Investments are aimed at the development and commercialization of technologies of self-driving cars" — it is noted in the press release. It is expected that the deal will be closed by the third quarter of this year. These are not the first investments of the Japanese companies into Uber. In August, 2018 with Uber attracted $500 million at Toyota. Then the companies announced plans for implementation of pilotless technology of Uber in the Toyota Sienna minivans, is planned to begin testing of this project on roads in 2021.

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