Uber CEO Dara Khosrowshahi says the company plans to spend $10B+ "over the coming years" to deploy 120K driverless vehicles, aiming to hit 15+ cities in 2026 (Financial Times)

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Uber plans to spend over $10 billion deploying 120,000 driverless vehicles across more than 15 cities by 2026.

Categories: Money & Moves

Excerpt

<a href="https://www.ft.com/content/04d6fcb4-03e4-4ee5-9017-ccaa7808c934"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260805/i14.jpg" vspace="4" /></a> <p><a href="https://www.techmeme.com/260805/p14#a260805p14" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> <a href="https://www.ft.com/">Financial Times</a>:<br /> <span style="font-size: 1.3em;"><b><a href="https://www.ft.com/content/04d6fcb4-03e4-4ee5-9017-ccaa7808c934">Uber CEO Dara Khosrowshahi says the company plans to spend $10B+ &ldquo;over the coming years&rdquo; to deploy 120K driverless vehicles, aiming to hit 15+ cities in 2026</a></b></span>&nbsp; &mdash;&nbsp; Chief Dara Khosrowshahi lauds strong bookings and record cash flow as company seeks to fund costly AV push</p>