May 14 (Reuters) -
Uber Technologies ( UBER ) on Wednesday unveiled a range of
new offerings such as shared fixed-route rides and expanded
membership passes, targeting consumers seeking cost-effective
ways to travel.
The ride-sharing app has been looking to invest in more
affordable transport and delivery offerings to widen its user
base and combat slowing revenue growth in an uncertain economic
environment.
Uber's ( UBER ) new "Route Share" ride option will cost half as much
as the company's UberX ride-hail service, by providing pickups
every 20 minutes along busy commute corridors.
Initially available in cities such as New York, San
Francisco and Chicago, Route Share will operate during weekday
rush hours and Uber ( UBER ) is considering partnering with employers to
integrate pre-tax commuter benefits.
The company is also expanding ride passes that help users
lock-in lower fares and keep costs predictable.
These ride passes will be available in major U.S. cities
such as Chicago, Dallas, and San Francisco, and will be expanded
to teen accounts later this year.
Uber ( UBER ) unveiled Price Lock Pass for $2.99 in February and it
was initially available in a few U.S. markets. The feature will
now be available across several cities in the United States and
expand throughout the country and Brazil this year, the company
said.
The company had announced a partnership with Volkswagen
to deploy a fleet of thousands of the German
automaker's fully electric ID. Buzz AD vehicles as robotaxis
next year. The vehicles will also be used for shared
self-driving taxi rides.
Uber ( UBER ) is also scaling its tie-up with Waymo in Austin, aiming
to increase the number of robotaxis to hundreds of vehicles in
the coming months.
(Reporting by Akash Sriram in Bengaluru; Editing by Devika
Syamnath)