financetom
Business
financetom
/
Business
/
Uber Forms Partnership With BYD to Bring 100,000 BYD Electric Vehicles Onto Global Platform
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Uber Forms Partnership With BYD to Bring 100,000 BYD Electric Vehicles Onto Global Platform
Jul 31, 2024 5:07 AM

07:41 AM EDT, 07/31/2024 (MT Newswires) -- Uber Technologies ( UBER ) and Chinese automaker BYD said Wednesday they have formed a strategic partnership to bring 100,000 BYD electric vehicles onto the Uber ( UBER ) platform in key global markets.

The multi-year partnership will begin in Europe and Latin America and will then expand to include markets in the Middle East, Canada, Australia and New Zealand, the companies said.

The collaboration is expected to offer drivers access to favorable pricing and financing, as well as discounts on charging, vehicle maintenance, insurance and lease offers, the companies said.

Uber ( UBER ) and BYD said they will also collaborate on future BYD autonomous-capable vehicles to be deployed on the Uber ( UBER ) platform.

Price: 64.64, Change: +1.55, Percent Change: +2.46

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Chevron shareholders re-elect all directors to board
Chevron shareholders re-elect all directors to board
May 29, 2024
May 29 (Reuters) - Chevron ( CVX ) shareholders on Wednesday voted to re-elect all 12 sitting directors to its board, in a sign of support for the oil major. CEO Michael Wirth said the company is moving ahead on the U.S. Federal Trade Commission's review of its proposed buyout of oil producer Hess Corp ( HES ) in the...
Looking At ARM Holdings's Recent Unusual Options Activity
Looking At ARM Holdings's Recent Unusual Options Activity
May 29, 2024
Investors with a lot of money to spend have taken a bullish stance on ARM Holdings ( ARM ) . And retail traders should know. We noticed this today when the trades showed up on publicly available options history that we track here at Benzinga. Whether these are institutions or just wealthy individuals, we don't know. But when something this...
WideOpenWest Gets $2.4 Million Grant to Expand Fiber Network in Alabama
WideOpenWest Gets $2.4 Million Grant to Expand Fiber Network in Alabama
May 29, 2024
11:46 AM EDT, 05/29/2024 (MT Newswires) -- WideOpenWest ( WOW ) said Wednesday it has obtained a $2.4 million grant from the Alabama Department of Economic and Community Affairs to expand its fiber network in the southeastern part of the state. The grant, which will be used to target underserved areas, is in addition to the company's contribution of $1...
Arm offers new designs, software for AI on smartphones
Arm offers new designs, software for AI on smartphones
May 29, 2024
May 29 (Reuters) - Arm Holdings on Wednesday unveiled new chip blueprints and software tools to help smartphones handle artificial intelligence tasks, along with changes to how it delivers those blueprints that could help speed their adoption. Arm's technology powered the rise of smartphones and is increasingly found in PCs and in data centers, where chip designers have gravitated toward...
Copyright 2023-2026 - www.financetom.com All Rights Reserved