Uber includes a agreement with Volvo. Under the agreement declared at August 2016, Uber possesses Volvo vehicles, has added its AV tech and intends to deploy those automobiles on its own network.
Even with Uber’s prediction and more tempered tone, the company is pushing forward on autonomous cars.
On the other hand, the transport company struck a more conservative tone at the prospectus on how and if autonomous vehicles will be set up, a dramatic difference from the first days of Uber ATG when former CEO Travis Kalanick called AVs an existential threat to the business.
ATG has assembled more than 250 self-driving vehicles and contains three ventures — Volvo, Toyota and Daimler — which exemplifies the company’s mult-tiered strategy to AVs.
Uber registered its S-1 on Thursday, putting the groundwork for its transportation company to go public . This includes less than 1 month after competitor Lyft’s debut on the public market. Uber is listing under the New York Stock Exchange under the symbol”UBER,” but has yet to disclose the anticipated initial public offering price.
Here’s an excerpt in the S-1:
Uber confessed that it could neglect to develop and commercialize technologies or might be undercut by competitors, which could threaten its ride-hailing and shipping companies.
Uber contends there is going to be a period of autonomy” and it’ll continue to rely on drivers because of its core business for the foreseeable future. Uber stated when taxis are deployed, it will still need human drivers which “involve complicated routes large traffic, or unusual weather conditions. ” Human drivers may be required during concerts, sporting events and other events which will exceed the capacity of a employed, entirely autonomous vehicle fleet,” the firm wrote in the S-1.
Along the way to a potential future autonomous car planet, we think that there will be a period of hybrid autonomy, in which vehicles will be deployed gradually against use cases that are certain while Drivers continue to serve most consumer need. As autonomous that is specific use instances are solved by us, we will deploy vehicles against them. Such situations may include trips along a standard path in a predictable surroundings in great weather.
Uber’s opinion of which companies pose the largest threat to the business was especially interesting. The company named almost a dozen possible opponents, a record that included some of the typical suspects like Waymo, GM Cruise and Zoox, in addition to less-known startups such as May Mobility and Anthony Levandowski’s brand new company, Prontio.ai. Other competitors listed from the S-1 comprise Tesla, Apple, Aptiv, Aurora and Nuro. The subsidiary of Ford, argo AI, wasn’t listed.
“Drivers will continue to be our partners for the long-term and are consequently a identifying and critical benefit for us,” Uber wrote.
Finally, there’s Toyota, a new partnership just announced in August 2018, that is a hybrid of all the other two. Uber says it hopes to incorporate its technologies into purpose-built Toyota vehicles to be deployed on its own network.
Uber contends it is well-suited to equilibrium that possibly awkward stage when both individual motorists and autonomous vehicles will co-exist on its own platform.
Its partnership with Daimler is on the other extreme. In that partnership, declared in January 2017, Daimler will introduce a fleet of its AVs on the Uber network. This is similar to Lyft’s partnership with Aptiv.
R&D prices at Uber ATG, the firm ’s autonomous vehicle unit, its eVTOL unit Uber Elevate along with other relevant technology represented one third of its whole R&D spend. Uber’s overall R&D costs in 2018 were more than $1.5 billion.
Uber considers that vehicles will be an significant part its offerings within the long term, notably that AVs make rides more efficient, can increase safety and lower costs for customers.
Uber ATG was set in 2015 at Pittsburgh with just 40 researchers in Carnegie Robotics and Carnegie Mellon University . Uber ATG has more than 1,000 workers spread out in offices in Pittsburgh, San Francisco and Toronto.