Uber CEO says company still believes in future of autonomous vehicles

Uber CEO says company still believes in future of autonomous vehicles

If you had chatted up with the driver when you last took your Uber ride, you must have heard him cribbing about how Uber is not remitting their payments and generally have grievances.

"If you really want to provide something that can replace the vehicle in people's lives, you want to have more than ride-sharing", says Andrew Salzberg, Uber's transportation policy chief.

And Uber is out to rectify the situation and as an important step, the cab aggregator has developed and released an app for the drivers, which could mitigate many such complaints from the drivers.

Getaround views its auto rentals as complementing Uber and Lyft's on-demand rides and helping to move Americans away from private vehicle ownership. Uber Rent will allow users to rent nearby cars from established vehicle sharing service Getaround right from the Uber app, the companies announced today in a press release.

Uber CEO Dara Khosrowshahi said the company wouldn't resume testing its self-driving cars until the NTSB was complete. Its ride-hailing service is now in 73 countries worldwide and in 600 cities in the US.

Getaround's vehicle offerings will appear in a side menu in the Uber app. Users will be able to find and unlock an available auto from their phones using wireless technology.

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The announcement closely follows the firm's announcement on Monday that it had agreed to buy dockless bike-share startup JUMP. "If this goes on, you'll simply have gridlock". He reiterated the company's commitment to autonomous vehicles, saying he believed "very important part of the solution of getting rid of auto ownership".

Uber has signed a partnership agreement with Masabi, a transit ticketing firm that has contracts with transit agencies in NY and Boston, among others.

Uber: It's not just for cars anymore. Through the deal, Uber users will be able to pay for transit rides in its app, or scan in to rail and bus services using their smartphones. The ride-hail company spent much of its early existence fighting off any attempts made by local regulators to gain access to varying degrees of its anonymized data.

In addition to today's rental auto deal with Getaround, Uber announced a partnership with London-based Masabi, a mobile ticketing company that Uber said will help customers book and use public transit tickets directly within the Uber app.

Khosrowshahi announced three partnerships on Wednesday.

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