Uber is moving in a new direction with Toyota on the car

  • Uber is moving in a new direction with Toyota on the car
    Independent.t. E.
    Uber is teaming up with Toyota to create self-driving cars on its ride-hailing service.
    https://www.independent.ie/business/technology/uber-heading-in-new-direction-with-toyota-on-selfdriving-cars-37259192.html
    https://www.independent.ie/business/technology/article37259193.ece/a1dc7/AUTOCROP/h342/2018-07-12_bus_42409273_I1.JPG

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Uber is teaming up with Toyota to create self-driving cars on its ride-hailing service.

Toyota, based in Japan, is also investing $500 million in uber in the framework of the Alliance.

The deal aims to combine the best traits from two companies on Autonomous technology in cars that will call uber customers by 2021.

When this happens, uber hopes to complete an initial public offering of shares, which will enrich the list of first investors, which now includes Toyota.

These investors are pouring billions of dollars into a revolutionary ride-hailing service uber, which still has not proven he can make money since its creation nearly ten years ago.

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Uber expects self-driving cars to help him turn a financial corner, reducing the need to pay the drivers who come to pick up passengers of private vehicles is caused by using the application in smartphone.

Due to the expansion in Autonomous vehicles, uber is also hoping to avert a looming competitive threat from another early investor, Google self-driving car spin-off Waymo, which is going to launch its own ride-hailing service in Arizona before the end of this year.

“Our goal is to deploy safe in the world of self-driving cars in the network, uber, and this agreement is another important step to that reality,” said uber chief Executive Dara Khosrowshahi.

Meanwhile, Toyota is trying to turn from a purely car manufacturer into a company of mobility, like many of his colleagues, including “General motors” and “Ford” in the United States.

That crusade drove decades automakers such as Toyota and GM to invest in technology and partner companies working on self-driving cars, as well as opening its own research centers in Silicon valley.

In addition, allowing them to rely on each other’s strengths, Toyota Internet San Francisco uber will also help the two companies to expand the value of designing and building complex systems that use computers, cameras, radars and laser sensors to guide self-driving vehicles.

Uber turns to Toyota for help in Autonomous vehicles in five months after one of its self-driving car knocked down a pedestrian crossing a dark street in Tempe, Arizona.

Accident on March 18, prompted uber to temporarily suspend its work on its self-driving car in the safety assessment.

Authorities have identified the sensors on self-driving uber car’s sensors noticed the pedestrian, 49-year-old Elaine Herzberg, and with auto-braking function of the car was disabled in favor of the driver backup person.

Tempe police said that the driver was distracted and streaming television shows before the crash.

Uber had little choice but to find self-driving cars after the collision, which killed MS Herzberg said Navigant analyst Sam Abuelsamid.

“It’s going to be hard for them to build the trust of consumers that they are developing,” he said.

“I think people will be much more confidence in Toyota to make it right to take the proper measures to make sure that everything is properly tested and evaluated”.

The expansion of uber to self-driving cars last year suffered another setback after Waymo accused him of stealing their technology in a complex scheme.

It was a week of loud judicial proceedings, uber agreed to pay Waymo $245m in stock, to settle charges, without admitting guilt.

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