Uber, Cruise partner to bring self-driving vehicles to ride-hailing platform

Investing.comAug 22, 2024 9:10 PM

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Investing.com -- Uber Technologies and Cruise, a subsidiary of General Motor, announced Thursday a multiyear partnership under which the latter's self-driving vehicles will be launched on Uber's ride-hailing platform.

The companies plan to launch the service next year, starting with a select number of Chevrolet Bolt-based self-driving cars. Uber riders requesting eligible trips may be offered the option to ride in a Cruise driverless vehicle.

Uber Technologies Inc (NYSE:UBER) was down 3%, while General Motors Company (NYSE:GM) was up more than 1% in afterhours trading following the news.

Uber Chief Cxecutive Dara Khosrowshahi said the company aims to "play an important role in helping to safely and reliably introduce autonomous technology to consumers and cities around the world."

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