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Uber plans to use 100,000 electric BYD cars on its ride-hailing platform, starting in Europe and Latin America. This was announced as part of a multi-year strategic partnership between Uber and BYD. The partnership will see BYD provide pricing and financing deals for its electric vehicles to Uber drivers in Europe and Latin America. Uber and BYD will also collaborate to develop "autonomous-capable vehicles" for Uber's ride-hailing network. BYD is a major Chinese electric vehicle manufacturer that has seen significant growth in recent years.
Transcript
00:00It's Benzinga, and here's what's on the block.
00:03Uber plans to use 100 electric BYD cars on its ride-hailing platform starting in Europe
00:08and Latin America.
00:09This was announced as part of a multi-year strategic partnership between Uber and BYD.
00:14The partnership will see BYD provide pricing and financing deals for its electric vehicles
00:19to Uber drivers in Europe and Latin America.
00:22Uber and BYD will also collaborate to develop autonomous-capable vehicles for Uber's ride-hailing
00:27network.
00:28Uber and BYD is a major Chinese electric vehicle manufacturer that has seen significant growth
00:32in recent years.
00:33For all things money, visit Benzinga.com.

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