Arrival, the U.K.-based electric bus and van manufacturer, has announced a deal with global ridesharing giant Uber to develop an electric car for ride hailing in the U.K. and Europe.
Uber has a similar deal with General Motors (NYSE: GM) in the U.S., first announced in September 2020. The new deal with Arrival for a purpose-built electric vehicle for ride-hailing calls for the car to enter production Q3 2023.
Uber (NYSE: UBER) also announced an agreement with Gopuff in the U.S. to provide...
Uber Eats (NYSE: UBER) will enter the German market in the next few weeks, going head-to-head with Just Eat Takeway.com in that country for the first time. The CEOs of both firms are now trading barbs on Twitter.
The news was first reported by the Financial Times.
“Europe in particular has been a bright spot for [Eats], both in terms of some of the growth we’ve seen, but also, frankly, in terms of the strengthening of our market position,” Pierre-Dimitri Gore-Coty, Uber’s senior vice president of...