YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
Uber reached a deal to hand its flying car project, dubbed Uber Elevate, to air taxi startup Joby Aviation.
Uber plans to invest $75 million to inject cash into Joby’s efforts to build a flying taxi. The companies are slated to become partners when the startup's flying car hits the market.
The announcement came a day after Uber entered an agreement to sell its autonomous car project to Aurora Innovation.
Read more from The New York Times.
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