Uber has committed more than $10 billion to purchasing autonomous vehicles and taking stakes in robotaxi developers, signaling a shift toward owning fleets to scale robotaxi services.
The Financial Times reported the plans and estimated Uber will invest about $2.5 billion in equity and more than $7.5 billion in fleets, with deals contingent on partners meeting deployment milestones; Reuters said it could not immediately verify the report and Uber did not respond to requests for comment.
Nissan Motor Co. said it studied moving Sentra and Kicks production from Mexico to the United States to avoid a 25 percent tariff, but CEO Ivan Espinosa told Automotive News the economics make a move infeasible and Nissan is cutting costs and increasing U.S. content instead.
Separately, Lucid received additional funding and Honda issued a recall for certain minivan models, as automakers adjust to tariff pressures and large autonomous-vehicle investments.
This summary is based on coverage by Jalopnik.
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