Uber Applied sciences is in superior talks to promote its air taxi enterprise, “Uber Elevate”, to aerospace agency Joby Aviation, information web site Axios reported on Wednesday, citing sources.
Hyundai Motor Co, which in January introduced a partnership with Uber Elevate to develop electrical air taxis, didn’t instantly reply to a request for remark.
With Uber’s enterprise rattled by the COVID-19 pandemic, the corporate minimize 23% of its workforce in Could as a part of aggressive value cuts and vowed to concentrate on its core ride-hailing and food-delivery companies.
Uber has been engaged on varied different companies, together with the event of self-driving vehicles, the Elevate venture and a freight logistics community.
The corporate can also be in talks to promote its self-driving enterprise.