AGL 38.00 Decreased By ▼ -0.31 (-0.81%)
AIRLINK 136.69 Decreased By ▼ -4.71 (-3.33%)
BOP 5.42 Decreased By ▼ -0.22 (-3.9%)
CNERGY 3.83 Decreased By ▼ -0.04 (-1.03%)
DCL 7.59 Increased By ▲ 0.03 (0.4%)
DFML 46.05 Decreased By ▼ -1.35 (-2.85%)
DGKC 80.35 Increased By ▲ 0.60 (0.75%)
FCCL 28.03 Increased By ▲ 0.59 (2.15%)
FFBL 55.21 Increased By ▲ 0.36 (0.66%)
FFL 8.58 Decreased By ▼ -0.02 (-0.23%)
HUBC 112.65 Decreased By ▼ -0.86 (-0.76%)
HUMNL 12.33 Increased By ▲ 1.13 (10.09%)
KEL 3.85 Decreased By ▼ -0.14 (-3.51%)
KOSM 8.07 Decreased By ▼ -0.47 (-5.5%)
MLCF 35.11 Increased By ▲ 0.11 (0.31%)
NBP 66.00 Increased By ▲ 2.20 (3.45%)
OGDC 171.16 Increased By ▲ 1.76 (1.04%)
PAEL 25.18 No Change ▼ 0.00 (0%)
PIBTL 6.20 Increased By ▲ 0.31 (5.26%)
PPL 132.85 Increased By ▲ 7.10 (5.65%)
PRL 24.40 Decreased By ▼ -0.39 (-1.57%)
PTC 14.52 Increased By ▲ 1.26 (9.5%)
SEARL 58.95 Increased By ▲ 1.50 (2.61%)
TELE 7.09 Decreased By ▼ -0.03 (-0.42%)
TOMCL 35.00 No Change ▼ 0.00 (0%)
TPLP 8.09 Increased By ▲ 0.64 (8.59%)
TREET 14.30 Decreased By ▼ -0.02 (-0.14%)
TRG 45.59 Decreased By ▼ -0.95 (-2.04%)
UNITY 25.99 Decreased By ▼ -0.19 (-0.73%)
WTL 1.20 No Change ▼ 0.00 (0%)
BR100 9,084 Decreased By -6.9 (-0.08%)
BR30 27,631 Increased By 252.1 (0.92%)
KSE100 85,453 Decreased By -216.1 (-0.25%)
KSE30 27,149 Decreased By -67.3 (-0.25%)

German auto giant Daimler on Tuesday said it had struck a partnership with Uber to supply self-driving cars for the US ride-hailing company.
The tie-up comes as both carmakers and ridesharing firms are jockeying to establish themselves as leading players in the burgeoning world of autonomous driving, seen as the future of the auto industry.
"Under the terms of the co-operation, Daimler plans to introduce self-driving vehicles... on Uber's global ridesharing network in the coming years," the companies said in a joint statement. The agreement will see Daimler build and operate self-driving Mercedes-Benz cars for use by Uber, but the statement revealed no financial details.
"As the inventor of the automobile, Daimler aims to be a leader in autonomous driving - one of the most fascinating aspects of reinventing mobility," Daimler CEO Dieter Zetsche said in the statement.
San Francisco-based Uber has invested heavily in self-driving car technology in recent years and is currently piloting the use of autonomous vehicles in the US city of Pittsburgh.
But it has no car-building experience, prompting it to seek partnerships.
"Self-driving technology holds the promise of creating cities that are safer, cleaner and more accessible," Uber CEO and co-founder Travis Kalanick said. "But we can't get to that future alone. That's why we're opening up the Uber platform to auto manufacturers like Daimler."
Uber is already working with Sweden-based Volvo Cars to develop self-driving cars for sale by 2021.
And in a world first, a self-driving truck built by Uber's Otto unit successfully delivered a beer shipment in October.
Cars with some autonomous functions, such as the ability to adjust the speed, are already on our roads. But nearly all the major global automakers - including BMW, Volkswagen and Ford - are racing to get fully self-driving cars on the market in the next few years, often in co-operation with tech firms.
US automaker General Motors last year announced a $500-million (460-million-euro) investment in Uber's rival Lyft, while Google parent company Alphabet has partnered with Fiat Chrysler to develop self-driving cars. The BMW group, which has partnered with US computer chip giant Intel, said earlier this month it plans to start testing self-driving vehicles on roads in the US and Europe by the end of the year.

Comments

Comments are closed.