Uber Signs Deal With German Automaker Daimler AG

Uber Technologies Inc. has partnered with Germany’s Daimler AG, the maker of Mercedes-Benz vehicles and the first automaker to sign a deal with Uber, in its attempt to build a fleet of autonomous vehicles. Although Uber has devoted many resources to developing autonomous vehicles, deals with auto makers are “crucial” to the company because it has no experience in manufacturing. This deal, in which Daimler will incorporate its autonomous vehicles into Uber’s fleet, comes nearly a year after reports that Uber had placed a long-term order with Daimler for approximately 100,000 S-Class sedans. Through the current partnership, Uber will not own or manage the Daimler vehicles.

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