{"id":107113,"date":"2018-08-24T21:04:45","date_gmt":"2018-08-24T21:04:45","guid":{"rendered":"http:\/\/sftarticles.wpenginepowered.com\/en\/?p=107113"},"modified":"2025-07-01T23:07:50","modified_gmt":"2025-07-02T06:07:50","slug":"uber-pushes-for-self-driving-cars-after-losing-900-million","status":"publish","type":"post","link":"https:\/\/cms-articles.softonic.io\/en\/uber-pushes-for-self-driving-cars-after-losing-900-million\/","title":{"rendered":"Uber pushes for self-driving cars after losing $900 million"},"content":{"rendered":"

Uber is facing some inner turmoil and restructuration after facing massive losses. The company’s Advanced Technologies Group division focuses on autonomous vehicles and self-driving technology. CEO\u00a0Dara Khosrowshahi remains undecided on whether or not to shut down the ATG division, which reportedly burns through $100-$200 million per year.<\/p>\n

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Uber’s ATG division remains the centerpiece of constant argument within the company. Because Uber takes a loss with every ride due to driver payout,<\/strong> many argue that automated driving technologies are the key to the company’s future, especially as rival ride-sharing services and auto manufacturers race to create the world’s first viable driverless cars. Supporters argue that by moving away from a driver-based model, Uber can curb losses and create a much higher profit margin, which is especially important now as the company plans to go public in 2019.<\/p>\n

Uber’s plans to reassure worried investors haven’t gone swimmingly, however. In March of this year, a self-driving Uber test car struck and killed 49-year-old Elaine Herzberg<\/a> in Tempe, Arizona. Though there was an Uber safety driver present, they failed to prevent the crash in time. This came mere days after an Uber leadership summit that left the higher-ups assured that self-driving technologies were the future of the company. Bad press and corporate indecision caused many of Uber’s top engineers to flee to other companies.<\/p>\n

Still, Uber is confident in their ability to keep up with the competition. In a statement, the company said:<\/p>\n

\u201cRight now the entire team is focused on safely and responsibly returning to the road in autonomous mode. That\u2019s our No. 1 objective, and we have every confidence in the work they are doing to get us there.\u201d<\/em><\/p>\n

Autonomous driving tests have begun again in select U.S. cities. Additionally, Uber has teamed up with auto-manufacturers to license out their self-driving technologies for use in their vehicles. Uber’s role in the inevitable transition to driverless vehicles remains to be seen, but their part has been rocky thus far.<\/p>\n\n

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How to Order an Uber from your PC \u25ba<\/p>\r\n <\/div>\r\n <\/div>\r\n <\/a>\r\n <\/div>\r\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Uber is facing some inner turmoil and restructuration after facing massive losses. The company’s Advanced Technologies Group division focuses on autonomous vehicles and self-driving technology. CEO\u00a0Dara Khosrowshahi remains undecided on whether or not to shut down the ATG division, which reportedly burns through $100-$200 million per year. Uber’s ATG division remains the centerpiece of constant … Continue reading “Uber pushes for self-driving cars after losing $900 million”<\/span><\/a><\/p>\n","protected":false},"author":9153,"featured_media":107117,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","wpcf-pageviews":1},"categories":[1015],"tags":[2542],"usertag":[],"vertical":[],"content-category":[],"class_list":["post-107113","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-app-subdomain-redirectionuber"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/cms-articles.softonic.io\/en\/wp-json\/wp\/v2\/posts\/107113","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cms-articles.softonic.io\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cms-articles.softonic.io\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cms-articles.softonic.io\/en\/wp-json\/wp\/v2\/users\/9153"}],"replies":[{"embeddable":true,"href":"https:\/\/cms-articles.softonic.io\/en\/wp-json\/wp\/v2\/comments?post=107113"}],"version-history":[{"count":1,"href":"https:\/\/cms-articles.softonic.io\/en\/wp-json\/wp\/v2\/posts\/107113\/revisions"}],"predecessor-version":[{"id":327480,"href":"https:\/\/cms-articles.softonic.io\/en\/wp-json\/wp\/v2\/posts\/107113\/revisions\/327480"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cms-articles.softonic.io\/en\/wp-json\/wp\/v2\/media\/107117"}],"wp:attachment":[{"href":"https:\/\/cms-articles.softonic.io\/en\/wp-json\/wp\/v2\/media?parent=107113"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cms-articles.softonic.io\/en\/wp-json\/wp\/v2\/categories?post=107113"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cms-articles.softonic.io\/en\/wp-json\/wp\/v2\/tags?post=107113"},{"taxonomy":"usertag","embeddable":true,"href":"https:\/\/cms-articles.softonic.io\/en\/wp-json\/wp\/v2\/usertag?post=107113"},{"taxonomy":"vertical","embeddable":true,"href":"https:\/\/cms-articles.softonic.io\/en\/wp-json\/wp\/v2\/vertical?post=107113"},{"taxonomy":"content-category","embeddable":true,"href":"https:\/\/cms-articles.softonic.io\/en\/wp-json\/wp\/v2\/content-category?post=107113"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}