Industry Update: Uber Shuts Down Self-Driving Truck Program

Truckers everywhere can rejoice. Uber’s self-driving trucks have been put out of service.

According to Eric Meyhofer, Head of Uber Advanced Technologies Group, “We’ve decided to stop development on our self-driving truck program and move forward exclusively with cars. We recently took the important step of returning to public roads in Pittsburgh, and as we look to continue that momentum, we believe having our entire team’s energy and expertise focused on this effort is the best path forward.”

Uber has decided to redeploy the engineering teams involved in the self-driving truck project to work inside of Uber’s autonomous passenger car business. This shouldn’t be a shock. Uber is the dominant leader in the on-demand passenger market and not a huge player in the trucking freight market.

With Uber planning one of the largest tech IPOs since Facebook, they must have a compelling story to tell investors about how they plan to maintain their position in the passenger vehicle segment and not be lapped by other players with more compelling technology.

Read the full article here – https://www.freightwaves.com/news/uber-shuts-trucking

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