Uber and General Motors-backed Cruise said on Thursday Cruise will deploy its autonomous vehicles on the ride-hailing company’s platform as part of a multi-year deal.
The partnership, which will be launched next year, will allow Uber riders to choose a trip using a Cruise autonomous vehicle.
Shares of GM rose more than 1% in extended trading, while Uber fell 3%.
Uber has been offering driverless cars in Phoenix on its platform since October last year through an agreement with Alphabet’s Waymo. The latest partnership with Cruise comes as Tesla CEO Elon Musk is set to unveil its delayed plans for a robotaxi product in October amid slowing demand for electric vehicles. Cruise is looking to find its way back to U.S. roads after a major accident last year forced the company to halt operations.
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