Uber in talks to sell ATG self-driving unit to Aurora

Filed under: Technology,Autonomous

Eighteen months ago, Uber’s self-driving car unit, Uber Advanced Technologies Group, was valued at $7.25 billion following a $1 billion investment from Toyota, DENSO and SoftBank’s Vision Fund. Now, it’s up for sale and a competing autonomous vehicle technology startup is in talks with Uber to buy it, according to three sources familiar with the deal. Aurora Innovation, the startup founded by three veterans of the autonomous vehicle industry who led programs at Google, Tesla and Uber, is in

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Uber in talks to sell ATG self-driving unit to Aurora originally appeared on Autoblog on Sat, 14 Nov 2020 15:30:00 EST. Please see our terms for use of feeds.

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