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Uber is refocusing on its core businesses, including
ride-hailing and food delivery, since the COVID-19 virus pandemic,
and scaling back some future technology projects. The sale of ATG
will support Uber's aim to achieve profitability on an adjusted
basis by the end of 2021. Although autonomous vehicles continue to
show promise, with investment and development not letting up, their
deployment commercially and at scale remains several years
away.
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The above article is from AutoIntelligence Daily by IHS Markit. Every working day, AutoIntelligence Daily provides about 30 articles focused on automotive news, events and trends. Get a free trial.
