AVs on Uber's platform see 30% higher utilization...

In 2020, Uber sold its self-driving unit.

Since then, they've become the biggest aggregator of AV supply, partnering with nearly every AV provider (eg Waymo).

Dara explains their strategy:

"We're allowing these companies to really focus on building the driver. We are building services around them.

We're securing depots, charging, and working with fleet partners.

We're securing financing. We just announced a billion-dollar financing line with Santander for EV fleets and AV fleets.

We're working on autonomous insurance as well.

We're building the entire ecosystem so someone who builds a driver can get those cars in the road, and then, we have all the supporting infrastructure.

When they hit market, we've got instant demand for them.

AVs that are on our network are 30% or more busy than 1P AVs who aren't using our network.

A Waymo, of course they want to build their own brand and their own channel, but at the same time we are able to drive more utilization for them when their cars are on our network.

We think there's going to be an amalgamation of business models.

There already is in travel, there already is in food — same thing will happen in transportation."