Anthropic Appoints Former Microsoft Executive Irina Ghose to Lead India Expansion 
California Attorney General Orders xAI to Halt Illegal Grok Deepfake Imagery 
Micron to Buy Powerchip Fab for $1.8 Billion, Shares Surge Nearly 10% 
BYD Shares Rise in Hong Kong on Reports of Battery Supply Talks With Ford 
Publishers Seek to Join Lawsuit Against Google Over Alleged AI Copyright Infringement 
U.S. Transportation Board Sends Union Pacific–Norfolk Southern Merger Back for Revision 
TSMC Shares Hit Record High as AI Chip Demand Fuels Strong Q4 Earnings 
China’s AI Models Narrow the Gap With the West, Says Google DeepMind CEO 
Brazil Supreme Court Orders Asset Freeze of Nelson Tanure Amid Banco Master Investigation 
Pop Mart Shares Surge in Hong Kong After First Buyback in Nearly Two Years 
TikTok Expands AI Age-Detection Technology Across Europe Amid Rising Regulatory Pressure 
Proposed Rio Tinto–Glencore Merger Faces China Regulatory Hurdles and Asset Sale Pressure 
Lululemon Founder Chip Wilson Escalates Proxy Fight to Remove Advent From Board 
Boeing Reaches Tentative Labor Deal With SPEEA Workers After Spirit AeroSystems Acquisition 
Jamie Dimon Signals Possible Five More Years as JPMorgan CEO Amid Ongoing Succession Speculation 
Kia Motors and Uber Technologies Inc. announced they have signed a partnership agreement where the former would supply electric vans to the ride-hailing company. Through their memorandum of understanding (MOU), Uber will offer PBVs to drivers using its platform.
First Customer to Order Electric PBVs
According to Korea Joongang Daily, Uber has become Kia Motors' first customer for its new electric vans. Uber will deliver its PV5 EV model, which was recently unveiled at the Consumer Electronics Show (CES 2024) in Las Vegas.
Kia Motors and Uber revealed their team-up on Wednesday, Jan. 10, just two days after it introduced its purpose-built vehicles. The South Korean automaker unveiled five PBV concept models at the trade fair: three Concept PV5 derivatives, Concept PV7 and Concept PV1.
In any case, for its deal with Uber, Kia will develop customized PBVs that will be ideal for Uber drivers. The carmaker will do this by analyzing the drivers' driving patterns when servicing customers.
Shared Partnership Goals
Kia Motors and Uber's goal for their collaboration is to identify the most favorable specifications for PBV models. They may team up further for the integration of technology and services that will benefit drivers and customers of the ride-hailing services. Lastly, their main aim is to extend to the production of PBVs designed according to the needs of drivers who use the Uber platform.
"PBVs will play a key role in the customization of mobility, and by partnering with Uber, Kia aims to deliver industry-leading technology with advanced software and services to enhance the ride-hailing experience," Kia America and North America's president and chief executive officer, SeungKyu (Sean) Yoon, said in a press release.
Kia's head of PBV unit, Sangdae Kim, also said, "PBVs will play a key role in the transformation of mobility. This collaboration will enhance Kia's PBV development, with optimized vehicles for drivers' and riders' needs. This will focus on advanced software and services, with the integration of interactive In-Vehicle Infotainment and advanced safety technology."
Photo by: Kia Corporation Press Release
