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


Star Entertainment Shares Fall After A$307 Million FY2026 Loss
Honda, Nissan Eye Shared Vehicle Software Platform by 2029
Nvidia Pauses AI Cloud Financing Deals Amid Antitrust Concerns
Jefferies Names AMEC Top China Semiconductor Equipment Pick
Faraday Future Delivers First Robots in Middle East, Plans September Launches
MediaTek Shares Jump 10% on Nvidia’s $3.5 Billion Investment
France Targets Shein, Temu With Fast-Fashion Fees
Trump Says ExxonMobil Among Oil Majors Planning Venezuela Return
Street Poller Media and The Boom of the Street Interview Ad Industry
Shein Hong Kong IPO to Raise $1.7 Billion at $26.5 Billion Valuation
Itochu Offers $1.56 Billion to Privatize Dentsu Soken
CIA-Linked Investor Helped Quantum Systems Expand in US
Trump Secures Drug Pricing Deals With Nine Pharma Companies
Aon Nears $17 Billion Deal to Buy USI Insurance From KKR
Google Changes EU Spam Policy Amid Antitrust Scrutiny
The Realist’s Case: Lukas Kerrebijn of RD Dubai on the Narrative Dubai’s Agents Won’t Question
Pinterest Stock Falls as CFO Julia Brau Donnelly Resigns 



