Uber partners with Oro Mobility on robo-taxi and ride-hailing fleet support

11 articles · Updated · Barron's · Apr 30

Hertz shares jumped 16% to $6.47 after the deal, while Uber said Lucid autonomous services will launch in the San Francisco Bay Area later this year.
Oro, a Hertz affiliate, will provide charging, maintenance, repairs, cleaning and depot staffing for Uber's autonomous fleet, with the companies also exploring expansion opportunities in 2027.
The agreement extends Hertz and Uber's existing ride-share rental partnership and reflects Uber's push toward a hybrid network combining driver-led services with self-driving vehicles.

With AVs costing over $100,000 each, can Uber's robotaxi fleet truly deliver cheaper rides and achieve profitability soon?

As robotaxis are projected to handle 50% of rides by 2030, what is the economic future for millions of human drivers?

Robotaxis require a 5x increase in EV charging by 2030; are our cities prepared for this massive energy demand?