Aptiv CFO Says Motional Ramping Up Commercial Agreements With Lyft, Uber For Robotaxi, Food Delivery
Portfolio Pulse from Benzinga Newsdesk
Aptiv's CFO announced that Motional, its autonomous vehicle joint venture, is ramping up commercial agreements with Lyft and Uber for robotaxi and food delivery services.
June 14, 2023 | 4:38 pm
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POSITIVE IMPACT
Aptiv's joint venture Motional is increasing commercial agreements with Lyft and Uber for robotaxi and food delivery services.
Aptiv's joint venture Motional is directly involved in the partnerships with Lyft and Uber. As these commercial agreements ramp up, it is likely to have a positive impact on Aptiv's business and stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Lyft is entering into commercial agreements with Aptiv's Motional for robotaxi and food delivery services.
Lyft is directly mentioned as one of the companies entering into commercial agreements with Motional. This partnership could potentially expand Lyft's service offerings and improve its competitive position, leading to a positive impact on its stock price in the short term.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Uber is entering into commercial agreements with Aptiv's Motional for robotaxi and food delivery services.
Uber is directly mentioned as one of the companies entering into commercial agreements with Motional. This partnership could potentially expand Uber's service offerings and improve its competitive position, leading to a positive impact on its stock price in the short term.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80