PARIS: Automaker Stellantis and Uber have announced a partnership with Free2Move to focus on the French electric vehicle market.
The companies said in a joint presentation on Tuesday that Free2Move would help Uber in Uber’s plans to convert 50% of its vehicle fleet in France to electric models.
Producing and selling more electric and hybrid vehicles is also a key part of plans outlined in March by Stellantis Chief Executive Carlos Tavares to double Stellantis’ overall revenue to 300 billion euros ($288.8 billion). dollars) per year by 2030.
In August, Uber reported positive quarterly cash flow for the first time and forecast third-quarter operating profit to beat estimates as more people rely on its services for transportation and ordering food. . ($1 = 1.0390 euros)