Skip to main content
  1. Home
  2. Cars
  3. Mobile
  4. News

Uber reportedly just spent $10 billion on 100,000 Mercedes

Add as a preferred source on Google

Your Uber just got a whole lot fancier. According to recent reports, the transportation giant just dropped $10 billion on a fleet of at least 100,000 Mercedes S-Class sedans, because not only does Uber strive to be the cheaper, more convenient alternative to taxis, but it must also be classier as well.

The alleged move comes as both Uber and the German luxury auto brand make moves to advance autonomous car technology, and experts suggest that the San Francisco firm’s decision may have something to do with the car company’s self-driving capabilities. That said, Mercedes’ autonomous functionality is far from perfect — its E-Class cars are only able to maneuver themselves for short periods of time, and it’s not a standard feature.

Recommended Videos

Self-driving cars would obviously be a huge boon to Uber’s business model, as it would remove the middle man driver from the equation. And paying drivers appears to be eating into Uber’s revenue, as despite its monstrous valuation, the company has actually never turned a profit. Thus far, however, getting rid of drivers remains something of a pipe dream. That apparently hasn’t stopped Uber from dreaming, as an auto industry source told Reuters, “[Uber] wanted autonomous cars. It seemed like they were shopping around.”

But motivations aside, if the news is true, Uber has certainly made Mercedes a very happy customer, especially considering that the German company normally only sells about 100,000 S-Class cars every year. With this report, their annual quota already appears to have been met.

But just because these S-Class sedans aren’t fully autonomous yet doesn’t mean that they won’t serve a valuable purpose in Uber’s ever-growing fleet. While Mercedes has suggested that they’ll have driverless vehicles out by 2020, Uber is moving at what could be an accelerated rate. Members of their payroll include some of the best and brightest minds in the auto industry, and they may just take to the new S-Class cars and see what they can do for themselves.

Lulu Chang
Fascinated by the effects of technology on human interaction, Lulu believes that if her parents can use your new app…
China’s latest tiny EV costs just $6,735 and somehow squeezes in five doors
The four-seat Bestune Pony joins the cute-car crowd with rear doors and a price that puts its Wuling rival squarely in view
Orange car, front three-quarter

FAW's five-door Bestune Pony has launched in China from 44,900 yuan, roughly $6,735. The tiny EV packs four seats into a cheerful little box just 3.35 meters long.

It looks like something you'd buy in a gift shop, but the layout makes room for everyday chores. There are four passenger doors and a rear hatch, so getting into the back doesn't require folding a front seat out of the way.

Read more
Volkswagen’s smartest EVs are launching in China while the US and Europe wait
China-only models already have the software, charging, and driving technology VW’s Western cars are still waiting to receive
Volkswagen ID UNYX 08

Volkswagen’s newest EVs in China are making its American and European models look unusually conservative.

With Xpeng’s help, VW has introduced 800-volt charging and advanced urban driving assistance. The new VEGA technology package brings its locally developed vehicle platforms and CEA electronic architecture under one umbrella. Bloomberg reports that Volkswagen intends to update VEGA every three months. Western buyers can find pieces of that package, but not the whole thing in a Volkswagen.

Read more
BYD’s $12,000 Qin Plus DM-i shows how much US buyers are overpaying for their cars
A cheap commuter car that could take you from New York to Miami without refueling? Yes, please.
BYD Qin Plus DM-i feature

BYD has launched the third-generation Qin Plus DM-i in China, and the first thing that caught my eye is its price. According to CarNewsChina, the plug-in hybrid sedan starts at 79,900 yuan, which is about $11,980. That’s an incredibly low price for a brand-new car, especially by US standards.

What’s even more impressive is the range. The Qin Plus DM-i can drive up to 137 miles on electricity alone, which should cover most people’s daily commutes without using a drop of gas. Once the battery runs out, the 1.5-liter engine takes over. Thanks to its 17-gallon tank and roughly 91 mpg with a drained battery, the combined range reaches up to 1,423 miles. 

Read more