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Uber and Hyundai-backed Motional launch robotaxi rides in Las Vegas (UBER:NYSE)
Uber and Motional, which is backed by Hyundai, have launched an all-electric IONIQ 5 robotaxi service on the Uber platform in Las Vegas. This service offers riders the option to be matched with an autonomous vehicle, providing early access to self-driving ride-hailing in key Las Vegas locations. The partnership positions Uber and Motional to potentially gain market share before competitors like Waymo fully scale up.