UBER - Uber-Backed Serve Robotics Expands Production Partnership With Automotive Supplier Magna | Benzinga
Serve Robotics Inc (NASDAQ:SERV) said it is expanding its existing agreement with Magna International Inc (NYSE:MGA) to boost the adoption of robotics in logistics.
Under the new agreement, Magna will become the exclusive contract manufacturer of Serve’s delivery robots, effective April 24, aiding Serve’s aim to deploy up to 2,000 robots on the Uber Eats platform across multiple U.S. markets.
The previous partnership ...