Brazil's Embraer to partner with Uber to develop electric vehicles

Reuters News
Posted: Apr 25, 2017 2:10 PM

SAO PAULO (Reuters) - Embraer SA <EMBR3.SA> has signed a partnership with Uber Technologies Inc <UBER.UL> to develop and implement small electric vehicles with vertical takeoff and landing capabilities, the Brazilian planemaker said on Tuesday.

The partnership stems from Embraer's newly-established innovation center based in Melbourne, Florida, according to a securities filing. Embraer announced last month it would establish research teams in Silicon Valley and Boston to collaborate on research with startup companies, academics and others.

(Reporting by Brad Haynes; Writing by Bruno Federowski; Editing by Tom Brown)