The Deliver 2025 summit focuses on decarbonizing freight transport: Uber Technologies, Inc. partners with Tesla, Inc. (TSLA.US) to launch an electric truck project.

In order to promote the decarbonization process in the freight sector, Uber Technologies, Inc.'s freight company (Uber Freight) announced the launch of a dedicated electric vehicle fleet accelerator program at the annual Deliver 2025 summit in Jacksonville, Florida, and entered into a strategic partnership with Tesla, Inc. (TSLA.US) to accelerate the adoption of electric trucks. This program is a direct response to industry feedback, providing Tesla, Inc. Semi purchase/use opportunities to fleets at subsidized prices, ensuring the demand and operational support for Uber Technologies, Inc.'s freight companies' carriers network, and increasing vehicle utilization and long-term return on investment. Lior Ron emphasized that although electric trucks can significantly save operating costs in the long run, high initial costs, charging infrastructure gaps, and uncertainty in revenue potentials have hindered their widespread adoption. Uber Technologies, Inc.'s freight company will work with Tesla, Inc. to make Semi prices comparable to diesel trucks through financing support, optimize fleet networks, charging locations, and freight routes to ensure seamless charging during operations. It is understood that Tesla, Inc. launched the fully electric 8-grade Semi truck in 2017, started production in 2022, is expected to be produced by the end of 2025, and will be on the market for sale in 2026, with a range of 300 to 500 miles when fully charged. During the two-month accelerator project trial, Tesla, Inc. Semi accumulated over 12,377 miles, running for over 394 hours, with an average energy consumption of 1.72 kilowatt-hours per mile under the conditions of 60 hours of charging. Deliver 2025, a three-day event, brought together about 200 shippers and industry experts to discuss topics such as last-mile delivery, fraud, tariffs, nearshoring, artificial intelligence, cross-border logistics, and multimodal transport. Rebecca Tinucci, CEO of Uber Technologies, Inc.'s freight company, pointed out in her keynote speech that logistics has become a top priority for the board. She was appointed as the new CEO in August this year and has officially taken the helm, succeeding Lior Ron- who will move to become the Chief Operating Officer of self-driving truck pioneer Waabi (with Uber as a major investor). Tinucci mentioned that global import tariffs, railway disruptions, and political events involving GEO Group Inc over the past year have impacted shipping routes, directly affecting business profits and prompting a shift in logistics from cost control to growth leverage. In addition, Uber Technologies, Inc.'s freight company introduced new platform features to simplify logistics processes and improve connectivity. The Transportation Management System (TMS) now integrates "order to payment" tracking functions, allowing shippers to directly manage accounts receivable and accounts payable on the portal website, reducing disputes by up to 20% and accelerating carrier payments. Their exchange procurement platform has expanded features with scenario analysis to support shippers in building multiple bid strategy models in minutes, comparing costs, services, and carrier combinations, reducing costs and enhancing reliability. Contract award information can be exported to any TMS system.