April 25, 2017 / 6:12 PM / 7 months ago

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

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.

FILE PHOTO: A man exits the Uber offices in Queens, New York, U.S., February 2, 2017. REUTERS/Brendan McDermid

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

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