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The company will be moving employees working on the self-driving truck program to its autonomous vehicle division, Uber also stated that its on-demand logistics side-project Uber Freight will remain unaffected by this decision.

Uber's aspirations had included self-driving trucks, with the smartphone-summoned-ride service revving that effort with the purchase of startup Otto 2 years ago. "We believe having our entire team's energy and expertise focused on this effort is the best path forward", Meyhofer said in his statement.

Employees for Uber's San Francisco-based Trucks team will be reassigned to self-driving car-related positions or offered relocation assignments in the firm's Pittsburg-based auto division.

Uber suspended testing of its self-driving cars after one struck and killed a female cyclist in Phoenix, Arizona, back in March.

In the absence of an urgent need for self-driving trucks to keep Uber Freight competitive, members of that team will work on autonomous cars or be offered spots elsewhere in the company.

Engineers from the trucking unit will be moved over to the self-driving cars project.

However, Uber's acquisition of Otto was later mired in controversy.

Ron and co-founders including Anthony Levandowski, started Otto in early 2016.

Google engineers Anthony Levandowski and Lior Ron founded Otto, with the former going on to become head of Uber's self-driving vehicle division. The two companies eventually reached a settlement in which Uber paid Waymo $245 million worth of Uber's private shares at the companies 2015 valuation.

Uber Freight, which has seen "rapid" growth, is unaffected by the decision, the company said. It will also continue developing its own LiDAR system - the technology that allows self-driving vehicles to see the world around them by using lasers to shape an evolving 3D image of other objects on the road.