Meaning of the word "drive up" in English

What does "drive up" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

drive up

US /draɪv ʌp/
UK /draɪv ʌp/
"drive up" picture

Phrasal Verb

1.

to cause something to increase, especially prices or costs

Example:
The high demand for housing is expected to drive up prices.
Increased production costs will drive up the retail price of the product.
2.

to arrive somewhere in a vehicle and stop

Example:
A black car drove up to the entrance of the building.
We drove up to the cabin just as it started to rain.