Volvo Cars Will Supply Uber With Up to 24,000 Self-Driving Cars

Volvo Cars Will Supply Uber With Up to 24,000 Self-Driving Cars

“Uber plans to buy up to 24,000 self-driving cars from Volvo, marking the transition of the U.S. firm from an app used to summon a taxi to the owner and operator of a fleet of cars.

Automakers, ride-hailing firms, and tech startups have been forging loose alliances in an effort to advance self-driving technology and claim a piece of what is expected to be a multi-billion-dollar business.

Geely-owned Volvo said in a statement on Monday it would provide Uber with its flagship XC90 SUVs equipped with autonomous technology as part of a non-exclusive deal from 2019 to 2021. A Volvo spokesman said it covered up to 24,000 cars…”

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http://fortune.com/2017/11/20/uber-volvo-self-driving-cars/

http://fortune.com/2017/11/20/uber-volvo-self-driving-cars/