Volvo Wins 3 Year Deal To Supply Uber With Robo Taxis

Volvo Wins 3 Year Deal To Supply Uber With Robo Taxis

Volvo added that engineers from both companies developed the XC90 premium SUVs that are supplied to Uber. So let's dive in to see some more details on the subject.

The ride-hailing firm has just snapped up thousands of autonomous vehicles from Volvo just weeks after it failed to overturn a landmark legal judgement over drivers' working rights. Uber also paired up with Volvo to jointly develop autonomous driving and a vehicle ready for self-driving implementation, with investment from both sides committed previous year. However, industry executives have predicted with more and more confidence that companies could have such cars on the road in a matter of years, not decades.

Anthony Levandowski, who used to work for Waymo, left the company in January 2016 to found self-driving start-up Otto, which Uber swiftly purchased in July past year for $700m (£558m).

Uber was thrown into disarray earlier this year when Transport for London (TfL) refused to renew its licence to operate in the British capital due to concerns about public safety for passengers and the process of driver registration.

Neither Volvo nor Uber released financial details, but based on list prices for the cars the deal could be worth more than $1 billion (around 850 million euros). Uber would then have the ability to augment the technology as per its needs. Volvo plans to use those cars for its own future offering.

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"The only way we could control our own destiny was to work with this technology that had the potential to disrupt our business, and have direct involvement in the creation of it", Jeff Miller, Uber's head of automotive alliances said, according to the Times.

"This opens a whole new segment for us". It focused on the collaboration of auto designs and financing integrated with the self-driving mechanism.

Volvo isn't going to do anything on the self-driving front.

The Swedish automaker previously provided a small number of XC90 s for autonomous pilot programs Uber operated in several cities, including San Francisco and Phoenix.

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