[Volvo Cars] Volvo Cars and Uber join forces to develop autonomous driving cars
[Volvo Cars] Volvo Cars and Uber join forces to develop autonomous driving cars
Volvo Cars, the Swedish premium car maker, and Uber, the world’s leading ride-sharing company, are to join forces to develop next generation autonomous driving cars
The two companies have signed an agreement to establish a joint project that will develop new base vehicles that will be able to incorporate the latest developments in AD technologies, up to and including fully autonomous driverless cars. The base vehicles will be manufactured by Volvo Cars and then purchased from Volvo by Uber. Volvo Cars and Uber are contributing a combined USD 300M to the project. Both Uber and Volvo will use the same base vehicle for the next stage of their own autonomous car strategies. This will involve Uber adding its own self-developed autonomous driving systems to the Volvo base vehicle. Volvo will use the same base vehicle for the next stage of its own autonomous car strategy, which will involve fully autonomous driving. (…)
