Uber Is Making a $1 Billion Bet on Owning a Fleet of Driverless Cars
The ride-hailer’s business model is about to change beyond recognition. Reuters reports that Uber has entered an agreement with Volvo to buy as many as 24,000 of its XC90 SUVs—which it currently uses for testing—between 2019 and 2021. Those vehicles will have Uber’s own self-driving technology added to them, which is currently developed in-house by the firm’s Advanced Technologies Group.
With a list price of around $50,000 per vehicle, an... [Lire la suite]