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Volvo and Uber Team to Co-Develop Driverless Cars

 

Volvo and ride-sharing company Uber are joining forces to develop next-generation autonomous driving (AD) cars. The companies have established a joint project that will develop new base vehicles that will incorporate the latest developments in AD technologies, up to and including fully autonomous driverless cars. The base vehicles will be manufactured by Volvo and then purchased from the car maker by Uber. Volvo and Uber are contributing a combined $300 million 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.

“Over one million people die in car accidents every year. These are tragedies that self-driving technology can help solve,” says Uber CEO Travis Kalanick. “By combining the capabilities of Uber and Volvo we will get to the future faster, together.”

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