Volvo to Produce Fleet of 24,000 Self-Driving Taxis for Uber

By Paul Riegler on 20 November 2017
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Volvo announced that Uber Technologies will purchase 24,000 self-driving cars with delivery dates set to begin in 2019.

The deal, announced without any specific financial terms, is estimated to be worth $1 billion.

The Swedish automaker, owned by China’s Zhejiang Geely Holding Group, will supply a vehicle based on the current Volvo XC90, a luxury sport-utility vehicle that seats seven including the driver.

As delivered to Uber, the vehicle will “incorporate all necessary safety, redundancy and core autonomous driving technologies that are required for Uber to add its own self-driving technology,” said Volvo’s CEO, Hakan Samuelson, in a statement.

The XC90 already incorporates numerous features that partially support autonomous driving, including radar cruise control, lane keeping assistant, and collision avoidance systems.

The first of the vehicles, pursuant to the deal, will be built in Volvo’s factory in Gothenburg but some will eventually be produced at the automaker’s new factory just outside Charleston, South Carolina, once it opens.

Uber and Volvo originally committed to develop advanced self-driving car systems in an agreement signed in 2016

(Photo: Accura Media Group)