Uber orders up to 24,000 Volvo SUVs for its self-driving fleet

Uber has just taken another big step from a ride-sharing service to a transportation provider. It announced that it will buy up to 24, 000 Volvo XC90s, marking the first major vehicle fleet purchase by a ride-hailing service. Uber will take delivery of the SUVs between 2019 and 2021, then equip them with its own sensors and tech, allowing it to do fully autonomous, driver-free passenger rides . “This new agreement puts us on a path toward mass-produced, self-driving vehicles at scale, ” Uber’s Jeff Miller told Bloomberg . The XC90 starts at $47, 000, so this could be a pretty substantial purchase — over $1 billion worth of cars, to be exact. Uber and Volvo previously signed a $300 million pact, and Volvo, based in Sweden but owned by China’s Geely Auto , is using the proceeds to develop its own driverless cars. It has been working with Uber for nearly three years to develop a base vehicle with core autonomous tech, which the ride-sharing company could then customize as it sees fit. Uber has also made deals with Ford and Daimler. Uber aims to eventually give driver-free passenger rides, which is the only way such a service would be economically feasible. “It only becomes a commercial business when you can remove the vehicle operator from the equation, ” Miller told Reuters . However, Uber and everyone else are still far from that goal. Uber has been offering autonomous car rides in Ford Fusion and other vehicles for over a year in Pittsburgh. However, earlier this year, it admitted that human drivers had to take the wheel at least once every mile . City dwellers are also reportedly tired of the tests, as they haven’t provided the promised jobs and other benefits. On top of all that, Uber is embroiled in a lawsuit with Google’s Waymo, which accused it of stealing key self-driving tech. Source: Bloomberg

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Uber orders up to 24,000 Volvo SUVs for its self-driving fleet

Volvo’s first EV will cost less than $40,000

When Volvo revealed its intentions to make its first all-electric car , it raised at least a few questions: would the EV carry a premium over Volvo’s already pricier-than-usual lineup? And would it have enough range to be more than an urban commuter car? Apparently, the answer to both is “yes.” The company’s US chief Lex Kerssemakers told the press that the 2019-era vehicle should carry a price between $35, 000 and $40, 000, and should have at least a 250-mile range. That would put it at the lower end of Volvo’s price spectrum, and pit it directly against the wave of new mainstream EVs like the Chevy Bolt and Tesla Model 3 . The company isn’t ready to talk about the finer details of the machine. However, the price and range suggest that this is most likely to be a sedan than either an SUV or a compact car like the old C30 Electric concept. And Kerssemakers stresses that range is important — he says that people won’t buy an EV unless it has “sufficient” range, even if it’s overkill for the daily commute. Volvo’s approach should be important for EVs as a whole by not only making them more accessible, but introducing them to a familiar brand associated with upscale cars. It may also be crucial to the company’s success in its home country. Tesla sales are exploding in Sweden, and it would be more than a little embarrassing if Volvo let a foreign rival go unchallenged for more than a few years. Via: Business Insider Source: Automotive News

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Volvo’s first EV will cost less than $40,000

Volvo plans self-driving cars in 2014, envisions accident-free fleet by 2020.

Long hailed as one of the safest car producers in the world, Volvo hopes to retain that reputation by introducing vehicles that can avoid passenger injuries on their own by the year 2020. Its plans hinge on eliminating the largest cause of road accidents — the drivers themselves. The head of development for the program is convinced that driver-less cars are the future and that Volvo will be the first one there. The main technology underpinning Volvo’s autonomous automobiles is wireless internet, which would enable each car to be assigned a certain point on the road and give different vehicles the ability to interact with each other. The company is preparing to release an initial batch of autonomous vehicles, capable of speeds of up to 31 miles per hour, in 2014. We know from the SARTRE project that the automaker has been able to achieve autonomous speeds of 53 miles per hour in traffic for long distances, though they aren’t disclosing when those higher-speed prototypes would be publicly available. Filed under: Transportation Comments Via: Autopia (Wired) Source: Driver’s Seat (WSJ)

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Volvo plans self-driving cars in 2014, envisions accident-free fleet by 2020.