Uber is taking a big risk by ordering 24,000 cars from Volvo
Uber has signed a deal with Volvo for 24,000 XC90 sport-utility vehicles for delivery between 2019 and 2021. With this deal—worth about $1 billion—Uber is essentially betting the company on a self-driving future.
When Recode’s Johana Bhuiyan talked to company insiders about Uber’s self-driving car project in March, she found that “many think it is at a technological standstill and plagued by significant internal tension.” Around the same time, Uber temporarily suspended public testing of its driverless cars after one of its cars collided with another car and flipped over on its side. The company says another driver was at fault in the incident, and it has since resumed testing.
Source: Ars Technica