Deals
Uber Expands Driverless-Car Push With Deal for 24,000 Volvos
- XC90 SUVs will be fitted with autonomous-control technology
- Order marks first commercial purchase for ride-hailing company
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Uber Technologies Inc. agreed to buy 24,000 sport utility vehicles from Volvo Cars to form a fleet of driverless autos, a signal that the company remains committed to autonomous cars under newly appointed Chief Executive Officer Dara Khosrowshahi.
The XC90s, priced from $46,900 at U.S. dealers, will be delivered from 2019 to 2021 in the first commercial purchase by a ride-hailing provider, Volvo said in a statement Monday. San Francisco-based Uber will add its own sensors and software to permit pilot-less driving.