Car company Volvo partnered with search giant Baidu to build self-driving taxis for China

Briefing

Car company Volvo partnered with search giant Baidu to build self-driving taxis for China

November 2, 2018

Briefing

  • Volvo-Baidu Partnership – Car manufacturer Volvo teamed up with search company Baidu to develop self-driving taxis for China
  • Self-Driving Software – Partnership will give Volvo access to Baidu’s autonomous driving software Apollo, intended for Level 4 cars, which can drive without human input on most situations
  • Sales Goal – Volvo aims to get one-third of sales from driverless cars by 2025
  • Uber Deal – Volvo also struck deal with Uber to supply up to 24,000 Level 1 and Level 2 cars between 2019 and 2021

Accelerator

Market Disruption

Business Model and Practices

Business Model
and Practices

Sector

Information Technology, Transportation and Logistics

Organization

AB Volvo, Baidu

Source

Original Publication Date

November 1, 2018

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