Uber to buy 24,000 Volvo self-driving cars between 2019 and 2021 for ridesharing fleet

Briefing

November 24, 2017

Briefing	24,000 SUVs Sale – Uber signs agreement to buy 24,000 of Volvo’s XC90 premium sport utility vehicles (SUVs) between 2019 and 2021 for company’s autonomous ridesharing fleet Driverless Technology – Will supply self-driving system still being developed by company's Advanced Technologies Group Earlier Trials – Uber testing Volvo prototype XC90 cars in Pittsburgh and Arizona since 2016 Volvo’s Plan – Will release fully autonomous car in 2021
Accelerator	Transportation and Mobility
Market Disruption	Innovation Partnerships
Business Model and Practices Business Model and Practices	Innovative Partnerships
Sector	Information Technology, Transportation and Logistics
Organization	AB Volvo, Uber Technologies Inc.
Source	"Volvo Cars to supply tens of thousands of autonomous drive compatible cars to Uber," Volvo Group, https://www.volvogroup.com/; Gibbs, S., "Uber plans to buy 24,000 autonomous Volvo SUVs in race for driverless future", The Guardian, https://www.theguardian.com/; Behrmann, E., "Uber expands driverless-car push with deal for 24,000 Volvos", Bloomberg, https://www.bloomberg.com/; AcceleratingBiz analysis
Original Publication Date	November 20, 2017

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