Volvo's and Uber's longstanding partnership is an example of automakers and car-service tech firms teaming up to advance self-driving technology to open up what is expected to be a multi-billion-dollar business. It would be the first of its kind.
"Our aim is to be the supplier of choice for AD ride-sharing service providers globally", said Håkan Samuelsson, president and chief executive of Volvo.
The agreement marks a bold step forward for Uber, both for its autonomous program and its overall operational strategy.
The deal marks a milestone step in the USA firm's transition from an app used to summon a taxi to the owner and operator of a fleet of cars.
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The purchase highlights the delicate line Uber has been forced to walk as it pursues driverless technology while also trying to keep its current workforce of more than 2 million drivers happy. It has been working with Uber for almost three years to develop a base vehicle with core autonomous tech, which the ride-sharing company could then customize as it sees fit.
Uber and its investors have been itching for some good news and it appears that this partnership with Volvo is a great signs for its future.
Uber is already testing the XC90 in Arizona, San Francisco and Pittsburgh in trials with safety drivers on board to help refine and improve their software.
Uber would not share financial information about the project, and Volvo did not immediately respond to a request for further comment.
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"This new agreement puts us on a path toward mass-produced, self-driving vehicles at scale", Uber's Miller said, according to Bloomberg.
Volvo will use the same base vehicle in the development of its own independent autonomous auto strategy, which is planned to culminate in the release of its first fully autonomous auto in 2021.
Moreover, the agreement has showed that Uber is pushing on with the development of its autonomous cars programme, in spite a legal feud with Google's sister company, Waymo.
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After gusty southerly winds earlier in the day, even stronger northwest winds will occur this afternoon and early this evening. Sunday , said Cameron, is looking as the heavy wind and rain move through CT by 8 a.m.to 11 a.m.