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Volvo and Uber to jointly develop self-driving car www3.nhk.or.jp
Swedish-based auto firm Volvo Car Group has agreed on a business alliance with ride-hailing service Uber to develop self-driving cars.
Volvo announced the agreement with Uber on Thursday. They will invest 300 million dollars to jointly develop the autonomous vehicle based on Volvo's cars.
They will also cooperate in developing highly accurate 3-dimensional maps and sensors used to detect objects in busy streets and other diverse environments.
Analysts say Volvo wants to create self-driving cars as early as possible in cooperation with Uber. Volvo has the software technology for such vehicles, and Uber hopes to introduce new ride-sharing services using driverless cars with sophisticated safety technologies.
Major auto companies and information technology firms are teaming up to develop self-driving cars.
General Motors has developed self-driving cars with one of Uber's rivals. Ford has invested in 4 ventures to put driverless vehicles on the market in 5 years.
Published Date:2016-08-19
