Volvo Cars to supply Uber with up to 24,000 self-driving cars

Niklas Pollard, Heather Somerville, writing for Reuters;

Uber plans to buy up to 24,000 self-driving cars from Volvo, marking the transition of the U.S. firm from an app used to summon a taxi to the owner and operator of a fleet of cars.

Volvo XC90 from volvocars.com

From Volvo’s website, the base model XC90 T5 FWD Momentum have a $49,240 MSRP, while the top of the line 2018 XC90 T8 Plug-in Hybrid eAWD R-Design will have a $70,540 MSRP.

That’s more than $1.2 Billion in sales for Volvo in a span of 3 years (between 2019 and 2021).