This morning Uber Technologies Inc. announced that they have agreed to purchase 24,000 Volvo XC90 plug-in hybrids from the Swedish company to for a fleet of driverless cars. Let that sink in for a moment, 24 thousand self-driving sports utility vehicles. That is 10,000 more than the number of yellow cabs in New York City.
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Just weeks after GM announced a $500 million investment in car-sharing company Lyft, the company says that it expects the first self-driving cars to be use for ride-sharing application instead of direct ownership. General Motors President Dan Ammann made the comment to Mashable at the Detroit Auto Show this week. expand full story