Volvo said Monday it will sell tens of thousands of vehicles to Uber Technologies Inc. starting as early as 2019 that will serve as the ride-hailing company's self-driving taxi fleet. The so-called base vehicles will be developed off of car architecture currently used on Volvo's 90 series cars and the XC60 midsize SUV. Volvo said in a statement that its engineers have worked closely with Uber to develop the technology on another SUV currently on the market. The autonomous vehicle fleet will number 24,000 vehicles, according to the Wall Street Journal. It's unclear when the vehicles would be put on the road. Financial terms were not disclosed. Jeff Miller, head of auto alliances at San Francisco-based Uber, said in a statement that the agreement puts the company on a "path towards mass produced self-driving vehicles at scale." The Swedish carmaker, acquired by Chinese automaker Geely Holding in 2012, said it also plans to use the base vehicle in the developme...
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