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Uber powers ahead on autonomous vehicles

Uber says it’s acquiring Otto, a venture working on self-driving trucks, and starting up an autonomous-vehicle experiment with Volvo in Pittsburgh.

The moves by the ride-share trailblazer, announced on Thursday, came just days after Ford… 97 more words


UBER acquired self-driving truck startup OTTO and teamed up with VOLVO

Uber Logo

Anthony Levandowski, Founder & CEO of OTTO

Travis Kalanick, Founder & CEO of Uber

Anthony Levandowski(left) & Travis Kalanick(right)

OTTO Truck

Ride service Uber Technologies Inc said on Thursday it acquired self-driving trucks startup Otto and formed a $300 million alliance with Volvo Car Group to develop self-driving cars. 682 more words


Former Volvo Exec Seeks To Raise $1Billion At China EV Startup.

Beijing (Auto News): Freeman Shen, a former top executive at Volvo, is setting out to raise $1 billion in an initial fundraising round for the latest China electric-vehicle startup to enter the green car industry. 503 more words

General News

Uber y Volvo se unen para desarrollar vehículos autónomos

El constructor automotriz sueco Volvo anunció una alianza con el servicio de choferes Uber para ofrecer viajes en automóviles autónomos, para lo que prevén una inversión conjunta de 300 millones de dólares. 439 more words


Volvo and Uber to join forces to create driverless taxi

Volvo announces $300m investment with Uber to advance driverless tech, with the aim of an autonomous taxi service

Volvo has announced it will embark on a joint venture with the world’s largest ride-sharing company, Uber, with the aim of being the first to market with a fully autonomous taxi. 185 more words


Koreans Having Second Thoughts about German Cars

The Volkswagen Incident is making the huge popularity of German cars among Korean consumers ebbing away as market share of German vehicles decline in Korea.   205 more words

Electric Vehicle