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Author Topic: Uber Employment Problems : Solved  (Read 182 times)
ukgimp
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« on: November 20, 2017, 09:19:14 PM »

https://amp.ft.com/content/713fae44-74c6-3b66-be29-dc84c1cdd137
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littleman
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« Reply #1 on: November 20, 2017, 09:29:02 PM »

24k!   Shocked  Going all in.

I am guessing that one driverless car is probably a bit more than two full time employees as they won't all be running 24 hours a day.

Prediction: Lyft signs a deal with Tesla in the near future.  Or, Tesla buys Lyft.
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Drastic
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« Reply #2 on: November 20, 2017, 10:26:04 PM »

Paywall link. wtf is it?
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littleman
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« Reply #3 on: November 20, 2017, 10:39:19 PM »

Quote
Uber to buy 24,000 Volvo cars for driverless fleet

Uber has entered an agreement to buy thousands of cars from Volvo to prepare a fleet of fully driverless on-demand vehicles, in a significant acceleration of the ride-hailing company’s ambitions in the area.

The US company already has about 200 Volvo sport utility vehicles fitted with its self-driving systems taking part in tests in Pittsburgh, San Francisco and Tempe, Arizona.

The new deal will see Uber purchase up to 24,000 XC90 vehicles between 2019 and 2021 in a deal worth potentially $1.4bn for the Chinese-owned carmaker, according to Financial Times calculations.

Uber will buy the specialised vehicles from Volvo, then add its own sensor array to the roof of the car and operate them — potentially without the need for a human behind the wheel — as part of the Uber network.

The announcement comes just two weeks after Waymo, the self-driving unit of Google’s parent Alphabet, declared it was launching fully driverless cars in a pilot in Phoenix, Arizona — a milestone no one else has passed in the industry.

Uber and Volvo committed last year to invest $300m to develop an autonomous-ready vehicle, an agreement that included joint engineering work to develop the systems that would make Volvo’s cars ready for self-driving.

The flagship XC90 SUVs already being used for the technology group’s self-driving tests in the US cannot be driven without a human safety driver because they do not have redundant braking and steering systems, Uber said. The new vehicles will be designed with specialised back-up systems that will allow them to operate without a human.

“In a self-driving world there is no human, so you need redundant steering and braking and actuation systems, such that if there is an electrical or mechanical failure, the back-up system can kick in,” said Jeff Miller, Uber’s head of automotive partnerships.

He added that the figure of 24,000 was a “best guess” of how many cars Uber would need initially, with a “lot of variability” given regulations and the growth of Uber’s business.

A key question facing Uber is whether it would own and operate autonomous cars, which would mean high capital costs and upending its asset-light business model, or whether third parties would manage the autonomous cars through the Uber app.

The company is testing both business models, and has a partnership with Germany’s Daimler that will see autonomous cars owned by the automaker available through the Uber app.

The Volvo agreement opens a wholly new revenue stream for the carmaker as it positions itself to become a supplier to the robo ride-hailing industry as well as a traditional automaker.

“Our aim is to be the supplier of choice for autonomous drive, ride-sharing service providers globally,” said Hakan Samuelsson, Volvo Cars chief executive.

Several manufacturers have struck deals with ride-hailing services in the hope of securing future business and working together to develop self-driving technology. General Motors and Jaguar Land Rover have both invested in Uber’s US rival Lyft, while Volkswagen has backed European rival Gett.

Uber’s agreement with Volvo is non-exclusive, meaning it is free to choose other carmakers to supply vehicles and Volvo is allowed to sell its vehicles to other ride-hailing providers.

At least one other deal is being pursued by the carmaker, according to one person familiar with the matter.
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Drastic
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« Reply #4 on: November 20, 2017, 10:53:48 PM »

Volvo? Well that's interesting.
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rcjordan
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« Reply #5 on: November 20, 2017, 11:04:12 PM »

>Volvo

= Zheijang Geely Holding Group, a chinese company. Probably risking Uber's money-burning in hopes to make inroads in marketshare.
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