Uber plans to buy 24,000 Volvos to create a self-driving fleet

Uber plans to buy up to 24,000 self-driving cars from Volvo, marking its transition from an app used to summon a taxi to the owner and operator of a fleet of cars. The non-binding framework deal could offer San Francisco-based Uber a way to overcome setbacks at its autonomous

Tesla shares dive amid Volvo’s electric, hybrid announcement

Cracks are starting to show in Tesla’s super-sleek façade. Pressured by a growing necessity to hit production goals, by reports of plateauing demand and by rival car companies moving into the electric car game, shares of Elon Musk’s Tesla have fallen 20.2 percent over the past eight trading days. The steep stock

Volvo plans to stop making gas-only cars in 2019

All Volvo car models launched after 2019 will be electric or hybrids, the Chinese-owned company said on Wednesday, making it the first major traditional automaker to set a date for phasing out vehicles powered solely by the internal combustion engine. The Sweden-based company will continue to produce pure combustion-engine Volvos from

Self-driving cars are totally perplexed by kangaroos

We all assume that at some point in the not-so-distant future, cars will be able to takes us from place to place with a bare minimum of input on our part. When that day will arrive is impossible to know, but for now it’s up to companies like Volvo to