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30 Sep '16, 7pm

Volvo Ready to Bring Out Autonomous Technology in Five Years for $10,000 Premium

Buyers interested in a luxury self-driving car will be willing to pay a $10,000 premium, according to Volvo’s chief. Speaking Thursday at the World Mobility Leadership Forum in Romulus, Mich., Volvo CEO Håkan Samuelsson said that the automaker expects to have both fully automated and semi-autonomous vehicles available within five years. “Autonomous technology will make premium cars more attractive and profitable,” Samuelsson told reporters following his speech at the conference. “Once you drive it, you don’t want to be without it.” Volvo is taking a dual-track approach in bringing these vehicles to market, he said. Both tracks will be based on the XC90 CUV’s Scalable Product Architecture, into two different styles of self-driving vehicles – one with fully automated and the other semi-autonomous systems. One track will involve Volvo XC90s using control software developed by...

Full article: http://www.hybridcars.com/volvo-ready-to-bring-out-autono...

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