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Volvo, Uber Team Up on Driverless Cars

Ride-hailing service Uber will team up with Swedish automaker Volvo to develop a self-driving car, the companies announced Thursday. The two have agreed on a $300 million alliance in which Volvo, owned by China's Geely, will provide SUVs for Uber to use in testing their autonomous driving models. Uber unveiled its first driverless car last May, which had been testing in the streets of Pittsburgh, Pennsylvania. Volvo has been testing self-driving vehicles since 2014 in the...

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