Volvo plans to sell self-driving car in five years
Volvo Car Corp. plans to sell a self-driving vehicle to consumers in five years.
Volvo CEO Hakan Samuelsson says the car will have a steering wheel, but consumers can pay $10,000 extra for a full autopilot system that will let them relax while the car drives itself.
Samuelsson says Volvo is already making early versions of the vehicles. They'll be tested on public roads in Sweden next year and in London and China in 2018.
Volvo's consumer-focused strategy differs from rivals. Ford Motor Co. plans a self-driving car in five years, but it will go into car-sharing fleets.
Samuelsson says self-driving capability is a way to make its cars more premium. Separately, it's working with Uber to develop shared autonomous vehicles.
Samuelsson spoke Thursday at a mobility conference near Detroit.
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