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Reading: Volkswagen pours $300 million into Gett’s experience hailing service
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weareliferuiner > MONEY > Volkswagen pours $300 million into Gett’s experience hailing service
MONEY

Volkswagen pours $300 million into Gett’s experience hailing service

sristy
Last updated: 2016/05/26 at 10:35 AM
By sristy 1 Min Read
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Ford and GM aren’t the handiest large vehicle companies getting at ease with the on-call fortransportation enterprise. Volkswagen has made a $three hundred million investment in Gett, considered one of the bigger ridesharing clothes in the international (specifically in Europe). the 2 are operatingtogether to amplify on-demand journey services. For VW, this is the “first milestone” closer to turning into a pinnacle-tier mobility carrier company via 2025. The company doesn’t expect this to be itshandiest partnership, however it’s an critical one.

VW additionally isn’t shy about one of the lengthy–time period dreams for this deal: self-drivingvehicles. Gett’s AI- and prediction-driven techniques to getting you a journey represent an excellent“foundation” for a driverless on-call for carrier, VW says. As with different alliances like this, the 2 agenciesare preparing for the day when you‘re much more likely to hail a automobile than own one.

source: Volkswagen
In this newsletter: independent, equipment, gett, internet, investment, ridesharing, self-riding, self-drivingcar, offerings, transportation, volkswagen, vw

TAGGED: $300, Experience, Gett's, hailing, into, million, pours, Service, Volkswagen
sristy May 26, 2016
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