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News, Analysis & Perspective on Autonomous Vehicles

Volvo solves autonomous revenue riddle with package deals

STOCKHOLM (Reuters) – Swedish truckmaker AB Volvo’s first commercial autonomous truck deal shows how it is bundling services to generate revenue from a technology that is years away from wide deployment. Driverless transportation has been hailed as a transformative revenue opportunity, with the Boston Consulting Group expecting connected high-tech vehicles to generate about $150 billion of new profits for the auto sector by 2035.

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