Volkswagen to Create A Huge Taxi Service In China!

[Luccia at Pelican Parts]

Sources say VW has a huge project in the works as it plans to form a joint venture with China's largest ride-hailing company. This would involve developing specific taxi vehicles for this service. Not only do they plan to develop this venture, but they want to also eventually deploy fully-autonomous cars in the service. What are your thoughts?

Here is details from the story:

Volkswagen will also jointly buy some new cars with Didi to allow the Chinese company to expand its fleet. The two eventually plan to collaborate to design and develop dedicated vehicles, he said, speaking on condition of anonymity as the details are still private.

The executive did not give financial details of the deal but said that Volkswagen will get a slice of the revenue once the venture develops.