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

Volkswagen pours $300 million into Gett's ride hailing service

Sean Gallup/Getty Pictures

Ford and GM aren’t the one massive automotive corporations getting cozy with the on-demand transportation business. Volkswagen has made a $300 million funding in Gett, one of many greater ridesharing outfits on the planet (notably in Europe). The 2 are working collectively to broaden on-demand journey providers. For VW, that is the “first milestone” towards turning into a prime-tier mobility service supplier by 2025. The agency does not anticipate this to be its solely partnership, however it’s an necessary one.

VW additionally is not shy about one of many lengthy-time period objectives for this deal: self-driving automobiles. Gett’s AI- and prediction-pushed approaches to getting you a experience characterize a superb “basis” for a driverless on-demand service, VW says. As with different alliances like this, the 2 corporations are getting ready for the day whenever you’re extra more likely to hail a automotive than personal one.

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