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Addison Lee and Oxbotica ink self-driving deal, will offer autonomous car services in London by 2021
2018-10-21T23:00:21Z - Ingrid Lunden / TechCrunch
The on-demand ride company — which competes with black cabs, Uber and other car services — announced a deal with self-driving startup Oxbotica to develop autonomous vehicles, with the aim of getting them in service in London by 2021. Addison Lee CEO Andy Boland, in an interview, described it as “purely commercial.” Currently Addison Lee is “unfashionably profitable,” he added, and so it is working on its current self-driving efforts off its own balance sheet. That early start was one of the reasons why Addison Lee decided to go with Oxbotica for its own efforts. For now Addison Lee has not named a vehicle partner, and Boland said that this was intentional. As car ownership is predicted to decline as cars become ever-more sophisticated and expensive, car services are already on the rise and are predicted to grow some 21 per cent by 2030.

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