You can be on Entrepreneur’s cover!

Mercedes and Bosch Team Up to Create Self-Driving Taxi System This new alliance seeks to make a dent in the nascent industry.

By Rose Leadem

entrepreneur daily

Opinions expressed by Entrepreneur contributors are their own.

Bosch

Joining a field already filled with the likes of Lyft and Uber, Mercedes wants to help populate streets with its own robo-taxis. Mercedes's parent company Daimler has partnered with automotive supplier Bosch to create its own system of self-driving vehicles, which the companies hope hit the streets by 2020.

Related: Are Self-Driving Cars Finally Ready for Consumers? What Entrepreneurs Need to Know.

Mercedes and Bosch are going above and beyond: Rather than simply creating a fleet of autonomous cars, the alliance seeks to create a shared network of self-driving robo-taxis that can be hailed through a smartphone app.

The companies' new project plans to include both autonomous vehicles that require a human driver behind the wheel and ones that do not. The system and its fleet will be specifically designed for cities.

Related: Uber Brings Self-Driving Program Back After Car Crashes in Arizona

With Daimler's expertise in auto manufacturing and Bosch's technology and hardware, the companies are in a good position to make a dent in the market. Daimler's Mercedes-Benz has already been working on developing its own self-driving cars. And the German automaker has already gotten a taste of the car-sharing business with its company car2go and its mobility service subsidiary Moovel Group, which owns route planning startup RideScout and taxi booking app Mytaxi.

Rose Leadem is a freelance writer for Entrepreneur.com. 

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Side Hustle

He Took His Side Hustle Full-Time After Being Laid Off From Meta in 2023 — Now He Earns About $200,000 a Year: 'Sweet, Sweet Irony'

When Scott Goodfriend moved from Los Angeles to New York City, he became "obsessed" with the city's culinary offerings — and saw a business opportunity.

Business News

James Clear Explains Why the 'Two Minute Rule' Is the Key to Long-Term Habit Building

The hardest step is usually the first one, he says. So make it short.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Living

Get Your Business a One-Year Sam's Club Membership for Just $14

Shop for office essentials, lunch for the team, appliances, electronics, and more.

Business News

Microsoft's New AI Can Make Photographs Sing and Talk — and It Already Has the Mona Lisa Lip-Syncing

The VASA-1 AI model was not trained on the Mona Lisa but could animate it anyway.