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

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

Business News

JPMorgan Shuts Down Internal Message Board Comments After Employees React to Return-to-Office Mandate

Employees were given the option to leave comments about the RTO mandate with their first and last names on display — and they did not hold back.

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

Business News

'More Soul-Crushing Than Ever': Popular Hiring Platform Finds Around 20% of Its Postings Were 'Ghost Jobs'

Is that job listing too good to be true? There's a one-in-five chance that it might be.

Growing a Business

5 Risk-Taking Lessons From Founders Who Bet Big and Won

Discover the bold moves and strategic risks that catapulted these entrepreneurs to success. Learn how their fearless decisions can inspire your own path to growth.

Business News

'Masculine Energy Is Good': Mark Zuckerberg Tells Joe Rogan He Thinks Companies Need More Aggression

On the most recent episode of "The Joe Rogan Experience," Meta CEO Mark Zuckerberg said corporate culture has become "neutered."

Business Models

I Transformed My Company With Employee Ownership — Here's Why You Should Too

As a business leader who recently decided to transition to an employee-owned business model, I'm sharing insights into the vast benefits for both the business and employees based on first-hand experience.