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2h ago

Waymo and Toyota Explore Joint Development of Autonomous Vehicle Platform

The companies have signed a preliminary agreement to combine expertise in self-driving technology and manufacturing, targeting both robotaxi services and consumer vehicles.

Customers enter a Waymo driverless taxi at Union Square in San Francisco, California, U.S., September 28, 2024. REUTERS/Laure Andrillon/File Photo
Image
FILE - A Waymo self-driving vehicle sits curbside on Dec. 16, 2022, at the Sky Harbor International Airport Sky Train facility in Phoenix. (AP Photo/Matt York, File)
FILE - The Waymo logo is shown at the North American International Auto Show in Detroit, Sunday, Jan. 8, 2017. (AP Photo/Paul Sancya, File)

Overview

  • Waymo and Toyota have entered a non-binding agreement to explore the creation of a new autonomous vehicle platform for ride-hailing and personal use.
  • The collaboration aims to integrate Waymo's advanced self-driving technology with Toyota's manufacturing expertise to scale autonomous mobility solutions.
  • The partnership reflects a shared commitment to achieving a zero-accident society through the advancement of automated driving technologies.
  • Waymo continues to expand its robotaxi operations, now active in multiple U.S. cities including San Francisco, Los Angeles, and Phoenix, with plans to launch in Atlanta soon.
  • Discussions between the companies are ongoing, with no financial terms disclosed, and the scope of the partnership expected to evolve over time.