DETROIT/PARIS (Reuters) – French automaker Renault SA, its Japanese partner Nissan Motor Co and tech giant Alphabet Inc’s Waymo are exploring a partnership to develop and use self-driving vehicles to transport people and goods in France and Japan, the companies said on Thursday.
The proposed venture could also be expanded to other markets, the companies said.
Partnership - Ramifications - Alliances - Projects - Road
If the partnership is realized, it will have ramifications for other alliances and other self-driving projects, most of which have yet to hit the road. Automakers across the world are re-thinking independent autonomous vehicle efforts, and instead looking for partners to share rising investment costs and regulatory risks.
In Japan, a potential competitor to a Renault-Nissan-Waymo venture would be Monet Technologies, a self-driving project involving Toyota Motor Corp and Honda Motor Co and backed by SoftBank Group Corp. SoftBank and Honda also have invested in General Motors Co’s Cruise self-driving car unit.
Agreement - Waymo - Renault - Nissan - Framework
The initial agreement among Waymo, Renault and Nissan aims to “develop a framework for deployment of mobility services at scale,” according to Hadi Zablit, Renault-Nissan Alliance business development chief. Physical testing of vehicles and deployment of services would come in later phases.
The two automakers will set up 50-50 joint ventures in France and Japan to develop the driverless transportation services. Zablit said a later Waymo investment is “one of the options” under consideration.
Waymo - Research - Issues
With Waymo, they will also research commercial, legal and regulatory issues related to...
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One of the countries we liberated was Russia, too bad it seems to have cost us our liberty.