Toyota Motor and Alphabet’s Waymo have announced a new partnership to co-develop autonomous driving platforms and explore innovations in next-generation personally owned vehicles (POVs).
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Toyota and Waymo will jointly create an autonomous driving system for future models.
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The collaboration will also focus on improving self-driving capabilities in privately owned vehicles.
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Both companies are looking at ways to expand the partnership over time.
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Waymo contributes its expertise in autonomous driving technology, while Toyota offers large-scale manufacturing and global distribution.
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The agreement is seen as a significant move toward delivering safe, consumer-ready self-driving cars.
This article was written by Eamonn Sheridan at www.forexlive.com.
