Ahead Of Tesla Robotaxi Event, Alphabet's Waymo Partners With Hyundai For Autonomous Taxi Expansion

Quick Summary:

The initial phase involves integrating Waymo’s sixth-generation autonomous technology, known as the “Waymo Driver,” into Hyundai’s all-electric IONIQ 5 SUV.

On Friday, Hyundai Motor Company (OTC:HYMTF) and Waymo by Google parent Alphabet Inc.(NASDAQ:GOOGL) (NASDAQ:GOOG) announced in a joint statement that they have entered into a multi-year strategic collaboration.

What Happened: The IONIQ 5 vehicles will be manufactured at Hyundai’s new EV facility in Georgia and will join the Waymo One fleet.

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Category: Technology

Markets: United StatesGeorgia

Topics: News Pooja Rajkumari US88160R1014 USY384721251 GOOGL Robotaxis HYMTF Waymo Driver Benzinga General US38259P5089 Stories That Matter GOOG Waymo Autonomous vehicles Tech Mobility EVs TSLA US38259P7069

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Article Type: News Report

Published On: 2024-10-04 @ 13:21:58 (11 hours ago)

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News Source URL: benzinga.com

Language: English

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