» » Aurora partners with Fiat Chrysler over self-driving tech
11062019

Aurora partners with Fiat Chrysler over self-driving tech

Added by: administrator Business | Comments: 15 | Views: 7 137 |

 
 
The deal with one of the Big Three will expand the scope of Aurora’s activities, "by allowing us to offer a variety of solutions for strategic clients in the areas of logistics, transit and other uses,” the Palo Alto California company said in a brief statement.

In addition to fleets, automakers and others are interested in self-driving technology for commercial applications, such as vans.

Financial terms of the transaction were not disclosed.

Aurora already has a partnership with Volkswagen AG, Hyundai Motor Co. and Chinese Byton to develop and test automatic drive systems for a wide range of applications for car manufacturers, car fleet owners and others.

The company is one of dozens of startups, automakers and large technology companies working on self-propelled vehicle systems that seek to capitalize on the huge changes in the transport industry caused by machine learning developments.
Fiat Chrysler is already partnering with Waymo, the standalone Alphabet machine that delivers Chrysler Pacifica hybrid minivans for the Waymo driverless fleet that currently operates in Arizona.

In February, Aurora said it raised $ 530 million in new funding.



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