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Waymo and Toyota Forge Partnership to Explore Autonomous Vehicle Platform

The collaboration aims to integrate Waymo's self-driving technology with Toyota's manufacturing expertise for future robotaxis and personal vehicles.

Customers enter a Waymo driverless taxi at Union Square in San Francisco, California, U.S., September 28, 2024. REUTERS/Laure Andrillon/File Photo
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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)
Waymo said it's partnering with Toyota to explore bringing its autonomous driving technology to personally-owned vehicles.

Overview

  • Waymo and Toyota have signed a preliminary agreement to explore developing a next-generation autonomous vehicle platform for ride-hailing fleets and personally owned cars.
  • Toyota's Woven division will contribute advanced software and mobility innovation to the potential collaboration.
  • The partnership reflects Waymo's strategy to diversify beyond robotaxis by licensing its autonomous driving technology for personal vehicle applications.
  • Waymo currently operates its commercial robotaxi service in San Francisco, Los Angeles, Phoenix, and Austin, completing over 250,000 paid rides weekly.
  • Discussions on the scope and financial terms of the partnership are ongoing, with no definitive agreements or product timelines announced yet.