Thursday, January 4, 2018

Volkswagen and Hyundai self-driving ink the deal

Photo: Justin Edmonds/Getty Images

Who does not know the big companies like Volkswagen and Hyundai? this time the Aurora Innovation managed to hook these two couples.... So nice combine that?

Aurora Innovation, an autonomous driving startup founded by an early leader of Google's self-driving effort, has signed partnerships with Volkswagen and Hyundai, according to the Wall Street Journal. The startup will work with each automaker to help them get self-driving fleets on the road in 2021.

Why it matters: A growing number of automakers have teamed up with Silicon Valley's bevy of self-driving startups to ensure they can remain competitive in the autonomous future.

Twist: Both automakers admitted to the WSJ that they're also in talks with Waymo, the new name of Google's self-driving car unit and Aurora CEO Chris Urmson's old employer. According to Volkswagen, its work with Waymo would be different than its work with Aurora.

Background: Last year, Urmson started the company with Sterling Anderson, who previously oversaw Tesla's Autopilot technology. The startup quietly raised just over $3 million in funding and has opened offices in Silicon Valley and Pittsburgh.

Kia Kokalitcheva

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