Waymo and the Volvo Cars Group have agreed to develop a self-driving electric vehicle designed for ride hailing use, as part of a new global partnership, the companies said on Thursday.
Waymo, a unit of Silicon Valley’s Alphabet Inc, said it will be the exclusive global partner for Volvo Cars for developing self-driving vehicles capable of operating safely without routine driver intervention.
Waymo will focus on the artificial intelligence and certain hardware, including cameras, lidar and radar, for the automated “driver.” Volvo will design and manufacture the vehicles. The companies said Waymo will work with Volvo’s global brands, including Polestar and Lynk & Co.
Waymo and Volvo did not say when or where they expect to launch their new ride-hailing vehicle.
A Waymo autonomous vehicle (formerly the Google self-driving car project) is displayed at the Fiat Chrysler Automobiles booth during the 2019 CES in Las Vegas, Nevada, U.S. January 8, 2019. (REUTERS)