Published: May 2, 2016
Google’s parent company Alphabet is going to announce a new partnership with Fiat Chrysler to develop a new platform for self-driving cars. The talks have been ongoing for several months and Alphabet has been seeking industry partnerships with the biggest auto makers in the world, offering a deal to sell self-driving car technology that has been under development for several years.
According to The Wall Street Journal, “Although the company’s autonomous-vehicle development efforts are most often tied to the Google self-driving cars that are testing in California and other states, the company has ambitions as an auto supplier. Google’s car-development executives have said they don’t want to build cars themselves.”
It is also stated that this much hyped partnership could give both parties needed resources to accelerate the development and production of next-generation car technologies and autonomous vehicles. Partnering with Google also could give Fiat Chrysler additional credibility in the auto tech sector, while potentially allowing Google access to hundreds of thousands of slow-selling cars such as the Fiat 500, Chrysler 200 and Dodge Dart to use to test its technologies.
Last year, Alphabet hired former auto industry executive John Krafcik to head its autonomous-car unit. He has made forging partnership with car makers a focus for 2016. It’s a logical partnership, as Alphabet has previously said that it doesn’t want to get into the weeds of building cars itself, so it’ll need another company to realize its visions.
Source: The Wall Street Journal