Data Science Investment Counter —Funding raised by UK data science companies in 2018.
£ 5.640 Million

Waymo Buys 62,000 FCA Cars for Driverless Fleet

Alphabet’ s self-driving division Waymo is going  to buy 62,000 minivans from Fiat Chrysler Automobiles (FCA) for its driverless fleet. According to the Wall Street Journal, which quotes undisclosed sources, the value of the deal could add up to over $2 billion.

The move has been construed as the first step Fiat and Waymo are taking to bring self-driving technology to cars retails customers could one day buy as their personal vehicles. Waymo itself never made mystery of its ambition to eventually add that market to its business model.

“Waymo’s goal from day one has been to build the world’s most experienced driver and give people access to self-driving technology that will make our roads safer,” John Krafcik, Waymo’s chief executive, said in a statement. “We’re excited to deepen our relationship with FCA that will support the launch of our driverless service, and explore future products that support Waymo’s mission.”

FCA’s CEO Sergio Marchionne also commented on the deal: “FCA is committed to bringing self-driving technology to our customers in a manner that is safe, efficient and realistic,” he said.

Waymo is planning to launch a fully autonomous taxi fleet to deploy in Phoenix, Arizona, later this year. It has already started trialling Chrysler Pacifica minivans in the area.

The company has also recently acquired 20,000 Jaguar cars— which will go on to form the luxury arm of the driverless fleet in 2020.

Image via Waymo

 

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