Waymo, Alphabet’s self-driving vehicle unit, is preparing to expand the scope of its autonomous tech efforts beyond the US in a new partnership with the Renault-Nissan Alliance aimed at creating driverless mobility services for France and Japan.
The companies entered into an “exclusive” arrangement for an unspecified period to research commercial, legal and regulatory issues for revenue-generating mobility businesses, including autonomous ride services and goods delivery. A joint statement didn’t mention whether specific Renault or Nissan vehicles would be involved but said the effort is a first step to figuring out “long-term, profitable driverless mobility services operations,” adding that it may expand to other countries.
Renault, Nissan and Waymo will set up joint committees to work together in France, Japan and the US looking at a number of cross-functional areas, Waymo told Forbes, without elaborating. The Mountain View, California-based company declined to discuss the project’s financial details.
Full Content: Wall Street Journal
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
EU Conducts First-Ever Raids on a Company Under Foreign Subsidies Regulation
Apr 23, 2024 by
CPI
FTC Moves to Ban Non-Compete Agreements, Aiming to Boost Labor Mobility
Apr 23, 2024 by
CPI
Federal Judge Nods at $418M Deal in Real Estate Antitrust Suit
Apr 23, 2024 by
CPI
Mexican Watchdog Probes Amazon and Mercado Libre Over Loyalty Bundles
Apr 23, 2024 by
CPI
Competition Commission of India to Probe AI Landscape for Competition
Apr 23, 2024 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Economics of Criminal Antitrust
Apr 19, 2024 by
CPI
Navigating Economic Expert Work in Criminal Antitrust Litigation
Apr 19, 2024 by
CPI
The Increased Importance of Economics in Cartel Cases
Apr 19, 2024 by
CPI
A Law and Economics Analysis of the Antitrust Treatment of Physician Collective Price Agreements
Apr 19, 2024 by
CPI
Information Exchange In Criminal Antitrust Cases: How Economic Testimony Can Tip The Scales
Apr 19, 2024 by
CPI