Hyundai Motor, Waymo Enter Multi-year Strategic Partnership
Portfolio Pulse from Benzinga Newsdesk
Hyundai Motor and Waymo have entered a multi-year strategic partnership to integrate Waymo's autonomous technology into Hyundai's IONIQ 5 SUV, which will join the Waymo One fleet.
October 04, 2024 | 10:03 am
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Waymo, a subsidiary of Alphabet Inc., has partnered with Hyundai to integrate its autonomous technology into Hyundai's IONIQ 5 SUV, which will be part of the Waymo One fleet.
The partnership with Hyundai to integrate Waymo's autonomous technology into a new vehicle model is a significant step for Waymo, enhancing its fleet and showcasing its technology. This is likely to positively impact Alphabet's stock as it demonstrates progress in the autonomous vehicle sector.
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