Honda Will Build a High-Volume Self-Driving Car with General Motors' Cruise Automation

Honda Will Build a High-Volume Self-Driving Car with General Motors' Cruise AutomationHonda is partnering with General Motors to spend billions of dollars on autonomous cars in a new joint-venture manufacturing deal. Cruise Automation, the San Francisco startup GM purchased in 2016 for $1 billion, is cashing a $750 million equity stake from Honda. The Japanese automaker has also promised to drop some $2 billion over 12 years with GM and Cruise to mass-assemble a fully autonomous car that may never wear a Honda logo.




from Yahoo News - Latest News & Headlines https://ift.tt/2OFnjAN
via Latest News

Comments

Popular posts from this blog

5 new Google gadgets that leaked ahead of the company's big October event