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  Technology   In Other news  12 Mar 2019  Alphabet's Waymo seeks outside investors: The Information

Alphabet's Waymo seeks outside investors: The Information

REUTERS
Published : Mar 12, 2019, 12:40 pm IST
Updated : Mar 12, 2019, 12:40 pm IST

Alphabet could not be immediately reached for comment on the report.

Aside from Volkswagen, other potential investors could include automakers that now make cars for Waymo - Fiat Chrysler and Jaguar, the technology website reported bit.ly/2NXZmSr.
 Aside from Volkswagen, other potential investors could include automakers that now make cars for Waymo - Fiat Chrysler and Jaguar, the technology website reported bit.ly/2NXZmSr.

Alphabet Inc’s self-driving car division, Waymo, has been seeking financing from outside investors such as European automakers Volkswagen AG, The Information reported on Monday, citing a person with direct knowledge of the situation.

Aside from Volkswagen, other potential investors could include automakers that now make cars for Waymo - Fiat Chrysler and Jaguar, the technology website reported bit.ly/2NXZmSr.

 

Alphabet could not be immediately reached for comment on the report.

Reuters reported last month that Volkswagen and Ford Motor Co have also been in discussions over how much the German automaker will invest in the No. 2 US  automaker’s self-driving vehicle unit.

Tags: waymo, self-driving car, volkswagen, ford motor