Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Reuters
Reuters
Business

Aurora partners with Fiat Chrysler over self-driving tech

FILE PHOTO: A Fiat Chrysler Automobiles (FCA) sign at its U.S. headquarters in Auburn Hills, Michigan, U.S., May 25, 2018. REUTERS/Rebecca Cook/File Photo

SAN FRANCISCO (Reuters) - Self-driving car software startup Aurora said on Sunday it would partner with Fiat Chrysler to build autonomous platforms for commercial vehicles, the latest collaboration with an automaker for the fast-growing Silicon Valley company.

The deal with one of the Big Three will expand Aurora's scope, "allowing us to offer a variety of solutions to strategic customers in logistics, transit and other use cases," the Palo Alto, California-based company said in a brief statement.

Besides for ride hailing fleets, automakers and others are interested in self-driving technology for commercial applications, such as delivery vans.

Financial terms were not disclosed.

Aurora already has partnerships with Volkswagen AG, Hyundai Motor Co and China's Byton to develop and test self-driving systems for a range of applications for automakers, fleet owners and others.

The company is among dozens of startups, automakers and large technology companies working on self-driving car systems, eager to capitalize on a sea change in the transportation industry brought by developments in machine learning.

Fiat Chrysler has an existing partnership with Waymo, Alphabet's self-driving unit, in which it supplies Chrysler Pacifica hybrid minivans for Waymo's driverless fleet, which is currently in operation in Arizona.

In February, Aurora said it had raised $530 million in new funding.

(Reporting by Alexandria Sage; Editing by Sonya Hepinstall)

Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.