Nissan, Renault, Waymo to Collaborate on Driverless Mobility

Economy

Tokyo, June 20 (Jiji Press)--Nissan Motor Co. <7201> and Renault SA said Thursday that they have signed an agreement with Google LLC-linked self-driving technology firm Waymo LLC to collaborate in developing driverless mobility services.

The three will first study the feasibility of "long-term, profitable driverless mobility services operations" in Japan and France, home to Nissan and Renault, respectively.

The joint initiative "may expand to other markets, excluding China, in the future," according to the announcement.

The Nissan-Renault alliance, which also includes Mitsubishi Motors Corp. <7211>, will set up driverless mobility joint ventures in Japan and France.

"Our expertise in the global automotive industry and expertise in strategic partnership will enable us to explore opportunities to grow our portfolio and deliver new value to customers with Waymo, the recognized leader in this space," Nissan President Hiroto Saikawa said in the press release.

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Jiji Press