Tuesday, September 27, 2016

More on Corporate/Start Up Musical Chairs

When the music stops, who is sitting on whose lap as shakeups and pairings continue in the race for developing and bringing driverless vehicles and services to market? Some pairings are partnerships and others are financial investments.

Quick update

Late players in both the technology and car manufacturing worlds have found each other. Microsoft partnering with Renault-Nissan.

nuTonomy is searching for additional funding. The MIT-based company has found willing partners in the government of Singapore, where the start up has a pilot driverless taxipod program currently in operation, and in a venture capital firm co-founded by Ford Motor Company, as well as other backers.

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