Waymo choose a Detroit factory intending mass production of self-driving cars

Alphabet Inc’s Waymo will be mass producing its self-driving cars in Detroit as company has chosen a factory there while looking for a one to build its vehicle of future in historical hub of the auto industry.

Announced last week on Tuesday in a blog post by company’s chief executive John Krafcik, Waymo will go into a partnership with American Axle & Manufacturing to lease an existing Detroit facility and will make structural changes to utilize that facility, which is expected to be operational by mid-2019, for mass production of autonomous vehicles.

Earlier in January, as said the company at the time, Michigan was chosen by Waymo to run first of its production facility, a decision for which company was expecting to be creating self-driving related jobs of up to 400 in numbers over time and was also receiving incentives from the public-private partnership agency, the Michigan Economic Development Corporation.

Waymo, among numerous competitors, is thought to be at a leading position in the race for self-driving cars as it has already been operating a robotaxi service in Arizona with plans of expanding it to other geographic locations over time.

At the moment, when many of large tech companies, startups and global auto manufacturers all are busy with their self-driving strategies, experts are in views that the system for self-driving technology, in presence of many challenges like regulatory and software hurdles, will take some more years to become ready to be launched in all areas.

Waymo, to deploy autonomous vehicles for the masses, is in competitions with rivals like Uber Technologies and General Motors, while Tesla is also planning launching a robotaxi service in 2020, as announced its CEO Elon Musk. Waymo has currently been modifying Chrysler Pacifica minivans to use in its self-driving cars, a technology the company has been working on for a decade.

What do you think?

0 points
Upvote Downvote
James Moon

Written by James Moon

James Moon:- Business and Services
I am James Moon and I give “News Stories World” an insight into the most recent news hitting the “Business and Services” sector in Wall Street. I have been an independent financial adviser for over 13 years in the city and in recent years turned my experience in finance and passion for journalism into a full time role. I perform analysis of Companies and publicize valuable information for shareholder community.

Verizon beat profit estimates but lost net subscriber in first quarter

AT&T’s first-quarter revenue fell short of estimates