Tech companies are increasing going up the value chain for automakers. This partnership is the latest example of this strategic tie-up.
In a development that marks the latest collaboration between Silicon Valley and automakers, Aurora, a self-driving car software startup stated it will be partnering with Fiat Chrysler to build autonomous platforms for commercial vehicles.
The deal will expand Aurora’s scope, “allowing us to offer a variety of solutions to strategic customers in logistics, transit and other use cases,” said Palo Alto, California-Aurora in a brief statement.
Apart from creating ride hailing fleets, companies are interested in self-driving technology for commercial applications, such as delivery vans.
The financial terms of the deal have not been disclosed.
Incidentally, Aurora has partnership agreements with Hyundai Motor Co, Volkswagen AG, and Byton, a Chinese company, to develop and test self-driving systems for a range of applications for automakers, fleet owners and others.
Aurora “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,” said the startup.
FCA already has a partnership with Alphabet’s self-driving unit, Waymo, wherein it supplies Chrysler Pacifica hybrid minivans for Waymo’s driverless fleet.
In a funding round in February 2019, Aurora had said it had raised $530 million.