Self-Driving Vehicles: Honda and Carmaker Gm

self-driving vehicles: Honda and major U.S. carmaker GM agreed in 2018 to join hands in developing self-driving vehicles. ; Honda said it plans to start a mobility business using the Cruise Origin, a self-driving vehicle being developed by the three companies, with an eye to offering new transportation solutions in potential collaboration with local governments in Japan, according to The Japan Times. Through active collaboration with partners who share the same interests and aspirations, Honda will continue to accelerate the realization of our autonomous vehicle MaaS business in Japan, Honda President Takahiro Hachigo said in a statement, referring to its mobility service. Automakers are scrambling to develop next-generation autonomous vehicles, with IT firms also joining the race. Honda and Cruise will start conducting experiments in Japan using Cruise's test vehicle this year, Honda said. Microsoft will join GM, Honda Motor Co. and institutional investors in a combined new equity investment of more than 2 billion 207.5 billion in Cruise, bringing the post-money valuation of the San Francisco-based startup to 30 billion. RELATED STORIES Toyota to use advanced self-driving tech in commercial vehicles first Toyota-backed Pony.ai to offer autonomous delivery service in California Honda to launch world's first level 3 autonomous vehicle by March Cruise and GM said Tuesday they would partner with Microsoft Corp. to accelerate the commercialization of driverless vehicles. (news.financializer.com). As reported in the news.