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Honda, Alphabet’s Waymo in Talks By Self-Driving Technology

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Honda Motor Co said on Wednesday it had entered into formal talks with Alphabet Inc’s new self-driving division Waymo to add self-driving technology to its vehicles, marking the second potential customer for the automation software.

The move comes just one week after Google spun off its self-driving unit into its own company named “Waymo” with a mandate to strike partnerships with automakers and others and commercialize the research it has been developing for over seven years.

The potential deal illustrates how automakers faced with the high costs of developing the new technology in-house are separating into those betting on developing it alone, such as Ford Motor Co and General Motors Co, and those turning to partnerships with suppliers to spread the costs.

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