With production delays and stay-at-home orders pressuring bottom lines, major automakers and suppliers are increasingly collaborating rather than competing. Using CB Insights’ Business Relationships data, we map out the complex web of self-driving tech partnerships.
Autonomous driving has been a significant challenge for major players in the mobility space.
Developing, building, and training driverless vehicles requires significant up-front investment, and the technology has yet to yield a profit.
Now, with production delays and stay-at-home orders pressuring the bottom lines of major automakers and suppliers, auto incumbents are increasingly looking at partnership opportunities to pool resources and minimize the financial burden associated with autonomous vehicle (AV) development.
Tech giants are also getting involved. Alphabet’s Waymo has been viewed as an industry leader given its tenure in the space, but Amazon has made notable moves of late, including its acquisition of Zoox in June 2020 and its investment in Aurora in February 2019.
We used CB Insights’ Business Relationship data to illustrate the dynamic web of partnerships underlying the autonomous vehicle ecosystem.
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