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,
and
, the parent of
, are in talks about forming an alliance to jointly develop
driving technology and spreading the costs. Germany business monthly
Manager Magazin
, citing company sources,
that the suppliers
and
are also part of the talks, and that the alliance should remain open to other manufacturers and technology companies.
CEO Herbert Diess and
Development Board member Klaus Frohlich are the main characters behind the push, the publication reports, with high-level working groups assigned to hashing out the details and a March deadline identified for a decision on whether to move forward. The working groups are reportedly tackling questions such as which technology should be used as the basis and which roles each company would play in the alliance.
The companies see an alliance as a way to keep up with advances in
technologies in the U.S. and China. “If we combine our knowledge and technology, then we can even overtake Waymo,” the magazine quoted one of the participants in the talks as saying.
In related news, Germany’s
BMW and Daimler have been examining whether to cooperate on product development for
as a way to reduce the billions of dollars in expected development costs and establish a common industry standard. The publication also reports BMW and
are discussing co-developing a new platform for small cars to underpin the next-generation
and
.
Such a move could cut billions in costs, insiders tell
Handelsblatt
, but because both companies
of their compact cars, any new co-developed platform wouldn’t debut until at last 2025. It would also test the two companies’ deep-seated rivalry. But they are reportedly taking a cue from
and Volkswagen’s
recent announcement that they will share the costs
of developing commercial,
and self-driving vehicles as a sign of the times for automakers.
Information from Reuters was used in this report.
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