Honda teams with GM to produce autonomous vehicles
This week, Honda that announced that it is purchasing a stake in GM's autonomous vehicle subsidiary Cruise. It's part of a larger plan for the Japanese and American vehicle manufacturers to work together in order to develop and produce an autonomous vehicle. The deal will give Honda a stake in Cruise, with a $2.75 billion investment over the next 12 years. The first installment of $750 million will be paid immediately. The goal is to build an autonomous vehicle that can be mass produced and easily be adapted to multiple use cases.
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