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Delphi Will Acquire nuTonomy in Latest Autonomous Push

Two developers of autonomous technology, Delphi and nuTonomy have joined forces. Delphi will acquire the Boston company nuTonomy for $450 million dollars. This creates a workforce of 200 employees to develop autonomous driving with a target date of 2019. Delphi is already partnered with BMW, Intel, Mobileye, and Fiat Chrysler. In 2015 Delphi also acquired Ottomatika, another software provider for robotic vehicles. Delphi asserts they are the most competent in the industry and that the deal will close by end of year.

Key Takeaways:

  • In the realm of autonomous technology, Delphi and nuTonomy already had a lot in common. Both established pilot projects involving automated cars in Boston and Singapore. Both believe the commercial-vehicle market holds more short-term promise for widespread deployment. Both have been searching for ways to reach that market faster.
  • Plans to deploy autonomous taxis in Singapore remain slated for 2021, but this partnership will allow Delphi to target initial deployments in other cities in “a 2019 timeframe,”
  • With General Motors acquiring Cruise Automation for $1 billion in early 2016 and Ford investing $1 billion in Argo AI earlier this year, the price tag seems like a comparative bargain for Delphi.

“Plans to deploy autonomous taxis in Singapore remain slated for 2021, but this partnership will allow Delphi to target initial deployments in other cities in “a 2019 timeframe,””

httpss://blog.caranddriver.com/delphi-will-acquire-nutonomy-in-latest-autonomous-push/