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>> A third sense about what's->> Honda Motors saying Wednesday it's in formal talks with Google's new self driving car tech company Waymo. Reuters reporter Alexandria Sage.>> The timing of this potential deal comes right on the heels of the announcement of Waymo itself, a independent unit within Alphabet’s Google.
And they said last week that they were going to strike partnerships with automakers and ride hailing companies and other companies in the space and try to finally monetize this research that its been developing for over seven years.>> Google has been clear that it isn't in the business of making cars itself but developing the technology for partners and it's aiming for 100% self driving cars and not a driver assistance type technology.
Honda also has been developing its own self driving technology. But Honda did say that it will continue its own efforts to develop self driving technology. In June, it showed reporters a self driving car in Northern California and said that it was developing that technology in house. Now, with this potential Google deal, or Waymo as it's called now, the Japanese automaker might be exploring more options, and it might find that down the line it's going to curtail its own Development of this very expensive software, and just go the Google route.
>> Earlier this year, Google teamed up with Fiat Chrysler to work together to integrate Google's self driving system into 100 of the carmakers minivans. Still the road to a self driving car future isn't around the block, as Google and other self driving technology companies still face regulatory hurdles ahead.