SEOUL, Sept 19 (Reuters) - Alphabet's Waymo is
in talks with South Korea's Hyundai Motor ( HYMTF ) to
outsource manufacturing of its self-driving vehicles, South
Korean newspaper, Electronic Times, reported.
Officials at Waymo and Hyundai Motor ( HYMTF ) have met more than
three times to discuss a plan to use Hyundai's Ioniq 5 electric
vehicles for Waymo's sixth-generation self-driving technology,
the report said, adding that the vehicles would replace the
offerings from China's Zeekr, which Waymo is currently testing.
The report came as President Joe Biden's administration last
week locked in steep tariff hikes on Chinese imports, including
a 100% duty on electric vehicles, which will take effect on
Sept. 27.
Regarding the media report, Waymo said in a statement to
Reuters: "We'll decline to comment on speculation, but I can
share that we are hard at work validating the 6th-generation
Waymo Driver on the Zeekr platform and intend to introduce it
into our fleet when ready."
Hyundai Motor Group said "nothing is determined at this
stage about new businesses," referring to its plan to sell its
vehicle platform to self-driving technology companies.
Motional, a self-driving technology unit of Hyundai Motor
Group, earlier this year delayed plans to launch a robotaxi
service with its next-generation Hyundai Ioniq 5 robotaxis until
2026 as it laid off hundreds of workers in the United States,
TechCrunch reported in May.
Waymo has purchased vehicles from Stellantis ( STLA ) and
Jaguar Land Rover and integrated its technology into the base
vehicles to offer autonomous ride-hailing services in Phoenix,
San Francisco and Los Angeles.
Waymo is also testing vehicles from Zeekr equipped with its
next-generation technology. Zeekr is the electric car brand of
China's Geely Automobile Holdings.
Alphabet said in July that it planned a $5 billion
investment in Waymo over a multi-year period, as the company is
expanding its autonomous ride-hailing service areas.
(Reporting by Hyunjoo Jin, Heekyong Yang in Seoul and Abhirup
Roy in San Francisco)