June 10, 2019 / 5:02 AM / 2 months ago

Aurora partners with Fiat Chrysler over self-driving tech

SAN FRANCISCO, June 9 (Reuters) - Self-driving car software startup Aurora said on Sunday it would partner with Fiat Chrysler to build autonomous platforms for commercial vehicles, the latest collaboration with an automaker for the fast-growing Silicon Valley company.

The deal with one of the Big Three will expand Aurora's scope, "allowing us to offer a variety of solutions to strategic customers in logistics, transit and other use cases," the Palo Alto, California-based company said in a brief statement.

Besides for ride hailing fleets, automakers and others are interested in self-driving technology for commercial applications, such as delivery vans.

Financial terms were not disclosed.

Aurora already has partnerships with Volkswagen AG , Hyundai Motor Co and China's Byton to develop and test self-driving systems for a range of applications for automakers, fleet owners and others.

The company is among dozens of startups, automakers and large technology companies working on self-driving car systems, eager to capitalize on a sea change in the transportation industry brought by developments in machine learning.

Fiat Chrysler has an existing partnership with Waymo, Alphabet's self-driving unit, in which it supplies Chrysler Pacifica hybrid minivans for Waymo's driverless fleet, which is currently in operation in Arizona.

In February, Aurora said it had raised $530 million in new funding. (Reporting by Alexandria Sage Editing by Sonya Hepinstall)

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