Waymo teams with Toyota for next-gen autonomous personally owned vehicles (POVs) to fight Tesla

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Waymo and Toyota have just announced that they're exploring a new autonomous vehicle platform and integrated Waymo's self-driving technology into new fleets of "personally owned vehicles" or POVs.

The two companies will combine their respective strengths to develop the new autoonmous vehicle platform, while at the same time Waymo and Toyota will explore how to use Waymo's autonomous technology and Toyota's vehicle expertise to "enhance next-generation personally owned vehicles (POVs).

In a press release released on Waymo's website, the company explains that Toyota has long advanced research and development in support of a zero-traffic-accident vision, guided by a 3-pillar approach that combines people, vehicles, and traffic infrastructure. The company notes that automated safety technologies play a central role, enhanced by the development and global deployment of Toyota Safety Sense (TSS).

TSS reflects Toyota's belief that technologies have the greatest impact when they are made widely accessible. Through this new collaboration, the companies aim to further accelerate the development and adoption of driver assistance and automated driving technologies for POVs, with a continued focus on safety and peace of mind.

Hiroki Nakajima, Member of the Board and Executive Vice President of Toyota Motor Corporation, emphasized the significance of this collaboration, stating: "Toyota is committed to realizing a society with zero traffic accidents and becoming a mobility company that delivers mobility for all. We share a strong sense of purpose and a common vision with Waymo in advancing safety through automated driving technology, and we are confident this collaboration can help bring our solutions to more people around the world, moving us one step closer to a zero-accident society. Our companies are taking an important step toward a future with greater safety and peace of mind for all".

Tekedra Mawakana, co-CEO at Waymo, also emphasized the impact of this collaboration, stating: "Waymo's mission is to be the world's most trusted driver. This requires global partners like Toyota that share our commitment to improving road safety and expanding accessible transportation. We look forward to exploring this strategic partnership, incorporating their vehicles into our ride-hailing fleet and bringing the magic of Waymo's autonomous driving technology to Toyota customers".