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Automakers building offices, facilities in the heart of Silicon Valley

More automakers are flocking to Silicon Valley, moving employees closer to technology.

Published Mon, Mar 30 2015 4:08 PM CDT   |   Updated Mon, Oct 19 2020 8:16 PM CDT

Automakers are embracing technology in vehicles, while creating lucrative partnerships with tech companies in Silicon Valley. Companies are interested in manufacturing smarter vehicles, and traditional auto companies don't want to be caught out in the emerging trend.

Automakers building offices, facilities in the heart of Silicon Valley | TweakTown.com

Software reportedly accounts for up to 25 percent of vehicle manufacturing now, according to the IHS Automotive industry researcher - and automakers are adding connected features at a fast pace.

"What happened with the mobile industry with the smartphone is about to happen with the car," said Jen-Hsun Huang, CEO of NVIDIA. "Your car is going to be one delightful computer rolling down the street."

Looking ahead, the emergence of self-driving features - and fully autonomous vehicles - also has created new partnership opportunities in Silicon Valley. Google, Apple, and other Silicon Valley companies want to spend more time and money researching vehicles, so automakers want to give them a helping hand.

NEWS SOURCE:wsj.com

An experienced tech journalist and marketing specialist, Michael joins TweakTown looking to cover everything from consumer electronics to enterprise cloud technology. A former Staff Writer at DailyTech, Michael is now the West Coast News Editor and will contribute news stories on a daily basis. In addition to contributing here, Michael also runs his own tech blog, AlamedaTech.com, while he looks to remain busy in the tech world.

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