{"id":7632,"date":"2019-06-04T09:37:28","date_gmt":"2019-06-04T16:37:28","guid":{"rendered":"https:\/\/blog-prod.qad.com\/blog\/?p=7632"},"modified":"2019-06-04T09:37:28","modified_gmt":"2019-06-04T16:37:28","slug":"its-silicon-valley-and-detroit-not-silicon-valley-vs-detroit-pt2","status":"publish","type":"post","link":"https:\/\/www.qad.com\/blog\/2019\/06\/its-silicon-valley-and-detroit-not-silicon-valley-vs-detroit-pt2","title":{"rendered":"It\u2019s Silicon Valley and Detroit, not Silicon Valley vs Detroit (Pt. II)"},"content":{"rendered":"

[vc_row][vc_column][vc_single_image image=”7633″ img_size=”full”][vc_column_text]In \u201c<\/span><\/i>It\u2019s Silicon Valley and Detroit, not Silicon Valley vs Detroit (Pt. I)<\/span><\/i><\/a>,\u201d we discussed some of the looming changes the automotive industry is facing today and what they mean for the industry going forward. In Part II, we will touch on the ways in which automotive players are addressing these changes through collaboration and the innovations that can stem from it.<\/span><\/i><\/p>\n

To accelerate the future of the automotive industry, some players have entered into an intense era of collaboration among carmakers, technology giants, software start-ups, research institutions, telecom providers, insurance companies, and others to develop and commercialize the technology, share risk and prepare the market. Examples include: <\/span><\/p>\n

BMW Consortium
\n<\/b>BMW has led the development of a very ambitious consortium of companies to leverage the cost associated with the development of a scalable platform for level 3 and level 4 autonomous vehicles. The consortium includes other car manufacturers, tech companies, and automotive suppliers, including BMW, Fiat Chrysler Automotive, Intel, Mobileye (Intel purchased Mobileye in 2017 for $15.2 billion), Aptiv, Continental, KPIT and TTTech.<\/span><\/p>\n

Waymo Partnerships
\n<\/b>Waymo partners with Fiat Chrysler Automotive (FCA), Jaguar Land Rover (JLR) and Magna. Waymo is the autonomous technology company that spun out of Google, and has established a partnership with FCA and JLR for ride-hailing services that started late last year. Furthermore, Waymo is joining forces with Magna to build a factory for self-driving cars in southeast Michigan; the first cars produced will be autonomous versions of the Chrysler Pacifica Hybrid minivan and Jaguar\u2019s I-PACE electric SUV.<\/span><\/p>\n

GM and Cruise Automation
\n<\/b>Cruise is a Silicon Valley start-up and driverless car company headquartered in San Francisco, California. Founded in 2013, Cruise tests and develops autonomous car technology. In March 2016, General Motors acquired Cruise for an undisclosed amount, although reports have placed the number “north of $1 billion.\u201d Since the acquisition of Cruise, the following strategic investments have been made:<\/span><\/p>\n