trending Market Intelligence /marketintelligence/en/news-insights/trending/P1ENfbzuZX76oQUicyP54Q2 content esgSubNav
In This List

Report: Alphabet's Waymo seeks external investors

Blog

Insight Weekly: Recession risk persists; Banks pull back from crypto; 2022 laggard stocks rally

Blog

Highlighting the Top Regional Aftermarket Research Brokers by Sector Coverage

Blog

Insight Weekly: Inflation eases; bank M&A slows; top companies boost market share

Blog

Insight Weekly: PE firms shift strategies; bank earnings kick off; bankruptcies plummet


Report: Alphabet's Waymo seeks external investors

Alphabet Inc.'s self-driving unit Waymo LLC wants outside investors such as Volkswagen AG to finance the company, tech industry website The Information reported March 11, citing a directly informed source.

According to the report, Fiat Chrysler Automobiles NV and Jaguar Land Rover Ltd., which already produce cars for Waymo, are also seen as potential investors.

Alphabet did not immediately respond to a request for comment from S&P Global Market Intelligence.

In February, the automotive alliance of Renault SA, Nissan Motor Co. Ltd. and Mitsubishi Motors Corp. denied reports that it plans to collaborate with Waymo on an autonomous car project.