BMW says rivals are interested in joining forces on self-driving cars

FRANKFURT (Reuters) - BMW rivals and ride-hailing companies are considering joining its consortium for developing self-driving cars as auto industry profits come under increasing pressure, board member Klaus Froehlich said on Tuesday. Carmakers and ride-hailing companies have sought to build self-driving cars as a way to enter the business of smartphone-hailed robotaxis. However, they are entering a crowded field where the likes of Apple and Alphabet Inc have been pouring billions of dollars into cars that can drive themselves

The post BMW says rivals are interested in joining forces on self-driving cars appeared first on Firstpost.