December 21, 2016 / 10:07 PM / 7 months ago

Honda enters talks with Alphabet's Waymo on self-driving technology

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Dec 21 (Reuters) - Honda Motor Co Ltd's R&D unit said on Wednesday it has entered into formal talks with Alphabet Inc's Waymo to add self-driving technology to its vehicles.

Honda will initially provide vehicles modified to accommodate Waymo's self-driving technology which would join Waymo's existing fleet being tested across four cities in the United States.

Alphabet Inc's Google self-driving car project recently recast itself as Waymo to monetize the company's valuable research amid fierce competition from a score of rivals all vying to be the first to launch production-ready self-driving cars. (Reporting by Laharee Chatterjee; Editing by Shounak Dasgupta)

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