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Waymo Expands Autonomous Driving in Europe with Allianz Partners
WHY IT MATTERS
This partnership will facilitate Waymo's commercial expansion in Europe, potentially paving the way for widespread adoption of autonomous driving technology on the continent.
What happened
Waymo, a leading autonomous driving technology company, has partnered with Allianz Partners to establish a risk and insurance foundation in Europe. This move marks a significant step in Waymo's commercial expansion in the region.
The partnership aims to create a robust ecosystem of trusted, local partners, crucial for bringing autonomous driving technology to new regions. Waymo has gained valuable experience operating a commercial rider-only service in the US, serving over half a million paid trips weekly.
This expertise will be applied to the European market, where Waymo plans to expand its operations. The partnership with Allianz Partners will help Waymo navigate the complexities of risk and insurance in Europe, enabling the company to focus on its core technology development.
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PRIMARY SOURCES
Building Waymo’s Risk & Insurance Foundation in Europe with Allianz Partners
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