Technology and Car Companies Are More Intertwined Than Ever

By Alex WebbAlex Webb and Chloe WhiteakerChloe Whiteaker
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The line between the technology and automotive industries is blurring. The rise of rideshare companies such as Uber and Lyft means that transportation is being tied ever more closely to your cell phone, while autonomous driving technology is turning your car into a computer. But these developments are expensive: Carmakers’ R&D budgets almost doubled to $89 billion between 2006 and 2016.

Fiat Chrysler Chief Executive Officer Sergio Marchionne thinks it's ‘nonsensical’ for carmakers to spend billions of dollars developing competing yet largely identical systems. To share some of the risk—and the cost—the incumbent automotive giants and their would-be disruptors are teaming up in an ever-growing, ever more complex series of alliances.

Fiat Chrysler, for instance, has paired up with Google to develop 600 self-driving minivans, while Uber is teaming up with Volvo and Mercedes-Benz parent Daimler. Google has, in turn, invested in Uber, as have Toyota, Microsoft and Tata, owner of Jaguar Land Rover. General Motors has invested in Lyft, whose partnership with Didi is now in question after the Chinese company made a series of deals with Apple and Uber. Ford has been spending to catch up with competitors, throwing money at a series of startups to add to Chairman Bill Ford's investment in Lyft.

Acquisitions

Acquirer

Acquired

Otto

Uber

Bing Maps

GM bought Cruise Automation for $1B.

Cruise

Automation

GM

Sidecar

Uber China

Didi

Argo

Ford

SAIPS

Chariot

Paycash

Europe

Car2Go

RideScout

Daimler

TaxiBeat

VW, BMW, and Daimler partnered to buy Nokia’s HERE maps.

MyTaxi

Hailo

Athlon Car

Lease Int’l

BMW

Nokia HERE

Paypoint

VW

Mobileye

Intel

Harman Int’l

Samsung

Sylpheo

Renault-Nissan

Karhoo

Investments

Investor

Recipient

DriveNow

Scoop

BMW

Skurt

Nauto

Toyota

Getaround

Tata

Uber

Microsoft

Uber and Didi have invested in each other after teaming up in China.

Google

Apple invested

$1B in Didi.

Apple

Didi

Baidu and Ford each invested $75M in Velodyne Lidar.

Baidu

Velodyne

Lidar

Ford

Civil Maps

Lyft

GM

GM invested $500M in Lyft.

Starship

Technologies

Tiramizoo

Daimler

Flixmobility

Quanergy

Samsung

Valens

Delphi

Otonomo

Silvercar

Gett

VW

Mobvoi

VW invested

$300M in taxi-hailing

company, Gett.

DFKI

Bosch

Tetravue

Honda

Grab

Communauto

Koolicar

Peugeot

TravelerCar

Autobutler

Partnerships

Uber

Volvo

Uber has a $300M joint venture with Volvo to develop a fully autonomous car by 2021. It’s also partnered with Daimler to build autonomous cars.

Daimler and Matternet have a joint venture to make drones.

Matternet

Daimler, VW and BMW partnered

to buy Nokia HERE.

Daimler

VW

BMW

Intel

Mobileye

Delphi

Renault-Nissan

Baidu, NavInfo, AutoNavi and Bosch partnered to provide real-time maps for autonomous driving in China

Baidu

NavInfo

AutoNavi

Bosch

Nirenberg

Neuroscience

Ford

Lyft

Didi

Fiat Chrysler

Google

Peugeot

nuTonomy

Acquisitions

Acquirer

Acquired

Otto

Uber

Bing Maps

Cruise

Automation

GM bought Cruise

Automation

for $1B.

GM

Sidecar

Uber China

Didi

Argo

Ford

SAIPS

Chariot

Paycash

Europe

Car2Go

RideScout

Daimler

TaxiBeat

MyTaxi

Hailo

Athlon Car

Lease Int’l

BMW, VW and Daimler partnered to buy Nokia’s HERE maps.

Nokia HERE

BMW

Paypoint

VW

Mobileye

Intel

Harman Int’l

Samsung

Sylpheo

Renault-Nissan

Karhoo

Investments

Investor

Recipient

DriveNow

Scoop

BMW

Skurt

Nauto

Toyota

Getaround

Tata

Uber and Didi have invested in each other after teaming up in China.

Uber

Microsoft

Google

Apple invested

$1B in Didi.

Didi

Apple

Baidu

Baidu and Ford each invested $75M in

Velodyne Lidar.

Velodyne

Lidar

Ford

Civil Maps

Lyft

GM invested $500M in Lyft.

GM

Starship

Technologies

Tiramizoo

Daimler

Flixmobility

Samsung

Quanergy

Delphi

Valens

Otonomo

Silvercar

Gett

VW invested

$300M in taxi-

hailing company, Gett.

VW

Mobvoi

DFKI

Bosch

Tetravue

Honda

Grab

Communauto

Koolicar

Peugeot

TravelerCar

Autobutler

Partnerships

Uber has a $300M joint venture with Volvo to develop a fully autonomous car by 2021.

Uber and Daimler partnered to build autonomous cars.

Uber

Volvo

Matternet

Daimler and Matternet have a joint venture to make drones.

Daimler

Daimler, VW and BMW partnered to buy Nokia HERE.

VW

BMW

Intel

Mobileye

Delphi

Renault-Nissan

Baidu, NavInfo, AutoNavi and Bosch partnered to provide real- time maps for autonomous driving in China.

Baidu

NavInfo

AutoNavi

Bosch

Nirenberg

Neuroscience

Ford

Lyft

Didi

Fiat Chrysler

Google

Peugeot

nuTonomy

Investment

Partnership

Personnel move

Getaround

Fiat Chrysler

Tata

Toyota

Volvo

Microsoft

Google

Nauto

Honda

In talks

Uber

Grab

Uber and Didi invested in each other after teaming up in China.

Volvo and Uber have a $300M joint venture to develop a fully autonomous car by 2021.

Otto

Bing Maps

GM invested $500M in Lyft and bought Cruise Automation for $1B.

Ford and Baidu each invested $75M in

Velodyne Lidar.

Baidu

Lyft

Ford

Velodyne

Lidar

GM

Argo

Cruise

Automation

Nirenberg

Neuroscience

NavInfo

SAIPS

Didi

AutoNavi

Chariot

Sidecar

Uber China

Civil Maps

Bosch

Ford is among five investors who provided $6.6M in seed funding for Civil Maps.

Daimler and Uber partnered to build autonomous cars.

Apple

Tetravue

Apple invested $1B in Chinese ride-hailing company Didi, which partners with Lyft.

Daimler and Matternet have a joint venture to make drones.

Matternet

BMW

VW

Intel

Daimler

Mobileye

Paycash

Europe

Starship

Technologies

Paypoint

Skurt

Scoop

Car2Go

Tiramizoo

Silvercar

Renault-Nissan

DriveNow

RideScout

Flixmobility

Gett

Sylpheo

TaxiBeat

Quanergy

Mobvoi

Delphi

Karhoo

MyTaxi

DFKI

Hailo

Valens

VW owns a stake in the German Research Center for Artificial Intelligence (DFKI) and invested $300M in taxi-hailing

company, Gett.

Samsung

Otonomo

Athlon Car

Lease Int’l

Harman Int’l

Communauto

Peugeot

Koolicar

VW, BMW, and Daimler partnered to buy Nokia’s HERE maps.

TravelerCar

Autobutler

nuTonomy

Nokia HERE

Investment

Personnel move

Partnership

Getaround

Fiat Chrysler

Tata

Toyota

Volvo

Microsoft

Google

Nauto

Honda

In talks

Uber

Grab

Uber and Didi invested in each other after teaming up in China.

Volvo and Uber have a $300M

joint venture to develop a fully

autonomous car by 2021.

Otto

Bing Maps

GM invested

$500M in Lyft

and bought Cruise

Automation for $1B.

Ford and Baidu each invested $75M in Velodyne Lidar.

Baidu

Lyft

Velodyne

Lidar

Ford

GM

Argo

Cruise

Automation

NavInfo

Nirenberg

Neuroscience

SAIPS

AutoNavi

Didi

Sidecar

Chariot

Uber China

Civil Maps

Bosch

Ford is among five investors who

provided $6.6M in seed funding for Civil Maps.

Daimler and Uber partnered to build autonomous cars.

Tetravue

Apple

Apple invested $1B in Chinese ride-hailing company Didi, which partners with Lyft.

Daimler and Matternet have a joint venture to make drones.

Matternet

BMW

VW

Intel

Daimler

Mobileye

Starship

Technologies

Paycash

Europe

Paypoint

Skurt

Car2Go

Tiramizoo

Scoop

Silvercar

Renault-Nissan

RideScout

Flixmobility

DriveNow

Gett

Sylpheo

TaxiBeat

Quanergy

Mobvoi

Karhoo

MyTaxi

Delphi

DFKI

Hailo

VW owns a stake in the German Research Center for Artificial Intelligence (DFKI) and invested $300M in taxi-hailing company, Gett.

Valens

Samsung

Athlon Car

Lease Int’l

Otonomo

Harman Int’l

Communauto

Peugeot

VW, BMW, and Daimler partnered to buy Nokia’s HERE maps.

Koolicar

TravelerCar

Autobutler

nuTonomy

Nokia HERE