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Honda, Hitachi Automotive to develop, make electric vehicles

Japanese automaker Honda Motor Co. has signed a deal with Hitachi Automotive Systems to jointly develop, make and sell motors for electric vehicles, as the industry adapts to concerns over global warming and the environment.

Volvo, Autoliv form driverless car joint venture

Swedish automaker Volvo Cars will form a joint venture with car safety world leader Autoliv to develop software for driverless vehicles, the two companies said on Tuesday.

Volvo and Uber form driverless car venture

Sweden-based manufacturer Volvo Cars said on Thursday it would team up with ride-sharing service Uber in a $300 million (265 million euro) joint venture to develop driverless automobiles.

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