Automotive and Transportation Autonomous Vehicle Market Research Report | Page 4

Autonomous Vehicle Market
For instance, in 2016, General Motors capitalized $500 million in Lyft Inc., an on-demand transportation
company based in the U.S., to expand its research and development (R&D) with Honda Motor Company Ltd.,
Volkswagen AG, and Mobileye Vision Technologies Ltd. Similarly, in 2016, Toyota Motor Corporation also
prolonged its five-year telematics partnership with Microsoft Corporation and invested $1 billion into its R&D.
Major automakers in the global autonomous vehicle market are General Motors, Ford Motor Company, Nissan
Motor Company Ltd., Toyota Motor Corporation, Bayerische Motoren Werke AG (BMW), and Volkswagen AG.;
and the major technology providers are Google Inc, Intel Corporation, and Apple Inc.
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