Renault and Nissan agree to explore driverless services partnership with Waymo in France and Japan

DETROIT/PARIS - French automaker Renault SA, its partner Nissan Motor Co. and tech giant Alphabet Inc.'s Waymo have agreed to assess the feasibility of a partnership to develop and use self-driving vehicles to transport people and goods in France and Japan, the companies said on Thursday. The potential venture could also be expanded to other markets, the companies said. If the partnership is realized, it will have ramifications for other alliances and other self-driving projects, most of which have yet to hit the road. Automakers across the world are rethinking independent autonomous vehicle efforts, and are instead looking for partners to share rising investment costs and regulatory risks. A potential competitor to a Renault-Nissan-Waymo venture in Japan would be Monet Technologies, a self-driving project involving Toyota Motor Corp. and Honda Motor Co. backed by SoftBank Group Corp. SoftBank and Honda have also invested in General Motors Co.'s Cruise self-driving car unit.