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Avis and Alphabet will team up on self-driving cars — and Avis shares are soaring

June 27, 2017

Via: CNBC
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Alphabet and Avis Budget will work together on self-driving cars, the companies announced on Monday.

Alphabet’s self-driving car company, Waymo, will rely on Avis to service and store its fleet of Chrysler self-driving vans, the companies said in a statement. Most of the 600 vehicles will be deployed, in part to support a pilot in Phoenix, Arizona.

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