Waymo will buy a significant number of Ioniq 5s for their new platform. What does that mean for Zeekr and for Motional?

Waymo has its sights set on its next robotaxi: the Hyundai Ioniq 5. The Alphabet company announced that it was entering a “multi-year, strategic” partnership with the Hyundai Motor Group that will result in the Ioniq 5 eventually joining its robotaxi fleet.

Robotaxi firm Waymo will build its self-driving tech into the Ioniq 5. But what about its relationship with Chinese automaker Zeekr?

Hyundai Motor Company and Waymo have announced a multi-year, strategic partnership. In the first phase of this partnership, the companies will integrate Waymo's sixth-generation fully autonomous technology – the Waymo Driver – into Hyundai's all-electric IONIQ 5 SUV, which will be added to the Waymo One fleet over time.

Hyundai has agreed to make vehicles equipped with Waymo's self-driving car technology for use in Waymo's growing autonomous fleet. Why it matters: The partnership is a significant step toward broader commercialization of Waymo's technology.

Autonomous driving is advancing faster than you might think, and today Alphabet's (NASDAQ: GOOG) Waymo announced a new deal to have Hyundai build Waymo's cars. In this video, Travis Hoium breaks down why this makes sense and how General Motors (NYSE: GM) may have a slight cost advantage with a similar strategy.

Hyundai and Waymo have entered into a significant partnership aimed at integrating autonomous driving technology into Hyundai vehicles, a move that could reshape the future of transportation. This multi-year agreement will initially feature the sixth generation of Waymo's advanced driving system,