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Lexus RX450h From Hertz Rented by Apple to Test Self-Driving Cars: Report

To est self-driving technology. Apple Inc is leasing a small fleet of cars from rental company Hertz Global Holdings Inc.

Reuters

Updated:June 28, 2017, 3:06 PM IST
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Lexus RX450h From Hertz Rented by Apple to Test Self-Driving Cars: Report
For representational purpose. (Image: Getty Images)
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Apple Inc is leasing a small fleet of cars from rental company Hertz Global Holdings Inc to test self-driving technology, Bloomberg reported.

Hertz shares were up 13.5 percent at $10.82, while shares of Apple were slightly down.

Apple is renting Lexus RX450h sport-utility vehicles from Hertz's Donlen fleet-management unit, according to the Bloomberg report, citing documents released recently by the California Department of Motor Vehicles.

The iPhone maker is concentrating on technology for self-driving cars, Chief Executive Tim Cook said earlier this month in an interview with Bloomberg.

Hertz declined to comment, while Apple did not immediately respond to a request for comment.

Alphabet Inc's self-driving car unit Waymo announced a similar partnership with Avis Budget Group Inc, earlier on Monday, to offer fleet support and maintenance services for its fleet of autonomous vehicles.
(Get detailed and live results of each and every seat of the state Assemblies in Madhya Pradesh, Rajasthan, Telangana, Chhattisgarh and Mizoram to know which candidate/party is leading or trailing and to know who has won and who has lost and by what margin. Our one-of-its-kind Election Analytics Centre lets you put on the psephologist's hat. Know interesting facts and trivia about the elections. Elections = News18)
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