Sony Also Has Interest in Automotives

Recently, technology companies are showing great interest in Auto market. Google has been working quite hard on its Self-driving car project. After working hard for few years they have even managed make a prototype which is up and running. They have achieved so much even before the stating of the competition. Now, it seems Japanese electronics giant Sony also wants to join the race and take a step in automotives. It has been reported that Sony is partnering with ZMP, a Start up working on Self-driving cars and Sony is even ready to invest 100 million Yen in the Start up company. 100 million yen are roughly equal to $840,000 and with this investment Sony will be able to buy 2% stake in ZMP.

Both companies will use their specific set of skills to develop self-driving car technologies. ZMP’s robotics experience and Sony’s image sensors experience to create the perfect technology. Apple is also expected to join the race and it has been reported that they are hiring new talent to work on this new secret project.