The California-based autonomous ride-hailing vehicle developer’s management will continue to lead the team as a standalone business.

Waymo Driver will integrate into an all-new mobility-focused electric vehicle platform for ride-hailing services.

Penske Dash to operate a fleet of carsharing vehicles in Washington, DC, and Arlington, VA.

Funds raised by the five largest startups since 2009:

The company is expanding its testing operations in Austin in collaboration with Argo AI.

The experimental system using autonomous electric vehicles—three Renault ZOE Cab prototype cars and a Transdev-Lohr i-Cristal shuttle—will be progressively made available to a panel of users to evaluate the requirements for scaling up an autonomous mobility service.

The company is working with leading taxi operators to serve local residents and Chinese tourists.

The companies will establish five joint ventures: REACH NOW, CHARGE NOW, FREE NOW, PARK NOW, and SHARE NOW.

Regulatory approval on merger of mobility services marks milestone for joint venture.