Photo credit: Volvo

Swedish automaker Volvo has teamed up with Alphabet’s Waymo for the development of self-driving technology. Waymo is now the exclusive L4 partner for Volvo, with both companies working together to implement Waymo’s self-driving tech on Volvo cars. Both companies made the partnership known via a recent press release. The press statement didn’t actually divulge many details about the partnership, primarily noting that Waymo is now the exclusive Level 4 self-driving tech partner for Volvo.

Volvo intends to use self-driving tech from Waymo to power an all-electric fleet of robotaxis. The Swedish automaker aims to debut an autonomous ride-hailing service in future time and has apparently seen Waymo as its best partner for that. Volvo isn’t the first automaker to see Waymo as a viable partner, with the Alphabet subsidiary having already partnered with other automakers such as Jaguar Land Rover and Fiat Chrysler. Waymo is known to be the global leader in self-driving technology, with its autonomous cars having collectively driven more than 20 million miles on real-world roads.

Volvo’s partnership with Waymo comes on the heels of the Alphabet subsidiary securing $3 billion in external funding from a group of investors.