It comes after Alphabet CEO Sundar Pichai said the company is exploring personal ownership of vehicles with Waymo technology.

Waymo and Toyota have agreed to explore a possible deal that could one day lead to a new vehicle designed for ride-hailing and even bring self-driving

Toyota Motor and Alphabet's Waymo said on Wednesday they have agreed to explore a collaboration on speeding up the development and deployment of autonomous driving technology. The two companies in a joint statement said they aim to combine respective strengths to develop an autonomous vehicle platform,