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This Is The Surprising Project Ford and Google Are Working On Together

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Ford and Google may be teaming up next year to build self-driving cars.

Yahoo Auto, citing three anonymous sources, reported that Ford will announce the joint venture at the Consumer Electronics Show in January 2016. Neither company would comment to Yahoo on the venture.

The partnership would be mutually beneficial to the companies— Ford would get a boost in self-driving software development, while Google would save billions of dollars by using Ford’s cars instead of building its own.

Yahoo Auto said the deal is likely non-exclusive, and that Google has been talking to other car companies about using its self-driving software.

[Yahoo Auto]

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Write to Tessa Berenson at tessa.Rogers@time.com