Carmakers take the Valley
By Michal Lev-Ram, writer @FortuneMagazine April 11, 2013: 6:59 AM ET
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(Fortune)
In February, Franco-Japanese car behemoth Renault-Nissan opened a new, 26,000-square-foot research center in, of all places, Sunnyvale, Calif. It turns out that it is joining a long list of auto companies that have recently opened or expanded R&D shops in Silicon Valley. The Bay Area's pool of technical talent has long attracted outside industries. But recent advances in Internet-enabled cars, electric vehicles, and driverless automobiles -- not to mention local firms Google and Tesla -- are fueling automotive innovation here.
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