Honda Motor Co. will invest $2 billion and take a 5.7 percent stake in General Motors’ Cruise self-driving vehicle unit, extending cooperation between the two automakers in a technology that has enormous costs and risk but no market-ready products.

Honda, which has lagged behind many of its rivals in developing self-driving vehicles, is paying $750 million upfront for the minority stake in Cruise and will invest another $2 billion over 12 years, the companies said on Wednesday. Honda, GM and Cruise will jointly develop self-driving vehicles for deployment in ride services fleets around the world.

In May, Japan’s SoftBank said it would buy a 19.6 percent stake in Cruise for $2.25 billion.

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