Author: tressas4733

Volkswagen to strengthen regional development competence for autonomous driving in China through joint venture between CARIAD and Horizon Robotics

WEBWIRE – Thursday, October 13, 2022 Partnership to help Volkswagen Group to speed up customization of automated driving solutions for the Chinese market As part of the cooperation, CARIAD and Horizon Robotics intend to establish a joint venture in China, in which CARIAD will hold a majority stake of 60% Volkswagen Management Board Member Ralf Brandstätter: “Teaming up with Horizon Robotics will allow Volkswagen to accelerate the development of automated driving as part of our NEW AUTO strategy and drive the repositioning of our China business.” Volkswagen Group to invest in a cooperation with Horizon Robotics, a leading supplier of ... Read more