Volvo Cars will accelerate the development of autonomous technologiesApril 2, 2020
Zenuity, a company engaged in the development of auxiliary and autonomous control technologies, will be divided into two, which will maximize the development potential.
According to the Swedish automaker, part of the Zenuity team is a new separate company specializing in the development and commercialization of autonomous vehicle software, which will be owned by Volvo Cars. The second part will be engaged in the further development and commercialization of advanced driver assistance systems and will be integrated into Veoneer, a car safety equipment company.
Zenuity is currently a joint venture between Volvo Cars and Veoneer. In recent years, Zenuity Inders have developed a powerful software platform for advanced driver assistance and autonomous driving systems, which will now continue to evolve thanks to the efforts of two development teams.
Volvo Cars’ new Zenuity division will focus on developing unmanned vehicle software that will be deployed in next-generation vehicles based on Volvo SPA2 architecture. The new company will remain separate from Volvo Cars and will have its own distribution channels.
It is expected that the new company will begin its work in the third quarter of 2020.
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