# Autoliv and Volvo Cars form autonomous driving JV Zenuity

Autoliv and Volvo Cars signed a final agreement to form a 50/50 joint venture named Zenuity, to develop software for autonomous driving and driver assistance systems, with Autoliv investing around 1.1 billion SEK.

- Type: Partnership
- Announced: 2017-01-03
- Where: Gothenburg, Sweden; Munich, Germany; Detroit, USA, Sweden
- Value: $120.0M (1.10B SEK)
- Jobs: 200
- Status: announced
- Products: autonomous driving software, driver assistance systems
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Autoliv](https://endata.com/companies/7611.md) (partner)
- [Volvo Cars](https://endata.com/companies/21173.md) (partner)

## Sources

- [autoliv.com](https://www.autoliv.com/press/autoliv-and-volvo-cars-sign-final-agreement-form-joint-venture-1456600), 2017-01-03: "Autoliv, Inc. and Volvo Cars, the premium car maker, have signed a final agreement regarding the formation of a joint venture to develop software for autonomous driving and driver assistance systems."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.