Autoliv and Volvo Cars launch Zenuity autonomous driving JV

Autoliv and Volvo Cars launched Zenuity, a 50/50 joint venture to develop ADAS and autonomous driving technologies, with Autoliv investing SEK 1.1 billion ($125 million). The JV is headquartered in Gothenburg, Sweden, with operations in Munich and Detroit, and started with 300 employees.

“Zenuity will enable us to deliver world leading, robust solutions for autonomous driving.”rcrwireless.com

• 1 source
• rcrwireless.comAutonomous driving a key area of focus for new Volvo joint ventureJuan Pedro TomásMay 3, 2017

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