# 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.

- Type: Partnership
- Announced: 2017-05-03
- Where: Gothenburg, Sweden, Sweden
- Value: $125.0M
- Jobs: 300
- Status: completed
- Products: ADAS, autonomous driving technologies
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Zenuity](https://endata.com/companies/24025.md)
- [Autoliv](https://endata.com/companies/7611.md) (partner)
- [Volvo Cars](https://endata.com/companies/21173.md) (partner)

## Sources

- [rcrwireless.com](https://rcrwireless.com/20170503/connected-cars-2/20170502connected-cars-2autonomous-driving-volvo-joint-venture-tag23), 2017-05-03: "Zenuity will enable us to deliver world leading, robust solutions for autonomous driving."

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