Veoneer and Volvo Cars to split Zenuity joint venture

Veoneer and Volvo Cars have agreed in principle to split their 50/50 joint venture Zenuity. Veoneer will take over the ADAS software business, while Volvo Cars will set up a new company for unsupervised autonomous drive software.

“The split will allow Veoneer to more effectively drive our business strategy.”veoneer.com

• 1 source
• veoneer.comVeoneer and Volvo Cars to split joint venture to pursue separate ADAS and autonomous driving strategies | VeoneerApr 2, 2020

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