ECARX takes 15% stake in Zenseact, plans AD collaboration in China

ECARX made a strategic investment in Zenseact, taking a 15% shareholding. The companies plan to collaborate on autonomous driving technology for the Chinese market.

“Volvo Cars today announced its autonomous driving (AD) software development subsidiary Zenseact has received a strategic investment by ECARX.”news.cision.com

• 1 source
• news.cision.comnews.cision.comJul 8, 2021

Summarized from public sources; check the original articles before acting on it.