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Continental signed a joint venture contract with Horizon Robotics to develop hardware and software solutions for ADAS and automated driving. Continental will be the majority shareholder, and the JV will be located in Jiading District, Shanghai, with about 200 employees.
“Continental and Horizon Robotics are establishing a Joint Venture to accelerate the development to commercialize automotive AI technology.”auto.economictimes.indiatimes.com
Summarized from public sources; check the original articles before acting on it.