# Continental and Horizon Robotics form joint venture for automotive AI

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.

- Type: Acquisition
- Announced: 2021-10-01
- Where: Jiading District, Shanghai, China
- Jobs: 200
- Status: announced
- Products: smart cameras, control units for ADAS, automated driving systems
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Continental](https://endata.com/companies/925.md)
- [Horizon Robotics](https://endata.com/companies/54671.md) (partner)

## Sources

- [auto.economictimes.indiatimes.com](https://auto.economictimes.indiatimes.com/news/auto-technology/continental-forms-jv-with-horizon-robotics-to-commercialize-automotive-ai-technology/86674668), 2021-10-01: "Continental and Horizon Robotics are establishing a Joint Venture to accelerate the development to commercialize automotive AI technology."

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