Volkswagen's CARIAD and Horizon Robotics to form joint venture for autonomous driving in China

Volkswagen Group's software company CARIAD and Horizon Robotics intend to establish a joint venture in China, with CARIAD holding a 60% majority stake, to develop ADAS and autonomous driving solutions for the Chinese market. Volkswagen Group will invest in the cooperation.

“CARIAD and Horizon Robotics intend to establish a joint venture in China, in which CARIAD will hold a majority stake of 60%.”volkswagen-group.com

• 1 source
• volkswagen-group.comVolkswagen to strengthen regional development competence for autonomous driving in China through joint venture between CARIAD and Horizon Robotics | Volkswagen GroupOct 13, 2022

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