# 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.

- Type: Partnership
- Announced: 2022-10-13
- Where: China
- Status: announced
- Products: ADAS, autonomous driving systems, computing solutions for smart vehicles
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [Volkswagen](https://endata.com/companies/533.md) (investor)
- [Horizon Robotics](https://endata.com/companies/54671.md) (partner)
- [Cariad](https://endata.com/companies/64505.md) (partner)

## Sources

- [volkswagen-group.com](https://www.volkswagen-group.com/en/press-releases/volkswagen-to-strengthen-regional-development-competence-for-autonomous-driving-in-china-through-joint-venture-between-cariad-and-horizon-robotics-16562), 2022-10-13: "CARIAD and Horizon Robotics intend to establish a joint venture in China, in which CARIAD will hold a majority stake of 60%."

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