# Ten automotive partners found joint venture Cofinity-X to boost Catena-X network

BASF, BMW Group, Henkel, Mercedes-Benz, SAP, Schaeffler, Siemens, T-Systems, Volkswagen and ZF jointly founded Cofinity-X to operate an open marketplace for applications and services enabling secure data exchange across the automotive value chain, initially focusing on Europe.

- Type: Partnership
- Announced: 2023-01-30
- Status: announced
- Products: data exchange services, automotive value chain applications
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [BASF](https://endata.com/companies/298.md) (partner)
- [Siemens](https://endata.com/companies/301.md) (partner)
- [Volkswagen](https://endata.com/companies/533.md) (partner)
- [Henkel](https://endata.com/companies/667.md) (partner)
- [Mercedes-Benz](https://endata.com/companies/1875.md) (partner)
- [Schaeffler](https://endata.com/companies/2238.md) (partner)
- [ZF](https://endata.com/companies/5885.md) (partner)
- [BMW](https://endata.com/companies/13009.md) (partner)
- [T-Systems](https://endata.com/companies/19851.md) (partner)
- [SAP](https://endata.com/companies/45429.md) (partner)

## Sources

- [basf.com](https://www.basf.com/global/en/media/news-releases/2023/01/p-23-119), 2023-01-30: "With the foundation of the joint venture Cofinity-X, ten partners of the automotive industry will further foster the adoption of the Catena-X network"

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