Currently reading: Manufacturers embracing software in race for autonomy
Hyundai, Volkswagen and Sony Honda Mobility have all committed billions for mission-critical software development

The Volkswagen Group’s internal software development company, Cariad SE, has signed a deal with China’s Horizon Robotics, a leading developer of AI hardware and software. In addition to a US$1 billion investment into Horizon directly, Cariad will invest an additional US$1.26 billion to take a 60% stake in a new joint venture with Horizon.

This joint venture plans full stack development of both advanced driver assistance systems (ADAS) and autonomous driving (AD) software that will integrate numerous vehicle functions onto one chip, a system-on-chip design (SoC).

Register for free to access this article
+
Access to one additional free article every 90 days
Regular newsletters to help you get the facts fast
 

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Reset your password

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

A link has been emailed to you - check your inbox.



Don't have an account? Click here to register

Privacy Notice

Haymarket Media Group, publishers of Autocar Business, takes your privacy seriously. Our Automotive B2B brands and partners would like to keep you updated by email, phone and SMS with information and opportunities which we hope will help you in your work. Learn more about how we use your information when creating an online account. We believe we can demonstrate a legitimate interest in using your details for marketing messages, but if you do NOT wish to receive these messages, please click here.

I DON'T want messages from Autocar Business or other Automotive B2B brands via the following channels:
by email       by phone       by SMS

I DON'T WANT messages from you on behalf of your trusted partners via the following channels:     by email

We will use your information to ensure you receive messages that are relevant to you. You can unsubscribe at any time. Please see our Full Privacy Notice for more information.