Volvo Cars join hands with Autoliv team for developing autonomous driving software

By SiliconIndia   |   Friday, 09 September 2016, 06:21 Hrs
17
cmt right
22
Comment Right
30
cmt right
8
cmt right
Printer Print Email Email




BENGALURU: In a latest statement made it was announced that Volvo Cars has collaborated with Autoliv team to create a jointly-owned company. The main motive behind this partnership is to develop autonomous driving software for Volvo cars. Chinese-owned Volvo Cars and Sweden-based automotive safety group Autoliv said on Tuesday that the name of this new firm has not been yet decided, but it would be developing advanced driver assistance systems and autonomous driving systems.



Jan Carlson, CEO, Autoliv informed in a joint statement informed that this collaboration was a recognition that the next step that needs to be taken in transforming road safety is an autonomous driving software, and this is a major step towards that trend. The company is all set to start its operations early next year with an initial workforce of 200, and slowly will increase the human resource as they go along.



Earlier this year in August, an announcement had come from the Volvo Cars firm that it would be teaming up with ride-sharing company Uber in order to develop next-generation driverless cars. The project was reportedly worth $300 million as printed by The Times Of India. All these developments have come after Volvo Cars Group was acquired by Geely Holding.



With all these new projects and collaborations, the automobile space is indeed to disrupt soon.



Read Also:
Toyota To Introduce New Safety Features In Future Vehicles
Bajaj Pulsar VS400 to Be Launched Soon



SPOTLIGHT
Enterprise IT
PayByPhone, the global leader in mobile parking payments, today announced that it will appoint And..
Finance
The Department of Telecommunications (DoT) in consultation with the Finance Ministry plans to spli..
Entertainment
First things first. "Made In Heaven" is the sexiest webseries India has produced, no doubt about i..
Startup City
India Accelerator, a GAN partnered, mentorship-driven, acceleration program hosted ‘The Inner Ci..
US Indian
An Indian-American teenager has been conferred with the 2019 National STEM (Science, Technolog..
Business
Hinduja Global Solutions here on Monday said it has set up a centre of excellence to train disable..
Career
IIT Roorkee organized an MoU exchanging ceremony between the Govt. of India Department of Scie..
Technology
Facebook ruled out a cyber attack on its products Whatsapp, Instagram and Messenger, which suffere..
Gadgets
Chipset-making giant Qualcomm has listed chipsets such as Snapdragon 855, 845, 710, 675 and 67..