Volkswagen to plough €2.4B into vehicle automation in China and form JV with Horizon Robotics

Volkswagen is accelerating the pace to automate its electric vehicles for Chinese customers. CARIAD, a wholly owned automotive software company of the German auto behemoth, intends to set up a joint venture with Horizon Robotics, one of China’s most serious auto chip developers, the company said on Thursday. The German automaker plans to deploy around … Continue reading Volkswagen to plough €2.4B into vehicle automation in China and form JV with Horizon Robotics