Veoneer, Volvo to Split Zenuity Software JV

Volvo Cars and auto tech supplier Veoneer will split their jointly-owned software venture Zenuity as the Swedish carmaker focuses on developing autonomous driving software, the two companies have announced. In parallel, Veoneer will integrate the current Zenuity business focused on ADAS software, while Volvo Cars will set up a new standalone company to take over…
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