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6/19, 2:02 PM (Source: TeleTrader)
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Geely, Zenuity to partner on self-driving car software

Chinese carmaker Zhejiang Geely Holding Group Co. Ltd. has chosen Swedish driving software company Zenuity as its preferred supplier for autonomous and assisted driving software, the latter announced on Wednesday.

Zenuity, which was established two years ago as a joint venture between Geely's Volvo and Swedish technology company, Veoneer, will supply the Chinese company's brands with their own Advanced Driver Assistance Systems (ADAS) and Autonomous Drive (AD) cars and sell its technology to other automotive companies and mobility service providers. It also confirmed that it will provide software that will permit unsupervised driving for Volvo’s next generation cars. The collaboration between Zenuity and Veoneer will be revealed at an event hosted by the latter later in the day.

"Our ADAS functionality is already today operating in vehicles on the road and Zenuity is ideally placed to assist the industry in further developing ground-breaking technology towards AD. Our motivation is simple: increased autonomy in cars will save lives," said Zenuity CEO Dennis Nobelius.

Breaking the News / DZ