Volvo, Autoliv to form JV for autonomous driving software
JV scheduled to commence operations beginning next year
Volvo Cars and Autoliv have announced that they have signed a letter of intent (LoI) with regards to setting up a new joint venture (JV) to develop "next generation autonomous driving software". The new JV company will have its headquarters in Gothenburg (Sweden) when operations are expected to begin at the start of 2017.
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