Continental to acquire minority stake in EasyMile
Two companies to collaborate in areas such as environmental sensors, braking systems and driving safety technologies
Continental will pick a minority stake in EasyMile SAS, a French start-up specializing in driverless shuttles, the Germany-based supplier announced in a press release on 4 July. Two companies have preferred to no disclose details of the investment. The completion of transaction is subjected to regulatory approvals by the relevant anti-trust authorities.
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