ECARX takes 15% stake in Volvo Cars subsidiary Zenseact; autonomous driving technology collaboration in China

Green Car Congress
By mmillikinJul 15, 2021, 5:00 am541 ptsHotTop
Volvo Cars announced its autonomous driving (AD) software development subsidiary Zenseact has received a strategic investment by ECARX, a privately-owned Chinese provider of connected car technology. ECARX will take a 15% shareholding in Zenseact and make a strategic investment in the company’s continued…

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