Volkswagen and Didi Chuxing Have Teamed Up on a New Self-Driving Venture

Volkswagen and Didi Chuxing Have Teamed Up on a New Self-Driving Venture

  • May 1, 2018
Table of Contents

Volkswagen and Didi Chuxing Have Teamed Up on a New Self-Driving Venture

By sharing data and technology, the two companies hope to produce autonomous cars. Although this is a lofty goal, Volkswagen has deep pockets. The world’s biggest automaker has 15 billion euros ($18.2 billion) dedicated for investments in ride-hailing, autonomous driving, digitalization, electric mobility, and other services in China by 2022.

Source: fortune.com

Share :
comments powered by Disqus

Related Posts

Velodyne invented modern lidar—it’s about to face real competition

Velodyne invented modern lidar—it’s about to face real competition

David Hall invented modern three-dimensional lidar more than a decade ago for use in the DARPA Grand Challenge competitions. His company, Velodyne, has dominated the market for self-driving car lidar ever since. Last year, Velodyne opened a factory that it said had the capacity to produce a million lidar units in 2018—far more than any other maker of high-end lidars.

Read More