Zenuity, the joint venture between Volvo Cars and Autoliv, has started operations. Zenuity is a new entrant in the autonomous driving software systems market, and this venture marks the first time a premium car maker has joined forces with a Tier One supplier to develop advanced driver-assist systems (ADAS) and autonomous driving (AD) technologies.
“Volvo Cars combined its know-how with Autoliv’s to create a world leader in autonomous driving safety systems. With Zenuity starting operations, we move a step closer to delivering this exciting technology,” said Håkan Samuelsson, president and CEO of Volvo Cars.
“In the past nine months, we have worked hard to get Zenuity started and I am very pleased that we are now ready to start operations. The initial interest from automakers in Zenuity is very encouraging and we look forward to being a leader in the development of the next generation of safer and more automated cars,” said Dennis Nobelius, CEO of Zenuity.