The German automaker Volkswagen team up with Bosch to develop a new software for cars.
According to Reuters, VW’s software subsidiary Cariad and autos supplier Bosch are teaming up to develop software for automated driving to use in Volkswagen’s cars, the companies said in a joint statement on Tuesday.
Unfortunately the financial implication of the deal has not been revelled.
Using data from Volkswagen’s fleet, the partners will develop so-called Level 2 autonomous driving software – enabling hands-free driving in cities, rural areas and on the motorway – as well as a Level 3 system that takes over all driving functions on the motorway, reads the statement.
“Partnerships in software development are not unusual, once you have generated the relevant IP you can pursue your own paths,” said Cariad CEO Dirk Hilgenberg.
There’s a stiff competition in the software development market from other competitors.
Both Volkswagen and Bosch have bundled their software operations into single divisions to strengthen their offering in the face of competition primarily from Tesla, as well as companies like Alphabet increasingly venturing into the autos sector.
Both companies are expected to implement Level 2 software in Volkswagen vehicles from 2023.
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