Volvo Cars and Autoliv JV to develop autonomous driving software

Automaker Volvo Cars and automotive safety systems supplier Autoliv are to set up a new jointly owned company to develop next-generation autonomous driving software. The planned new company will have its headquarters in Gothenburg, Sweden, and an initial workforce taken from both companies of around 200, increasing to more than 600 in the medium term. The company is expected to start operations in the beginning of 2017.
September 8, 2016 Read time: 2 mins

Automaker 7192 Volvo Cars and automotive safety systems supplier 4171 Autoliv are to set up a new jointly owned company to develop next-generation autonomous driving software.

The planned new company will have its headquarters in Gothenburg, Sweden, and an initial workforce taken from both companies of around 200, increasing to more than 600 in the medium term. The company is expected to start operations in the beginning of 2017.

The joint venture will create a new entrant in the growing global market for autonomous driving software systems. It marks the first time a leading premium car maker has joined forces with a tier-one supplier to develop new ADAS and AD technologies.

The new company, which has yet to be named, will develop advanced driver-assistance systems (ADAS) and autonomous drive (AD) systems for use in Volvo cars and for sale exclusively by Autoliv to all car makers globally, with revenues shared by both companies.

The joint venture will bring together two global leaders in automotive safety, underlining the contribution ADAS and AD can make to road safety, and speeding up the development and introduction of fully autonomous cars.

Both Autoliv and Volvo Cars will licence and transfer the intellectual property for their ADAS systems to the joint venture. From this base, the company will develop new ADAS technologies and AD systems. It expects to have its first ADAS products available for sale by 2019, with AD technologies available by 2021.

Location Based Systems

For more information on companies in this article

Related Content

  • EETS: still struggling to become reality
    December 4, 2013
    Erich Erker, Norbert Schindler, Peter Tschulik from Siemens Electronic Tolling examine the barriers to EETS deployment. Tolling in Europe was introduced to pay for the construction and operation of individual tunnels, bridges and highways and has evolved in major steps. The original manual tolling systems were highly disruptive to traffic flow and required the creation of large toll plazas, with multiple lanes and toll booths to ensure an acceptable throughput. With the introduction of Dedicated Short Range
    Read More
  • The benefits of Lidar
    March 21, 2022

    While Lidar is gaining ground in the ITS industry, it has not yet reached the level of mass adoption where it shows up frequently in requests for proposals (RFPs) from cities and DoTs.

    Read More
  • Joining old and new in Canada’s Highway 407
    June 17, 2016
    David Arminas visits Canada’s Highway 407 ETR to see how the concession is working and hear about new arrangements for the roadway’s extension. The Toronto region is North America’s eighth largest metropolitan area and its roads become notoriously congested. In 1997 Highway 407, a 68km concrete toll motorway which skirts the northern edge of Toronto, was opened and initially operated by the province and CHIC - a consortium of four leading Ontario-based companies. Finance came from the Ontario Financing Auth
    Read More
  • Trimble and Qualcomm to improve positioning for connected cars
    November 4, 2019
    Trimble has joined forces with Qualcomm Technologies to deliver a solution for maintaining absolute in-lane positioning in connected vehicles.
    Read More

Highlighted Content