• Volvo Cars and Veoneer completed divide of Zenuity

The story so far

Volvo Cars and Veoneer recently concluded a strategic review during which it was decided to divide Zenuity.

Our new Autonomous Drive company

Our new Autonomous Drive company (i.e. formerly part of Zenuity) will focus on software that over time will fundamentally change road safety. The new company, fully owned by Volvo Cars, will employ about 600 of the current 800 Zenuity staff and consultants and will be based in Gothenburg and Shanghai.

The new company will focus on the development and commercialization of a software platform for unsupervised autonomous driving and advanced driver assistance systems targeting consumer vehicles. This new technology will first be launched in the next generation of new Volvo cars. The company will build upon and further develop the strong software platform developed by Zenuity in recent years.

During the time preceding the company’s official launch, more information can be found here:

Go to our new Autonomous Drive company website

Veoneer

Veoneer designs, manufactures and sells state-of-the-art software, hardware and systems for occupant protection, advanced driving assistance systems, and collaborative and automated driving to vehicle manufacturers globally. Veoneer, which also makes radars and vision systems and expects 90% of its available market to be for advanced driver assistance systems (ADAS) in the next decade, said the move – including the assimilation of around 200 former Zenuity engineers – would help it drive its business strategy more effectively.

Go to Veoneer.com