Volvo enters autonomous driving market via company acquisition
Teslarati
JANUARY 1, 2023
Volvo has acquired Zenseact, an autonomous driving hardware and software supplier. Now Volvo hopes to try its hand, buying out autonomous driving software and hardware supplier Zenseact. Details regarding how much Volvo paid for the shares have not been disclosed. Zenseact is now a 100% subsidiary of Volvo Cars.
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