Automotive News reported on Friday that Germany’s Volkswagen is in talks with other carmakers regarding self-driving vehicle technology.
As per the report, the Volkswagen group is discussing with more than 15 potential partners for the making of self-driving cars. Names of those involved companies have not been identified.
To operate autonomous driving carmakers, suppliers and technology companies are already investing more than 55 billion euros ($64 billion) globally, consulting firm AlixPartners estimates.
Car companies including BMW have indicated they would welcome common standards on aspects of self-driving cars including the configuration of their sensors.
By pooling such blueprints, they could hope to decrease costs as well as their accident liabilities about shared technological choices.
Contacted by Reuters, a Volkswagen spokesman refused to comment on the Automotive News report, but stated: “We always look for partnerships.”
Volkswagen shortened to VW is a German automaker founded on 28 May 1937 by the German Labour Front under Adolf Hitler and headquartered in Wolfsburg. It is the flagship marque of the Volkswagen Group, the largest automaker by worldwide sales in 2016. As per the report of Stastista.com, Volkswagen was ranked as the fourth biggest advertiser globally in 2016.
Volkswagen was initially established in 1932 by the German Labour Front (Deutsche Arbeitsfront) in Berlin. In the early 1930s, the German auto industry was still primarily composed of luxury models, and the average German could rarely afford anything more than a motorcycle. As a result, only one German out of 50 owned a car. Seeking a potential new market, some car makers began independent “people’s car” projects – the Mercedes 170H, Adler AutoBahn, Steyr 55, and Hanomag 1.3L, among others.[Wiki]