Zenseact Receives ECARX Strategic Investment for Autonomous Driving Collaboration in China

Volvo Cars has announced its autonomous driving (AD) software development subsidiary Zenseact has received a strategic investment by ECARX, the privately-owned Chinese provider of connected car technology. Strategic Investment Scope ECARX will take a 15 percent shareholding in Zenseact and make a strategic investment in the company’s continued development of AD and safety technologies. Building […]