Volvo Venture Seeks Top Self-Driving Role Angling for More Deals
- Li Shufu-backed Zenuity eyeing dominance in autonomous cars
- Geely’s order was first for Volvo Cars-Autoliv partnership
Race To Build Self-Driving Cars Accelerates
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Volvo Cars and Autoliv Inc.’s self-driving partnership is stepping up plans to dominate autonomous systems with talks to win customers other than the Swedish automaker’s Chinese parent, owned by top Daimler shareholder Li Shufu.
The Zenuity joint venture, set up over a year ago, is negotiating with five potential customers and plans to win at least one more deal this year after Li’s Chinese carmaking group ordered driver-assistance software for its Geely auto brand, Chief Executive Officer Dennis Nobelius said.