City
Epaper

Volkswagen 'acquiring' Huawei's autonomous driving unit for billions of dollars

By IANS | Updated: February 18, 2022 16:40 IST

New Delhi/Beijing, Feb 18 German motor vehicle manufacturer Volkswagen is in talks with Huawei to acquire its autonomous ...

Open in App

New Delhi/Beijing, Feb 18 German motor vehicle manufacturer Volkswagen is in talks with Huawei to acquire its autonomous driving unit for billions of dollars, the media reported.

According to Germany's Manager Magazin, Volkswagen and Huawei are negotiating a "billion-dollar deal in China".

Volkswagen promises "unconventional solutions" for its new market China and "maybe taking over a Huawei subsidiary will help. The talks are ongoing," the report said on Thursday.

Huawei and VW China did not immediately comment on the report.

The Chinese conglomerate aims to develop driverless-car technology by 2025.

Huawei believes that driverless vehicles will bring huge benefits to society.

It has applied its industry-leading chips, platform-level engineering capabilities, and complete development diagnostic tool-chain to create the Mobile Data Centres (MDC) on wheels, offering a true car brain.

Together with car manufacturers, Huawei will apply its AI capabilities to steer the advancement of autonomous driving technology into the fast lane.

Huawei's smart car unit had plans to spend $1 billion on research and development for the year 2021.

The Huawei MDC is also an open platform that offers components-as-a-service, interface standardization and development tools.

Huawei teamed up with Audi to carry out joint innovation on L4 autonomous driving with the MDC solution, and the results were encouraging.

Tests with an Audi Q7 equipped with Huawei MDC in China were successful on dimly lit urban and rural roads at night under complex traffic conditions, including unclear lane lines, and pedestr, bicycles, and scooters crossing the road.

It also successfully carried out high-speed cruising, following other vehicles, recognising traffic lights and pedestr, and self-parking in an underground garage.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: huaweiVolkswagenVolkswagen passenger carsHuawei consumer business groupHuawei consumer business group indiaHuawei consumer businessHuawei technology coHuawei technologies co.Huawei technologies co., ltd.Infrastructure ltd
Open in App

Related Stories

BusinessVolkswagen Seeks Local Partners to Overcome Challenges in Indian Market

NationalFarmer kills stray cow in Aligarh, VHP workers protest

InternationalWith bankruptcy protection, can Go Airlines return to the air in two weeks

EntertainmentTaylor Swift fan killed by alleged drunk driver after attending Houston concert

TechnologyUS imposes $300m penalty over hard disk drive exports to Huawei

Technology Realted Stories

TechnologyAdani Energy Solutions posts 103 pc PAT growth at Rs 2,427 cr in FY25, ends Q4 on record high

TechnologyIndia’s domestic air passenger traffic up 11.3 pc at 148.8 lakh in March, outlook stable

TechnologyNestle India Q4 profit drops 5 pc amid high input costs, exports down by 8.6 pc

TechnologyZomato denies reports about food delivery CEO Rakesh Ranjan's resignation

TechnologyED raids FIITJEE coaching centres in Delhi-NCR over money laundering allegations