Volvo, Autoliv team up in autonomous driving

Chinese-owned Volvo Cars and Sweden-based automotive safety group Autoliv say they are creating a jointly-owned company to develop autonomous driving software for Volvo cars.

The carmaker says the new company, which has yet to be named, will develop advanced driver assistance systems and autonomous driving systems.

In August, Volvo Cars announced it was teaming up with ride-sharing company Uber to develop next-generation driverless cars, in a 300-million-dollar project.

The Associated Press

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