Volkswagen ‘acquires’ self-driving unit from Huawei for billions of dollars
New Delhi/Beijing, February 18 (SocialNews.XYZ) German automaker Volkswagen is in talks with Huawei to acquire its self-driving unit for billions of dollars, media have reported.
According to German manager Magazin, Volkswagen and Huawei are negotiating a “billion dollar deal in China”.
Volkswagen is promising “unconventional solutions” for its new Chinese market and “perhaps taking over a Huawei subsidiary will help. Talks are ongoing,” the report said 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 enormous benefits to society.
It has applied its cutting-edge chips, platform-level engineering capabilities and comprehensive development diagnostic tool chain to create the Mobile Data Centers (MDCs) on wheels, delivering a true car brain .
Together with automakers, Huawei will apply its AI capabilities to steer the advancement of self-driving technology into the fast lane.
Huawei’s smart car unit planned 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, standardization and interface development tools.
Huawei has partnered with Audi to achieve joint innovation on L4 autonomous driving with the MDC solution, and the results have been encouraging.
Tests with a Huawei MDC-equipped Audi Q7 in China were successful on dimly lit urban and rural roads at night in complex traffic conditions, including unclear lane lines and pedestrians, bicycles and vehicles. scooters crossing the road.
It also managed to navigate at high speed, follow other vehicles, recognize traffic lights and pedestrians, and park in an underground garage.