Share the post "Volkswagen Aims To Boost Its Self-Driving Car Plans"
Europe’s largest automaker, Volkswagen is planning further acquisitions in the market for new transportation technologies and services, a leading manager at the German carmaker said, as it seeks to make up ground after its emissions scandal.
The company had been reluctant to commit to new industry trends like car sharing, is also looking for more alliances with technology firms as it tries to capture new business post-Dieselgate, Volkswagen (VW) digital.
VW took a $300 million stake in May in ride-hailing company Gett which competes with Uber as it builds a services business that VW expects to generate billions of euros in sales by 2025.
VW, through its Audi luxury flagship brand, has committed to developing a fully self-driving car rather than working on incremental autonomous-drive features that would occasionally require the intervention of the driver. To help speed its development of self-driving cars, the manager said VW will massively expand its presence in Silicon Valley where it is setting up centres for future design and autonomous driving alongside its electronics research lab. VW will be at the forefront of carmakers rolling out fully automated driverless vehicles for commercial ride-sharing no later than 2021, according to Jungwirth.
It is a competitive field. Uber formed an alliance with Volvo this week and plans to test driverless control systems in Volvos and Ford Fusion models in a pilot scheme in Pittsburgh.
It is to be noted that VW group may target overseas cities for its autonomous vehicle programme as the United States and China are likely to push harder than Europe to authorise the operation of self-driving cars.