Huawei, VW reported to form joint venture to develop autonomous driving technologies, but Huawei denied
Beijing (Gasgoo)- China’s tech company Huawei and global automobile company Volkswagen Group (VW) plans to establish a joint venture to develop autonomous driving technologies, local media outlet 36kr reported citing several sources.
According to the said sources, the joint venture will provide the German group with solutions as a supplier. One option both parties are discussing is that VW will be the controlling shareholder with capital investment while Huawei will contribute technology and intellectual property, including software and chip technology. This project is progressing rapidly, the report said.
To facilitate the development of this new venture, some senior technical talents from Huawei will participate in the project, the report said. Su Jing, former head of Huawei’s intelligent driving product division, will be one of them. In July, the executive was removed from the position due to inappropriate comments about Tesla Autopilot accidents.
Huawei denied the report when asked for comments.
The report added that Huawei has formed partnership with VW Group’s premium brand Audi for supplying autonomous driving solutions, which will be basis for the Chinese company's cooperation with VW Group.
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