Volkswagen to take 60% Stake in Joint Venture with China’s Horizon Robotics
Volkswagen’s software unit ‘Cariad’, will spend more 2 billion dollars in a joint venture, and take a 60 percent stake in a new venture with Horizon Robotics, a Chinese technology company, tackling two big challenges, including software and the Chinese market. Volkswagen will invest 1 billion dollars in Horizon Robotic and a further 1.3 billion […]
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