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Volvo, Autoliv Will Jointly Develop Autonomous Driving Software

Chinese-owned Volvo Cars and the Swedish-based automotive safety group Autoliv Inc. said Tuesday that they were creating a jointly owned company to develop autonomous driving software. The carmaker said the yet-to-be-named company would develop advanced driver assistance systems and autonomous driving systems. It will begin operations in Gothenburg, Sweden, early next year. The systems will be used by Volvo and offered for sale to other automakers. Volvo and Autoliv will split the...

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