BMW Group & Daimler AG Partner For Autonomous Driving Technology
The partnership will focus on next-generation autonomous technology.Â
BMW and Daimler say they may partner with other companies along the way.
The BMW Group and Daimler AG are partnering for a number of autonomous driving initiatives. The companies say they are looking to advance the development of next-generation driver assistance systems and autonomous driving, including up to SAE Level 4. Both have signed a Memorandum of Understanding to jointly develop this and other new technologies related to future mobility.
“The BMW Group and Daimler AG view their partnership as a long-term, strategic cooperation and aim to make next-level technologies widely available by the middle of the coming decade,” a statement from both companies reads. Faster Development Times
BMW Group and Daimler AG are looking to streamline the development of autonomous technology. The collaboration should, according to the two companies, shorten product development cycles and allow for more timely market launches.
?As we continue to pursue our strategy, we are combining the expertise of two technology leaders. At the BMW Group, long-term partnerships within a flexible, scalable, non-exclusive platform are fundamental to advancing the industrialization of autonomous driving,” explained Klaus Fröhlich, Member of the Board of Management of BMW AG, Development. “Combining the key expertise of our two companies will boost our innovative strength and speed up the spread of this te...
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