Home / Metal News / Horizon Robotics and Volkswagen Group's CARIAD announce establishment of joint venture CARIZON

Horizon Robotics and Volkswagen Group's CARIAD announce establishment of joint venture CARIZON

iconDec 8, 2023 16:39
Source:gasgoo
Horizon Robotics and Volkswagen Group's CARIAD announce establishment of joint venture CARIZON

Beijing (Gasgoo)- On December 8, 2023, Horizon Robotics, a provider of energy-efficient computing solutions for advanced driver assistance systems (ADAS) and automated driving (AD) in China, and CARIAD, the automotive software and technology firm within the Volkswagen Group, today announced the official establishment of their joint venture, which is named CARIZON.

CARIZON, stemming from a collaboration agreement initiated in 2022, will leverage Horizon Robotics' robust software and hardware integration capabilities alongside CARIAD’s expertise in vehicle and system integration. This collaboration aims to craft state-of-the-art, highly optimized full-stack ADAS/AD solutions. The focus will be on developing cutting-edge automated driving solutions powered by Horizon Robotics’ Journey series computing solutions, slated for mass production in Volkswagen's BEV (battery electric vehicles) models across China.

Headquartered in Beijing, CARIZON anticipates recruiting a workforce exceeding 300 experts by the year's end. Positioned as a transformative force in mobility, CARIZON aims to liberate passengers and drivers, allowing them to focus on what truly matters.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

For queries, please contact Lemon Zhao at lemonzhao@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn