BMW and Mercedes suspend alliance for self-driving
Bmw (OTC: BMWYY) and Mercedes-Benz are ending their joint autonomous driving effort, at least for now, although they may work together again in the future.
BMW and Daimler (OTC: DMLR.Y), the parent company of Mercedes-Benz, said in a statement Friday that the timing of their cooperative efforts to develop autonomous vehicle technology was “not right,” due to the effort and expense required to merge their existing technologies in a single Platform.
BMW and Mercedes-Benz worked separately on automated driving technology for years before entering into a technology-sharing partnership in 2019. After reviewing each other’s efforts, the partners decided that the challenge and the cost of combining the existing work on autonomous driving was too large given the current economic conditions.
“After careful consideration, the two companies came to a mutual and amicable agreement to focus on their existing development paths – which may also include collaboration with current or new partners,” the companies said in a statement. joint press release.
BMW research chief Klaus Froelich noted that his company was part of a joint self-driving development effort with Intel, Aptiv, and Fiat Chrysler Automobiles, among others, for several years. This effort has made great strides and will continue separately, he said.
The rivals will continue to work together in other areas, including mobility and smart mapping, they said, and they may resume their collaboration on autonomous driving in the future.
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