Volkswagen Accelerates EV Automation in China; Get Industry Exposure With ARKQ
October 19, 2022 at 12:51 PM EDT
Volkswagen has struck a new partnership to accelerate its pace in automating electric vehicles for Chinese customers. CARIAD, a wholly owned automotive software company of Volkswagen, intends to establish a joint venture with Horizon Robotics, a Chinese auto chip startup, the company announced last Thursday. Volkswagen’s 2.4-billion-euro investment in the joint venture with Horizon Robotics [...] The post Volkswagen Accelerates EV Automation in China; Get Industry Exposure With ARKQ appeared first on ETF Trends .
