Volkswagen and Bosch end autonomous driving partnership

Investing.com -- Volkswagen's software unit Cariad and supplier Bosch ended their joint autonomous driving project, the companies said Wednesday.

Both companies will keep access to the intellectual property and data created during the partnership and can continue developing the technologies separately, according to the statement.

"CARIAD and Bosch have created a strong technological foundation through the Automated Driving Alliance," said Volkswagen Group CEO Oliver Blume. "We are now building on that foundation with a clear focus on speed, scalability and rapid implementation for our brands and customers," he added.

Bosch and Cariad started the partnership in 2022 to develop software for driver assistance and autonomous driving across Volkswagen's brands.

The decision comes as Volkswagen works to increase cost-cutting across the group as it faces tariffs, weak demand and strong competition from China.

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