Veoneer and Volvo Cars to split Zenuity joint venture for ADAS

On April 2, Veoneer, Inc. announced that it has entered into a non-binding agreement with Volvo Cars to split their 50:50 joint venture Zenuity. Veoneer expects to bring more than 200 of the current Zenuity employees into its systems and software team. The Zenuity development centers in Novi, Michigan, and Munich, Ge....

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