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AUTONOMOUS VEHICLE MARKET ANALYSIS

Autonomous Vehicle Market, By Application, By Region (North America, Latin America, Europe, Middle East & Africa, and Asia Pacific)

Market News

Global Autonomous Vehicle Market: Key Developments

  • In August 2020, Audi AG entered into a partnership with FAW. This partnership is aimed at the expansion of Audi’s production of autonomous fully electric cars.
  • In November 2020, BMW AG opened a novel research and development center with FIZ Projekthaus Nord. With this novel R&D center, the company aims at the expansion of its R&D network for future cars.
  • In October 2020, Daimler AG, and Waymo entered into an agreement of global strategic partnership for the advancement of technology movement in the autonomous vehicle sector.
  • In February 2021, General Motors invested US$ 100 Mn in the U.S. manufacturing plants. With this initiative, the company plans to boost its truck transmission capacity.

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