The costs to integrate hardware, software and
data and the accelerating pace of development of self-driving
vehicles has sparked a growing number of alliances between
automakers and suppliers.
Continental, the world's second-biggest supplier to carmakers by
sales, said it would play a key role in commercializing the new
platform, which is to be sold to other auto manufacturers.
"We can meet the steep demands in autonomous driving through an
industry-wide collaboration more comprehensively, rapidly and at
lower costs than by going alone," Chief Executive Elmar
Degenhart said in an emailed statement.
BMW already last year joined forces with U.S. chipmaker Intel
and Mobileye, the Israeli vision system and mapping expert on
the self-driving platform, which is targeted for production in
2021. U.S. parts maker Delphi Automotive <DLPH.N> has since
joined the tie-up.
In April, Germany's Daimler <DAIGn.DE> formed a similar alliance
with supplier Robert Bosch [ROBG.UL] to speed development of
(Reporting by Jan Schwartz and Andreas Cremer; Editing by Maria
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