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Volkswagen Accelerates EV Automation in China; Get Industry Exposure With ARKQ

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 .
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