Volkswagen Extends Partnership With Microsoft To Boost Cloud-Based Automated Driving Platform

Volkswagen AG’s (OTC: VLKAF) software company Car.Software Organisation extends partnership with Microsoft Corporation (NASDAQ: MSFT) to create a cloud-based Automated Driving Platform (ADP) on Microsoft Azure towards heightened advanced driver assistance systems (ADAS), and automated driving (AD) functions for passenger cars across Volkswagen Group brands.
Volkswagen and Microsoft have been Volkswagen Automotive Cloud (VW.AC) partners since 2018.
Volkswagen intends to invest around €27 billion by 2025 in digitalization and in-house software development in the car. The first VW.AC connected test fleets are likely to be rolled out by 2021, and the production rollout is slated for 2022.
Price action: MSFT shares are up 0.4% at $243.8 in the pre-market session on the last check Thursday.