Volkswagen AG has announced the foundation of Volkswagen Autonomy GmbH (VWAT GmbH) with headquarters in Munich and Wolfsburg in Germany. Another subsidary in Silicon Valley will follow in 2020.
The company will be managed by Alexander Hitzinger, Senior Vice President for autonomous driving in the Volkswagen Group and Member of the Volkswagen Brand Board of Management responsible for Technical Development at Volkswagen Commercial Vehicles (VWCV).
“We want to establish Volkswagen Autonomy as a global technology company where we bundle expertise from the automotive and technology industries, combining the agility and creativity of a high-performance culture with process orientation and scalability,” says Alexander Hitzinger.
He adds: “We will continue to use synergies across all Group brands to reduce the cost of self-driving vehicles, high-performance computers, and sensors. We plan to start commercialising autonomous driving at a large scale around the middle of the next decade.”
A further subsidiary is planned in China in 2021.