In fight vs Tesla, VW partners part supplier Bosch to cooperate on car software

Volkswagen's software unit Cariad and automotive parts supplier Bosch are nearing an agreement to cooperate on automotive software, German newspapaer Handelsblatt reported, citing company sources. With its software efforts and new partnership, Volkswagen hopes to challenge Tesla and Alphabet in a field in which it has not traditionally been active.

File photo of Volkswagen logo (REUTERS)
File photo of Volkswagen logo

The carmaker plans to invest a triple-digit million euro amount as part of the deal, the report added. With Cariad being high priority on Volkswagen's transformation agenda, CEO Herbert Diess took on responsibility for the unit on the group's management board this week as part of a reshuffle.

Diess believes software is the key future battleground of the automotive industry, ranging from operating systems to enable autonomous driving to software services that can be installed over the air. Cariad gets 2.5 billion euros ($2.8 billion) in funds from Volkswagen each year.

Also check these Cars

Find more Cars
Volkswagen Taigun (HT Auto photo)
₹ 10.49 - 17.50 Lakhs* *Ex-showroom price
Add to compare
Check latest offers
Volkswagen Id.4 (HT Auto photo)
₹ 50 - 60 Lakhs* *Expected Price
View Details
Volkswagen Virtus (HT Auto photo)
₹ 11.21 - 17.91 Lakh* *Ex-showroom price
Add to compare
Check latest offers
Volkswagen Tiguan (HT Auto photo)
₹ 32.79 Lakhs* *Ex-showroom price
Add to compare
Check latest offers
Mahindra Thar (HT Auto photo)
₹ 10.98 - 16.94 Lakhs* *Ex-showroom price
Add to compare
Check latest offers
Tata Nexon (HT Auto photo)
₹ 8.10 - 13 Lakhs* *Ex-showroom price
Add to compare
Check latest offers

Also Read : Volkswagen's big investments in e-mobility, confirms Audi Q8 e-tron in 2026

Separately, Volkswagen is also investing 159 billion euros out of which the automaker will it will dedicate about 89 billion euros primarily to electric mobility and digitization. The company will also focus on electrifying its European sites. Around 21 billion euros will be invested at its plants in Lower Saxony alone, most of which will be channelled into manufacturing sites and components facilities.

Volkswagen has also confirmed the electrification of its Wolfsburg plant through its Project Trinity. The company informed given the strong demand for electric vehicles, it also plans to re-equip the site for full production of the ID.3 from 2024. The Salzgitter site will be further expanded into a European battery hub.

The carmaker is also developing new electric PPE architecture that will be harnessed for two Porsche models. The company is also expecting there will be an approximate growth of 25 per cent in the sales of fully electric vehicles by 2026.

(with inputs from agencies)

First Published Date: 12 Dec 2021, 09:40 AM IST
Shopping Bag Shop Now
74% OFF
Microfiber Car Cleaning Soft Brush Ideal as Mop Duster, Washing Brush with Long Handle, Dust Cleaner Car Wash Brush with Handle, Soft Brush Scratch Free, Cleaning Dashboard Curved Design - Grey
Rs. 389 Rs. 1,499
64% OFF
Antson Portable High Power 2 in 1 Car Vacuum Cleaner | USB Rechargeable Wireless Handheld Car Vacuum Cleaner Traveling, Camping Reusable and Sustainable, Portable,Rechargeable Vacuum (2 in 1)
Rs. 699 Rs. 1,939
1% OFF
GOODAIR Clear Car Windshield Enhancer | Classic |12 Tablets
Rs. 295 Rs. 299
SHAYONAM Dent Removal Kit - Powerful Car Dent Repair Kit - Suction Cup Dent Puller Handle Lifter and Dent Repair Puller for Car Body Dent, Glass, Tiles and Mirror (Plastic)
Rs. 399

Please provide your details to get Personalized Offers on

Choose city
+91 | Choose city
Choose city
Choose city
Powered by: Acko Logo
Please be noted that any information provided herein above will be received by Acko General Insurance Limited (“Acko”). By mentioning the above information, you agree to provide these details and information to Acko.
By clicking "View Offers" you Agree to our Terms and Privacy Policy

Dear Name

Please verify your mobile number.

+91 | Choose city
Couldn't verify the OTP.
It's either expired or it's incorrect.