VW acquires stake in autonomous driving software developer

FDTech develops software and future-oriented systems for automated and autonomous driving

Autocar Pro News Desk By Autocar Pro News Desk calendar 29 Aug 2018 Views icon4658 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp

The Volkswagen Group has acquired a minority stake in the technology development company FDTech GmbH. The company, which has its headquarters in Chemnitz and was established in 2017, currently employs about 30 experts and develops algorithms for systems in the field of automated and autonomous driving.

Friedrich Eichler, Head of Chassis Development of the Volkswagen brand, said: “We are working flat out to integrate highly automated driving in the next generation of Volkswagen cars. Through our participation in FDTech, we have gained further essential expertise. The company from Saxony is a fantastic example of the innovative power of German small and medium-sized companies. We will combine this innovative power with our performance capabilities as a global mobility company.”

According to Karsten Schulze, managing director of FDTech, “We are a young, dynamic company with more than 20 years of experience in the field of driver assistance and automated driving. Our mission is to make automated, networked mobility available to everyone. The participation of Volkswagen will assist us in realising our ambitious growth plans. We want to be one of the driving forces in automated driving in the technology region of Saxony.”

FDTech holds expertise in the development of algorithms for automated driving, always with a focus on the practicality of series production. The company therefore provides key building bricks for the extension of current mobility and the reshaping of future mobility.

RELATED ARTICLES
TVS Motor invests in Ion Mobility, to help drive EV growth in Singapore, Indonesia

auther Autocar Pro News Desk calendar02 Feb 2023

Ion Mobility is a full-stack EV company with a strong team of engineers and technical base in Singapore.

Peugeot 208 is Europe’s best-seller in 2022, new car market in third straight year of decline

auther Autocar Pro News Desk calendar02 Feb 2023

JATO Dynamics data for 30 markets reveals total sales of 11,309,310 units are down by 4.1% YoY and at the lowest level s...

Marelli wins global contract to supply BMS to future BEVs from leading carmaker

auther Autocar Pro News Desk calendar02 Feb 2023

The system will be developed and tested by Marelli Electric Powertrain teams in Italy and Japan; start of production pla...