DETROIT — Now that automakers are preparing to roll out driverless cars in the next three to five years, suppliers are forming alliances to offer a complete product portfolio.
Last week, Continental AG and Nexteer announced a joint venture to produce control systems for self-driving cars by integrating Nexteer’s steering systems with Continental’s brakes.
The 50-50 joint venture will be based in Michigan and will be launched within the next three months, the two companies said last week during a press conference at the Detroit auto show.
The partnership fills an important gap in Continental’s product portfolio for self-driving cars. The German mega-supplier now can offer steering systems along with brakes, radar, cameras, lidar and software.
That will allow Continental to compete with rivals Robert Bosch GmbH and ZF Friedrichshafen, both of which can produce steering systems for self-driving cars.