Today’s Solutions: May 07, 2026

Chinese-owned Volvo Car Group and auto safety group Autoliv said on Tuesday they would form a joint venture to develop autonomous driving software as automotive firms across the industry race to embrace the emerging technology. The two Sweden-based companies said in separate statements the new company would have an initial work force of about 200 staff taken from both parent companies, a number that would increase to more than 600 over the medium term. The…

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