ZF acquires stake in mainland Chinese automated parking startup CalmCar
Collaboration between ZF and CalmCar aims to achieve agile development and, as a result, accelerate mass production for mainland Chinese and international automakers
According to a press release on Chinadaily dated 16 June, German auto parts maker ZF has partnered with Chinese intelligent vision system provider CalmCar to develop automated parking and automated valet parking technologies, which are expected to be introduced into a Chinese carmaker as soon as 2022.
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