Auburn Hills-based technology company and auto supplier Continental yesterday announced the signing of a strategic cooperation agreement with Baidu, a Chinese internet company, with the goal of establishing a comprehensive strategic cooperation regarding automated driving, connected vehicles, and intelligent mobility services.
Continental and Baidu will extend technology exchanges by utilizing each other’s competitive advantages in automotive components and internet technology and form an effective technical alliance.
By using complementary resources and technology information, both companies intend to develop technologies, products, and business models that will provide comprehensive and reliable solutions for the automated mobility industry.
“Continental develops and provides pioneering technologies and services for the mobility of tomorrow. Baidu is one of the most important Internet companies in China,” says Elmar Degenhart, Continental’s chairman of the executive board. “With our strategic collaboration, we will take intelligent mobility an important step further.”
Under the agreement, Continental and Baidu will explore collaboration fields including sensor systems and software for advanced driver assistance systems, applications for Baidu’s Apollo platform including artificial intelligence, cyber security, and connected cars, and road tests, data collection, and analysis for automated driving.
Continental was founded in 1871 and currently employs 227,000 people in 56 countries.