China tech analyst Tu Le help us break down VW’s agreement with Horizon Robotics. Among Horizon, VW, China, Germany, who gains what?
What’s at stake?
China is primed to dominate the global EV market. Hence, news of the VW-Horizon Robotics agreement doesn’t necessarily represent a design win for the Chinese AI chip startup. At stake is the survival of Volkswagen, among the world’s largest legacy OEMs. Has VW considered the consequences of this deal ten years down the road?
When the news of Volkswagen’s 2.4-billion euro investment in China’s AI startup broke last week, Tu Le was one of our first calls.
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