The two companies share a common vision of automated driving and of safe automated driving systems. We want Five to give an extra boost to our work in software development for safe automated driving, and offer our customers European-made technology. For Bosch, moreover, the acquisition is a further step toward consolidating its market position in software and automated driving. For Bosch, automated driving is and will remain a strategic business field. In the logistics sector in particular, Bosch sees attractive applications and business potential for SAE Level 4 automated driving systems.

Source: The Guardian April 16, 2022 19:37 UTC