German automaker BMW has announced that it will suspend its own technology development application with Mercedes-Benz because of its vehicles because of the coronavirus following a steep plunge in demand. BMW may also get rid of all 6,000 projects, which accounts for 5% of its worldwide employment force of 120,000 people.
The stopped partnership between the two German giants will postpone the evolution of self-driving software that was agreed upon almost one year past on July 4, 2019. Both firms had put together a team of 1,200 technicians in an effort to chase Tesla, which retains a lead from the business.
Plans originally had intended for BMW and also Mercedes-Benz to introduce semi-autonomous driving capabilities by 2024 into its automobiles. Those goals have been derailed, giving Tesla an even more significant advantage in the race towards freedom.
In a joint statement between the two companies, BMW and also Mercedes-Benz announced that they “are placing their cooperation on growth of next-generation technology for automatic driving briefly on hold. ” After reviewing the partnership the appropriate move based on current economic conditions justified an split between the two companies, at least for now.
(adsbygoogle = window.adsbygoogle || []).push({});
It has become clear that Tesla is the pioneer in electric vehicles. In terms of technology, battery capabilities, performance specifications, and self-driving software, Tesla is the standard, and no one comes close.
The scrapping of the partnership between BMW and Mercedes pushes back the two companies’ capacity to introduce self-driving vehicles, slowing the contest for Tesla in the market. It has been evident that technology advancements are driven by competition and others attempt to replicate it, when one firm develops a new capacity.
But, BMW appears to be at this point, and their strategy comprises the unfortunate downsizing of the firm ’s work force. According to an announcement from company executives into Reuters, the decision appears to be based on the immediate effect that the coronavirus has had on automotive sales, particularly in Germany.
“Further steps are needed to generate the BMW Group more resilient to market fluctuations and outside influences the executives said. Will have their capability corrected “by reducing employment contracts with prolonged working hours for employees. ”
The coronavirus has had an undeniable effect on the automotive industry as a whole, and it appears that, for now, BMW and Mercedes are taking steps to ensure that a future of producing luxury vehicles is sure — even if that means taking a step back in the maturation of autonomous driving techniques.
The post BMW terminates self-driving tech partnership with Mercedes-Benz appeared first on TESLARATI.
Article Source and Credit teslarati.com https://www.teslarati.com/bmw-mercedes-benz-fsd-partnership-terminated/ Buy Tickets for every event – Sports, Concerts, Festivals and more buytickets.com
Leave a Reply
You must be logged in to post a comment.