Partnership designed to share huge financial burden of developing driverless vehicle technology now cancelled due to high costs
BMW and Mercedes-Benz have called quits on their partnership to develop autonomous driving aids little more than a year into the collaboration, citing the huge expense involved with developing the shared tech.
When the two German arch enemies announced they would join forces to pursue the development of self-driving vehicle technology back in 2019, it was viewed by the industry as a clever play by BMW and Benz to pool their resources to steal a march on their premium rivals and play catch-up to the market leaders.
Now, a joint statement stressed the cancellation of the technical partnership was both mutual and amicable, and would enable both companies to “concentrate on their existing development paths”.
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