Continental acquires share in driverless mobility firm EasyMile

5th July 2017 | 0 Comments
 
Continental acquires share in driverless mobility firm EasyMile
EasyMile CEO Gilbert Gagnaire (l) and Continental’s Frank Jourdan shake on the deal

Technology company and tyre maker Continental has agreed to acquire a minority share participation in French autonomous driving company EasyMile SAS, a firm currently focusing on the development of driverless electric shuttles. In addition to the equity investment, the companies plan close cooperation in the fields of environmental sensors, braking systems and driving safety technologies. The transaction’s completion is subject to approval by the relevant antitrust authorities.

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