Did you miss a session from the Future of Work Summit? Head over to our Future of Work Summit on-demand library to stream.


(Reuters) — Auto supplier Continental AG on Wednesday signed a strategic cooperation agreement with Chinese Internet company Baidu to develop autonomous and connected cars.

In a statement, Continental said both partners intend to develop technologies, products and business models that will provide solutions for automated driving, connected vehicles and intelligent mobility services.

“With our strategic collaboration, we will take intelligent mobility an important step further,” Continental’s Chief Executive Elmar Degenhart said.

Frank Jourdan, a member of the executive board of Continental and president of the chassis and safety division, and Qi Lu, group president and chief operating officer of Baidu, signed the agreement on Wednesday in Berlin, Continental said.

(Reporting by Edward Taylor)

VentureBeat

VentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative technology and transact. Our site delivers essential information on data technologies and strategies to guide you as you lead your organizations. We invite you to become a member of our community, to access:
  • up-to-date information on the subjects of interest to you
  • our newsletters
  • gated thought-leader content and discounted access to our prized events, such as Transform 2021: Learn More
  • networking features, and more
Become a member