Daimler’s Mercedes-Benz division, and Robert Bosch, the automotive technology giant, teamed up to develop self-driving cars. According to a statement on Tuesday, the vehicles will be run in at least four locations, including their hometown of Stuttgart and Silicon Valley.
In 1886, Robert Bosch was founded, and at the same year, Carl Benz, the founder of Mercedes-Benz, patented the motorcar.
In the announcement, the financial terms of the deal between the two companies were not disclosed. Daimler said that the autonomous system will be ready by the beginning of next decade, but he didn’t disclose that when the the commercial launch of automated taxis, or robo-taxis will be first envisaged.
“The idea behind it is that the vehicle should come to the driver rather than the other way round,” Daimler and Bosch said in the statement.
The deal would be beneficial to both parties. For Daimler, the deal would help them to speed up the process of creating a production-ready system for autonomous cars by several years. And for Bosch, the deal could help it to make ground in the competitive autonomous driving sector.
“The prime objective of the project is to achieve the production-ready development of a driving system which will allow cars to drive fully autonomously in the city,” Daimler said in a statement.