Magna joins BMW, Intel to develop autonomous vehicle tech by 2021
Technology to be flexible, adoptable for integration by multiple automakers.
AURORA, Ont. — Canadian auto parts maker Magna International Inc. says it’s joining BMW and Intel Corp. to develop a self-driving system for the global vehicle marketplace by 2021.
The autonomous driving technology will be flexible and adoptable for integration by multiple automakers.
BMW says Magna has long-term experience in integrating complex systems seamlessly onto individual vehicle platforms.
Magna has been a contract vehicle manufacturer for the BMW Group for more than 15 years.
The Aurora, Ont.-based company manufactures auto parts hat are supplied to General Motors, Ford Motor Co., and Chrysler LLC in North America. Other customers include Tesla Motors, Volkswagen, BMW and Toyota. In Europe, Magna Steyr assembles the Peugeot RCZ and Mini Countryman.