- Testing of the prototype, one of the first five planned test vehicles, has already begun and will continue at Argo’s development center in Neufahrn, near Munich, as well as at Argo’s nine hectare closed course near the Munich airport, which tests for a variety of traffic situations unique to European driving conditions, and Argo’s test track in the United States.
- At the event, Volkswagen Commercial Vehicles, which has developed a separate businesses unit devoted to autonomous driving and acquired a stake in Argo AI, demonstrated how ride-pooling via a self-driving system can help with managing traffic flows.
- Argo AI recently also received a $7.5 billion valuation, nearly two years after the VW Group finalized its $2.6 billion investment in the company.
[Via]