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Veoneer boss expects to reach key milestone this quarter

"It will take longer for full autonomous driving to become a reality than what we originally thought, but this will come," Veoneer CEO Jan Carlson said.
December 15, 2020 05:00 AM

Radar and driver-assistance software specialist Veoneer expects to achieve a key financial milestone. In the final three months of 2020 the Swedish company is on track to have organic sales growth for the first time since it was spun off from Autoliv in 2018. CEO Jan Carlson shared the company's outlook for the rest of 2020 and for 2021. He also explained why the move to full autonomous cars is taking longer than expected and outlined the big potential Veoneer sees from its collaboration with U.S. tech giant Qualcomm. He spoke with Automotive News Europe Managing Editor Douglas A. Bolduc earlier this month via video chat.

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