Volkswagen, Aeris Form New Joint Venture for Connected Cars

Volkswagen has partnered with IoT provider Aeris Communication to form a joint venture, Ventic.
The long-term partnership aims to develop and operate connected vehicle platform technologies.

Volkswagen will own around 51% of the new venture, and Aeris will focus on Volkswagen brand vehicles in North America. The Ventic will start their focus on connected vehicle platform with the launch of the next-generation car net in most MY20 vehicles, notes the announcement.

Ventic will provide a customizable approach to the automobile giants' specific requirements. This provides Volkswagen with the ability to manage the connected car program on a single platform.

Executive Opinion

Global CIO, Volkswagen Brand, and Member of the Board, Ventic LLC, Abdallah Shanti, said, "Volkswagen is committed to connected vehicle technology, as we see a future where all cars are 100 percent connected at all times. Our connectivity platform expands beyond remote services and vehicle safety and security. This platform has inherent flexibility, which enables new business models through third-party integration and is foundational for V2X communications. Furthermore, this platform will serve our customers with delightful and useful functions, as well as being a gateway to other digital ecosystems."

General Manager of Automotive and Chief Marketing Officer, Aeris, and Member of the Board, Ventic LLC, Raj Kanaya, said, "The connected vehicle is at the center of the game-changing trends in the industry – autonomous, electric, and shared. Through Ventic, we’re excited to be on this journey with Volkswagen."

Ventic's Connected Vehicle platform

The technology will also help the company to deploy solutions that differ based on the vehicle or region mode, notes the announcement. The new venture will also offer service speed and flexibility, customer experience, and operational efficiency.

The microservices-based platform architecture of the Ventic platform will help customers deploy new services faster, in parallel to the development of a smartphone application.

Apart from that, Aeris has also revealed Aeris Mobility Suite, which it says, is designed to help the automotive OEMs to deploy connected vehicle programs with more efficiency.

In the year 2019, Hyundai India Motor has also launched its connected car solution in partnership with Amazon Web Services, Vodafone Idea, Here Technologies, and SoundHound.

A few days back, Hyundai and Kia Invest $110 Million in UK Electric Van Startup, Arrival.