Groupe Renault will acquire a 35 percent stake in a new joint venture, Autonomous Vehicle Simulation (AVS), formed together with Oktal, a subsidiary of Sogeclair, a French aerospace and simulation company. This step will allow Renault and the Renault-Nissan Alliance to continue delivering a menu of advanced technologies by furthering autonomous vehicle development testing in a virtual environment.
AVS partnership will also benefit the Renault-Nissan Alliance, which has committed to launch more than 10 vehicles with autonomous capabilities by 2020. The Alliance has already engaged in the virtual testing of Autonomous vehicles using SCANeRTM simulation software, originally invented by Renault, that was co-developed with Oktal.
This new joint venture will acquire the automotive assets of Sogeclair’s Oktal subsidiary, which will be transferred to the newly formed company. Simulation testing has become strategic for the automotive industry with the widespread use of assistive technologies and autonomous cars. The new developments in products and services aim to strengthen the position of SCANeRTM simulation software as the world leader.