Skip to main content

HMI/Ohmio enter $20m investment deal in China

ITS provider HMI Technologies and its subsidiary Ohmio will develop a manufacturing plant for autonomous vehicles and an artificial intelligence transport research centre in the Heshan, China. The project is part of a $20m agreement with the city’s Industrial City Management Committee and will commence from 1 July.
June 20, 2018 Read time: 1 min
ITS provider 8502 HMI Technologies and its subsidiary Ohmio will develop a manufacturing plant for autonomous vehicles and an artificial intelligence transport research centre in the Heshan, China. The project is part of a $20m agreement with the city’s Industrial City Management Committee and will commence from 1 July.

 
Dean Zabrieszach, CEO of HMI Technologies/Ohmio, says the agreement will allow Ohmio to meet mass production requirements and boost the company’s research activities in establishing an autonomous platform solution.

Related Content

  • November 5, 2018
    Ford and Baidu to trial self-driving vehicles in China
    Ford has joined forces with technology company Baidu to test Level 4 self-driving vehicles in China over the next two years. Level 4, established by the SAE International (formerly the US Society of Automotive Engineers), will allow the vehicles to operate without intervention from a human driver. A report by CNBC says Ford’s self-driving vehicles are equipped with Baidu’s autonomous driving system Apollo. The cars are expected to be deployed in on-road tests by the end of 2018. Sherif Marakby, pr
  • January 26, 2023
    £20m to improve disabled access to transport
    UK's Coventry University will develop new research centre to make case for accessibility
  • November 5, 2018
    ST Engineering to develop ITS and AV technology in Israel
    Singapore technology company ST Engineering intends to develop ITS and autonomous vehicle (AV) capabilities in Israel following an agreement with the municipality of Ashdod. The scope of the agreement includes ITS for roads and a fleet management system for buses.
  • July 31, 2018
    Daimler and Baidu to develop automated driving and connectivity in China
    German car manufacturer Daimler has extended its partnership with technology company Baidu in China to develop automated driving and connectivity projects. The companies partnered in 2017 to develop the Baidu Apollo, an open platform intended to support the major features and functions of automated vehicles. Daimler also joined the Apollo Committee, a group whose stated aim is to accelerate research on safer solutions in automated driving and promote the drafting of related regulations. In July, Dai