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

  • September 30, 2021
    China paves way to enhanced safety with C-V2X
    China is blazing a trail for C-V2X technology and paving the way for deployments worldwide, explains Qualcomm Technologies' Jim Misener
  • July 24, 2018
    Hyperloop TT to build route in China
    Hyperlopp Transportation Technologies will implement a Hyperloop system in China which will start with a 10km commercial agreement at Tongren, a prefecture-level city in eastern Guizhou Province. Hyperloop says the system will help connect the region to the rest of the world. The project stems from an agreement with the tourist attraction investor Tongren Transportation & Tourism Investment. HyperloopTT will provide the technology, engineering and equipment as well as work with the city’s government
  • March 5, 2021
    Geely flies high with China AV satellites
    Geely expects to start launching this year for autonomous vehicles and V2X comms
  • May 28, 2019
    Fujitsu and Autonomic to focus on MaaS adoption
    Fujitsu is sharing its digital technologies with Autonomic, a subsidiary of Ford Smart Mobility, to support the automotive industry in transitioning to Mobility as a Service (MaaS) models. The partners will deliver Autonomic’s Transportation Mobility Cloud (TMC) and Fujitsu systems integration services to Ford Motor, followed by a rollout to other automakers globally. Fujitsu says Autonomic’s TMC, supported by Amazon Web Services, connects to connected vehicles, mass transit and city infrastructure with