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.

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