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 22, 2020
    Cognitive Pilot and Fitsco collaborate on R&D
    Russian and Chinese firms will work on smart cities and autonomous driving projects
  • November 27, 2017
    ITS Australia appoints new president and board of directors
    ITS Australia has announced Dean Zabrieszach will be replacing Brian Negus as its new president, supported by Dennis Walsh as vice president, and has also confirmed a new board of directors. New and re-elected board members include Dale Andrea – VicRoads, Chen Cai – Data61/ The Commonwealth Scientific and Industrial Research Organisation, James Hurnall – Federal Chambers of Automotive Industries, Mark Jackman – Robert Bosch Australia, Mark Jackman – Robert Bosch Australia and Jeff McCarthy
  • February 9, 2018
    Renault-Nissan-Mitsubishi to explore China car-sharing partnership
    Automotive alliance Renault-Nissan-Mitsubishi (RNM) has signed a memorandum of understanding with mobile transportation platform DiDi Chuxing (DiDi) to explore future cooperation on a new electric vehicle (EV) car-sharing program in the People’s Republic of China. The agreement underlines RNMs commitment to new mobility services as part its Alliance 2022 strategic midterm plan. The Alliance aims to eventually deploy 12 electric models worldwide, using EV platforms and components. In addition, it plans to
  • April 25, 2013
    Insight into China's smart cities initiatives
    Schneider Electric, which has been playing an active role in smart transportation systems in China since 1990, provides an insight into smart city initiatives in the country. Today, most cities across the world are facing unprecedented growth, which questions the viability of the current development model. They are immersed in a competition with each other, both domestically and internationally, in terms of investments, jobs and talents. Cities need to become more attractive and intelligent by becoming more