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October 26, 2016

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Savari senses prospect

SAVARI Inc, a US maker of sensors for autonomous driving, yesterday said China’s largest automaker, SAIC Motor Corp, has agreed to make and distribute Savari’s sensors in China and some Southeast Asian markets.

California-based Savari did not disclose financial terms in a statement announcing the deal.

Savari makes V2X sensors that connect vehicles to other vehicles and infrastructure, a critical component for self-driving car functions.

The company also said a self-driving test project in Shanghai will equip over 10,000 vehicles with Savari sensors.


 

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