Nexen’s Žatec factory produces first OE fitment tires
Tire manufacturer Nexen Tire has announced that its manufacturing plant in Žatec, Czech…
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Mar 4, 2021
BERLIN (Reuters) – German automotive parts maker Continental AG said on Tuesday it had acquired a minority stake in German-U.S. start-up Recogni, as it deepens its expertise in autonomous driving technology.
The start-up is working on a new chip architecture for object recognition in real time based on artificial intelligence, Continental said, adding that it expects chip architecture rollout production in 2026.
Financial details were not disclosed.
Source: Reuters
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