Desay to Open Autonomous-Vehicle Test Center in Singapore
China’s Desay SV Automotive Ltd. is opening a research and development center in Singapore that will focus on Level 4/5 autonomous vehicle, connectivity and cybersecurity systems.
#economics
China’s Desay SV Automotive Ltd. is opening a research and development center in Singapore that will focus on Level 4/5 autonomous vehicle, connectivity and cybersecurity systems.
Desay Auto aims to incorporate the technologies in future driver assistance and communications systems. The center is supported by the Singapore Economic Development Board.
Desay Auto was formed in 1986 as a joint venture between Siemens VDO Automotive Co. and China’s Desay Corp. Desay acquired full control of the company in 2010.
With two production plants in China and tech centers in China, Europe and Japan, Desay Auto had sales of 6 billion yuan ($890 million) in 2017. The company has partnerships with Caterpillar, Chery, Great Wall, Honda, Mazda, Nissan, Toyota, Volkswagen and Volvo.
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