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Cyngn and Columbia Vehicle Group to Begin Building Fleet of Autonomous Industrial Vehicles
MENLO PARK, Calif.--(BUSINESS WIRE)-- Cyngn (NASDAQ: CYN), a developer of innovative autonomous driving software solutions for industrial and commercial
About this update from Cyngn Inc.
[{"type":"text","content":" MENLO PARK, Calif.--(BUSINESS WIRE)--\nCyngn (NASDAQ: CYN), a developer of innovative autonomous driving software solutions for industrial and commercial enterprises, and Columbia Vehicle Group (“Columbia”), an electric vehicle manufacturer serving industrial and commercial environments, announced today that they have kicked-off production of autonomous Columbia Stockchasers powered by Cyngn’s Enterprise Autonomy Suite (“EAS”).\nThis press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220117005537/en/Cyngn and Columbia Vehicle Group have begun production of a fleet of autonomous Columbia Stockchasers powered by Cyngn’s Enterprise Autonomy Suite. Source: Cyngn\nThis growing autonomous vehicle (“AV”) fleet will enable Cyngn to make its self-driving solutions on Columbia vehicles available to more customers. The new fleet will be equipped with the latest technologies that coincide with integrating autonomous driving capabilities into industrial vehicles, such as lithium-ion batteries with upgraded chargers and electrified vehicle controls. Furthermore, Cyngn and Columbia are jointly developing intellectual property and making end-of-line adjustments to streamline the AV build process.\n\nIn the fall of 2021, Columbia and Cyngn embarked on a partnership that would, among other things, enable select customers to become early adopters of autonomous industrial vehicles. Existing Columbia Stockchasers would be the first vehicles fit with Cyngn’s AV software, with plans to bring AV capabilities to additional vehicles in Columbia’s portfolio — through both retrofit and manufacture.\n\nLior Tal, Chairman and CEO of Cyngn, stated, “We are pleased to announce this next milestone in the adoption of autonomous industrial vehicles, which comes on the heels of our recent deployment at the Las Vegas warehouse of Global Logistics and Fulfillment (‘GLF’) with whom we are thrilled to be working as their exclusive autonomous vehicle technology partner. GLF plans to expand self-driving capabilities to multiple US-based facilities, and with the development of this new fleet of Cyngn-powered Columbia Stockchasers, we look forward to helping other organizations take advantage of the benefits of autonomous vehicles.”\n\n“Customers have been looking for ways to automate their workflows for years, and we ...