Cyngn says it has received a signed Letter of Intent (LOI) from “a major automotive supplier to sell and deploy multiple DriveMod Tuggers in early 2025”.
This achievement demonstrates Cyngn’s continued traction with its Enterprise Autonomy Suite automation solutions for heavy manufacturing industries. Just last week, Cyngn announced a new contract with a different automotive manufacturing customer.
The automotive supplier – who remains unnamed due to confidentiality – will utilize the DriveMod Tuggers to streamline intra-facility logistics. The global automotive supplier has several similar distribution facilities as well as manufacturing facilities in North America alone. [Read more…] about Cyngn reaches agreement to sell ‘multiple’ DriveMod Tuggers to major automotive supplier