Cyngn, a developer of AI-powered autonomous driving solutions for industrial applications, has signed paid “pre-order agreement” with Arauco, a producer of sustainable forestry products, pulp, and engineered wood that supplies the furniture and construction industries.
The initial 100 autonomous electric DriveMod-enabled forklifts aim to enhance Arauco’s operations and drive efficiency in their material handling processes in the near future.
The company says this pre-order agreement marks a significant milestone in Cyngn’s DriveMod Forklift initiative that was first announced in June and exemplifies the two companies’ collaborative efforts to power AI innovations. [Read more…] about Cyngn agrees ‘pre-order’ deal with Arauco for 100 autonomous electric forklifts