Cyngn says it will be installing its DriveMod Tugger at a “global Fortune 500 automotive supplier”. The company says this milestone highlights its “growing proven ability to meet the unique demands of the automotive manufacturing industry and deliver innovative autonomous vehicle solutions”.
The automotive supplier company – whose name is withheld for confidentiality – intends to integrate DriveMod Tuggers to automate the transfer of finished goods.
Cyngn’s solutions continue to provide value within the sector, with this announcement building on the company’s prior commercial contract with a separate, major manufacturer in the automotive service equipment space and a letter of intent that was signed in Q4. [Read more…] about Cyngn signs contract to provide its tugger to another automotive supplier