Foxconn Interconnect Technology invests $10 million in Autotalks
The Israeli Vehicle-to-Everything communication solutions provider and FIT will leverage Autotalks' automotive technology, and its recently launched ZooZ micro-mobility platform
CTech | 15:00 23.11.2021
Foxconn Interconnect Technology (FIT), a subsidiary of Foxconn (Hon Hai Technology Group), the world's largest electronics manufacturer, is investing $10 million in Autotalks, a V2X (Vehicle-to-Everything) communication solutions provider, following a strategic collaboration agreement between the two companies. FIT and Autotalks will join forces to accelerate V2X penetration across automotive and micro-mobility segments, leveraging Autotalks' automotive V2X technology, and its recently launched ZooZ micro-mobility platform. The joint micro-mobility activity will start this year, and the automotive activity will start early next year.