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Cyngn Launches Dealer Portal to Facilitate the Scaled Expansion of Its Dealer Network

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Cyngn (Nasdaq: CYN) has launched a new Dealer Portal to support its expanding dealer network in selling autonomous vehicle solutions. The online resource hub provides dealers with comprehensive access to sales materials, pricing information, and co-marketing resources to streamline the sales process of DriveMod Tuggers. CEO Lior Tal emphasized that several Motrec dealers have begun selling their autonomous solutions across North and Central America, with the portal designed to accelerate technology adoption. The platform includes training materials and technical documentation to support dealers in pursuing industrial autonomy opportunities. This initiative builds on Cyngn's existing partnerships with key dealers in the industrial vehicle sector, aiming to expand their market reach and facilitate efficient implementation of autonomous solutions.
Cyngn (Nasdaq: CYN) ha lanciato un nuovo Dealer Portal per supportare la sua rete di concessionari in espansione nella vendita di soluzioni per veicoli autonomi. Questo hub online offre ai concessionari un accesso completo a materiali di vendita, informazioni sui prezzi e risorse di co-marketing, semplificando il processo di vendita dei DriveMod Tuggers. Il CEO Lior Tal ha sottolineato che diversi concessionari Motrec hanno iniziato a vendere le loro soluzioni autonome in Nord e Centro America, e il portale è stato progettato per accelerare l'adozione della tecnologia. La piattaforma include materiali di formazione e documentazione tecnica per supportare i concessionari nell'esplorazione delle opportunità di autonomia industriale. Questa iniziativa si basa sulle partnership già esistenti di Cyngn con concessionari chiave nel settore dei veicoli industriali, con l'obiettivo di ampliare la loro presenza sul mercato e facilitare l'implementazione efficiente delle soluzioni autonome.
Cyngn (Nasdaq: CYN) ha lanzado un nuevo Portal para Concesionarios para apoyar su creciente red de distribuidores en la venta de soluciones para vehículos autónomos. Este centro de recursos en línea ofrece a los concesionarios acceso completo a materiales de ventas, información de precios y recursos de co-marketing, facilitando el proceso de venta de los DriveMod Tuggers. El CEO Lior Tal destacó que varios concesionarios Motrec ya han comenzado a vender sus soluciones autónomas en Norte y Centroamérica, y el portal está diseñado para acelerar la adopción tecnológica. La plataforma incluye materiales de capacitación y documentación técnica para apoyar a los concesionarios en la búsqueda de oportunidades de autonomía industrial. Esta iniciativa se basa en las asociaciones existentes de Cyngn con distribuidores clave en el sector de vehículos industriales, con el objetivo de ampliar su alcance en el mercado y facilitar la implementación eficiente de soluciones autónomas.
Cyngn(Nasdaq: CYN)는 자율주행 차량 솔루션 판매를 지원하기 위해 확장 중인 딜러 네트워크를 위한 새로운 딜러 포털을 출시했습니다. 이 온라인 리소스 허브는 딜러들에게 판매 자료, 가격 정보 및 공동 마케팅 자원에 대한 포괄적인 접근을 제공하여 DriveMod Tuggers 판매 과정을 간소화합니다. CEO 리오르 탈(Lior Tal)은 여러 Motrec 딜러들이 북미 및 중미 전역에서 자율 솔루션 판매를 시작했으며, 이 포털이 기술 채택을 가속화하기 위해 설계되었다고 강조했습니다. 이 플랫폼에는 산업용 자율주행 기회 추구를 지원하기 위한 교육 자료와 기술 문서도 포함되어 있습니다. 이번 이니셔티브는 산업용 차량 부문의 주요 딜러들과 기존 파트너십을 기반으로 하며, 시장 확장과 자율 솔루션의 효율적 구현을 목표로 하고 있습니다.
Cyngn (Nasdaq : CYN) a lancé un nouveau portail pour concessionnaires afin de soutenir son réseau de distributeurs en pleine expansion dans la vente de solutions pour véhicules autonomes. Ce centre de ressources en ligne offre aux concessionnaires un accès complet aux supports de vente, informations tarifaires et ressources de co-marketing, facilitant ainsi le processus de vente des DriveMod Tuggers. Le PDG Lior Tal a souligné que plusieurs concessionnaires Motrec ont commencé à vendre leurs solutions autonomes en Amérique du Nord et centrale, le portail étant conçu pour accélérer l’adoption de la technologie. La plateforme inclut des supports de formation et de la documentation technique pour accompagner les concessionnaires dans la recherche d’opportunités d’autonomie industrielle. Cette initiative s’appuie sur les partenariats existants de Cyngn avec des concessionnaires clés du secteur des véhicules industriels, visant à étendre leur présence sur le marché et à faciliter la mise en œuvre efficace des solutions autonomes.
Cyngn (Nasdaq: CYN) hat ein neues Händlerportal gestartet, um sein wachsendes Händlernetzwerk beim Verkauf autonomer Fahrzeuglösungen zu unterstützen. Die Online-Ressourcenplattform bietet Händlern umfassenden Zugriff auf Verkaufsmaterialien, Preisinformationen und Co-Marketing-Ressourcen, um den Verkaufsprozess der DriveMod Tuggers zu vereinfachen. CEO Lior Tal betonte, dass mehrere Motrec-Händler begonnen haben, ihre autonomen Lösungen in Nord- und Mittelamerika zu verkaufen, und das Portal wurde entwickelt, um die Technologieakzeptanz zu beschleunigen. Die Plattform enthält Schulungsmaterialien und technische Dokumentationen, um Händler bei der Erschließung von Chancen im Bereich industrielle Autonomie zu unterstützen. Diese Initiative baut auf den bestehenden Partnerschaften von Cyngn mit wichtigen Händlern im Bereich der Industriefahrzeuge auf und zielt darauf ab, die Marktreichweite zu erweitern und die effiziente Implementierung autonomer Lösungen zu erleichtern.
Positive
  • Launch of comprehensive Dealer Portal streamlines sales process and support for dealers
  • Existing partnership with Motrec dealers across North and Central America shows market penetration
  • Portal provides training materials and technical documentation to enhance dealer capabilities
  • Strategic expansion of dealer network indicates growing market presence
Negative
  • None.

MENLO PARK, Calif., June 2, 2025 /PRNewswire/ -- Cyngn (the "Company" or "Cyngn") (Nasdaq: CYN) today announced the launch of the Cyngn Dealer Portal, an online resource hub created to support its growing dealer network. The portal provides easy access to a comprehensive suite of Cyngn assets, including sales materials, detailed pricing information, and co-marketing resources. This new tool will allow dealers to effectively present Cyngn's autonomous solutions to their customers, increasing efficiency and facilitating faster sales cycles.

"In the last several months, several Motrec dealers have begun to sell DriveMod Tuggers throughout North and Central America. With the Dealer Portal, we are making it easier than ever for dealers to access the information they need to confidently introduce our autonomous solutions to their customers. We see this as a key step in accelerating the adoption of our technology across various sectors," said Lior Tal, Cyngn's CEO.

Through the Dealer Portal, Cyngn continues to deliver on its core competency of using technology to introduce innovative, value-generating solutions to an established industry.  Partners can access information that will help them stay up-to-date with product offerings, pricing models, and marketing initiatives through a simple web portal. In addition to resources that simplify the sales process, the portal provides training materials and technical documentation to support dealers as they engage new customers and pursue opportunities in industrial autonomy.

The launch of the Dealer Portal builds on the momentum of Cyngn's Dealer Network, which includes partnerships with prominent dealers and service providers in the industrial vehicle sector. These partnerships are essential for expanding Cyngn's reach and enhancing the ability of companies in various industries to implement autonomous vehicle solutions efficiently.

Dealers who are not yet part of Cyngn's network are encouraged to explore the benefits of joining. For more information about joining Cyngn's Dealer Network and gaining access to the Dealer Portal, please visit: https://www.cyngn.com/company/dealer-network.

About Cyngn

Cyngn develops and deploys autonomous vehicle technology for industrial organizations like manufacturers and logistics companies. The Company addresses significant challenges facing industrial organizations today, such as labor shortages and costly safety incidents.

Cyngn's DriveMod technology empowers customers to seamlessly bring self-driving technology to their operations without high upfront costs or infrastructure installations. DriveMod is currently available on Motrec MT160 Tuggers and BYD Forklifts.

The DriveMod Tugger hauls up to 12,000 lbs, travels inside and out, and targets a typical payback period of less than 2 years. The DriveMod Forklift lifts heavy loads that use non-standard pallets and is currently available to select customers. For all terms referenced within, please refer to the Company's annual report on Form 10-K with the SEC filed on March 6, 2025.

Investor Contact
investors@cyngn.com

Media Contact
Luke Renner | Head of Marketing
media@cyngn.com 

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Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Any statement that is not historical in nature is a forward-looking statement and may be identified by the use of words and phrases such as "expects," "anticipates," "believes," "will," "will likely result," "will continue," "plans to," "potential," "promising," and similar expressions. These statements are based on management's current expectations and beliefs and are subject to a number of risks, uncertainties and assumptions that could cause actual results to differ materially from those described in the forward-looking statements, including the risk factors described from time to time in the Company's reports to the Securities and Exchange Commission (SEC), including, without limitation the risk factors discussed in the Company's annual report on Form 10-K filed with the SEC on March 6, 2025. Readers are cautioned that it is not possible to predict or identify all the risks, uncertainties and other factors that may affect future results. No forward-looking statement can be guaranteed, and actual results may differ materially from those projected. Cyngn undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise.

 

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SOURCE Cyngn

FAQ

What is the purpose of Cyngn's new Dealer Portal?

Cyngn's Dealer Portal is an online resource hub that provides dealers with sales materials, pricing information, and co-marketing resources to help them effectively sell Cyngn's autonomous solutions to customers.

How does the CYN Dealer Portal benefit Cyngn's sales process?

The portal streamlines the sales cycle by providing dealers easy access to comprehensive sales materials, pricing information, training resources, and technical documentation for Cyngn's autonomous solutions.

Which regions are currently served by Cyngn's dealer network?

Cyngn's dealer network, including Motrec dealers, currently serves North and Central America.

How can dealers join Cyngn's dealer network?

Interested dealers can explore joining Cyngn's network by visiting https://www.cyngn.com/company/dealer-network.

What products are Cyngn dealers currently selling?

Cyngn dealers are currently selling DriveMod Tuggers, which are autonomous vehicle solutions for industrial applications.
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