Next-Gen 12,000 lb DriveMod Tugger Built at Motrec Facility To Prepare For Customer Orders
Cyngn Inc. (Nasdaq: CYN) has announced the successful completion of the first build of its next-generation 12,000 lb DriveMod Tugger at the facility of its OEM partner, Motrec International Inc. This milestone marks an upgrade from 6,000 lb to 12,000 lb towing capacity and represents progress in integrating Cyngn's DriveMod technology with Motrec's MT-160 tow tractor at scale.
The collaboration aims to reduce production costs and streamline logistics for end customers. The DriveMod Tugger, designed for repetitive hauling tasks, features automatic unhitching, ruggedized touch-screen interfaces, safety lights, and the Cyngn Insight fleet management software. These tuggers are already deployed at customer facilities and available for sale.
Cyngn Inc. (Nasdaq: CYN) ha annunciato il completamento con successo della prima versione del suo innovativo Tugger DriveMod da 12.000 lb presso la struttura del suo partner OEM, Motrec International Inc. Questo traguardo segna un passaggio da una capacità di traino di 6.000 lb a 12.000 lb e rappresenta un progresso nell'integrazione della tecnologia DriveMod di Cyngn con il trattore da traino MT-160 di Motrec su larga scala.
La collaborazione mira a ridurre i costi di produzione e semplificare la logistica per i clienti finali. Il Tugger DriveMod, progettato per compiti di trasporto ripetitivi, è dotato di sgancio automatico, interfacce touch-screen robuste, luci di sicurezza e il software di gestione della flotta Cyngn Insight. Questi tugger sono già in uso presso le strutture dei clienti e disponibili per la vendita.
Cyngn Inc. (Nasdaq: CYN) ha anunciado la finalización exitosa de la primera construcción de su Tugger DriveMod de próxima generación de 12,000 lb en las instalaciones de su socio OEM, Motrec International Inc. Este hito marca una mejora de 6,000 lb a 12,000 lb en capacidad de remolque y representa un avance en la integración de la tecnología DriveMod de Cyngn con el tractor de remolque MT-160 de Motrec a gran escala.
La colaboración tiene como objetivo reducir los costos de producción y optimizar la logística para los clientes finales. El Tugger DriveMod, diseñado para tareas de transporte repetitivas, cuenta con desenganche automático, pantallas táctiles resistentes, luces de seguridad y el software de gestión de flotas Cyngn Insight. Estos tugger ya están desplegados en las instalaciones de los clientes y disponibles para la venta.
Cyngn Inc. (Nasdaq: CYN)는 OEM 파트너인 Motrec International Inc.의 시설에서 차세대 12,000 lb DriveMod Tugger의 첫 번째 빌드가 성공적으로 완료되었음을 발표했습니다. 이 이정표는 6,000 lb에서 12,000 lb로의 견인 용량 증가를 의미하며, Motrec의 MT-160 견인 트랙터와 Cyngn의 DriveMod 기술을 대규모로 통합하는 데 있어 진전을 나타냅니다.
이 협력의 목표는 생산 비용 절감 및 물류 효율화입니다. 반복적인 하역 작업을 위해 설계된 DriveMod Tugger는 자동 언히치 기능, 강력한 터치스크린 인터페이스, 안전 장비 및 Cyngn Insight 차량 관리 소프트웨어를 특징으로 합니다. 이 Tugger는 이미 고객 시설에 배치되어 있으며 판매가 가능합니다.
Cyngn Inc. (Nasdaq: CYN) a annoncé l'achèvement réussi de la première version de son Tugger DriveMod de nouvelle génération de 12 000 lb dans les installations de son partenaire OEM, Motrec International Inc. Cette étape marque un passage de 6 000 lb à 12 000 lb de capacité de remorquage et représente des progrès dans l'intégration de la technologie DriveMod de Cyngn avec le tracteur de remorquage MT-160 de Motrec à grande échelle.
La collaboration vise à réduire les coûts de production et à rationaliser la logistique pour les clients finaux. Le Tugger DriveMod, conçu pour des tâches de transport répétitives, intègre un débrayage automatique, des interfaces à écran tactile robustes, des lumières de sécurité et le logiciel de gestion de flotte Cyngn Insight. Ces tuggers sont d'ores et déjà déployés dans les installations des clients et disponibles à la vente.
Cyngn Inc. (Nasdaq: CYN) hat den erfolgreichen Abschluss des ersten Modells seines nächsten Generation 12.000 lb DriveMod Tugger im Werk seines OEM-Partners Motrec International Inc. bekannt gegeben. Dieser Meilenstein markiert ein Upgrade von 6.000 lb auf 12.000 lb Zugkapazität und stellt einen Fortschritt bei der Integration der DriveMod-Technologie von Cyngn mit dem MT-160 Zugtraktor von Motrec in größerem Maßstab dar.
Die Zusammenarbeit zielt darauf ab, die Produktionskosten zu senken und die Logistik zu optimieren für die Endkunden. Der DriveMod Tugger, der für sich wiederholende Transportaufgaben entwickelt wurde, verfügt über automatisches Abkuppeln, robuste Touchscreen-Oberflächen, Sicherheitslichter und die Flottenmanagementsoftware Cyngn Insight. Diese Tugger sind bereits in den Einrichtungen der Kunden im Einsatz und zum Verkauf erhältlich.
- Successful completion of the first 12,000 lb DriveMod Tugger build at Motrec's facility
- Doubled towing capacity from 6,000 lb to 12,000 lb
- Partnership with Motrec aims to reduce production costs and improve logistics
- DriveMod Tuggers are already deployed at customer facilities and available for sale
- None.
Insights
The successful completion of the next-generation 12,000 lb DriveMod Tugger at Motrec's facility marks a significant advancement in industrial automation. This upgrade from 6,000 lb to 12,000 lb towing capacity substantially enhances the vehicle's utility in material handling operations. The integration of Cyngn's DriveMod technology with Motrec's MT-160 tow tractor demonstrates a strategic partnership that combines cutting-edge automation with established manufacturing expertise.
Key features like automatic unhitching, ruggedized touch-screen interfaces and the Cyngn Insight software suite position this product at the forefront of smart industrial vehicles. The collaboration's focus on reducing production costs and streamlining logistics could lead to improved market penetration and customer adoption. However, the real test will be in the field performance and customer feedback, which will determine the long-term success of this upgraded model.
The decision to build the DriveMod Tugger at Motrec's facility is a strategic move that leverages existing manufacturing infrastructure and expertise. This approach can significantly reduce time-to-market and initial capital expenditure for Cyngn, while ensuring the product meets Motrec's established quality standards. The integration of high-tech automation into a proven vehicle platform minimizes production risks and allows for faster scaling of manufacturing capabilities.
From a supply chain perspective, this collaboration could lead to more efficient production planning and inventory management. However, it's important to monitor how this partnership affects production flexibility and the ability to quickly iterate on design changes. The success of this manufacturing strategy could set a precedent for similar tech-OEM partnerships in the industrial automation sector, potentially reshaping industry norms for product development and production.
The collaboration plays a crucial role in reducing production costs and delivering more streamlined logistics to end customers. By leveraging Motrec's manufacturing expertise and infrastructure, the DriveMod Tugger can provide exceptional standards of vehicle performance and reliability that Motrec is already known for.
"Our partnership exemplifies a synergistic collaboration between a high-tech company and an established OEM," said Cyngn's Vice President of Business Development, Ben Landen. "Building the first DriveMod Tugger at Motrec's facility highlights another positive step of validation for our strategy that includes leveraging complementary strengths between partners to bring the best combination of products, services, and support to the industrial automation market."
"Beginning to build DriveMod Tuggers at our facility reinforces our commitment to innovation and demonstrates our ability to evolve with the needs of our customers who are actively seeking automation solutions," adds Marc Breton, VP of Sales at Motrec. "We are excited to continue enhancing the vehicles we offer with Cyngn's cutting-edge technology that builds on our long track record of high-quality, reliable material handling solutions."
Engineered to streamline repetitive hauling tasks such as moving finished goods or delivering supplies, the next-gen DriveMod Tugger features a towing capacity of 12,000 pounds, automatic unhitching, two ruggedized touch-screen user interfaces, safety lights and indicators, and the Cyngn Insight data and fleet management software suite. DriveMod Tuggers are already deployed at customer facilities and are available for sale today.
About Cyngn
Cyngn develops and deploys scalable, differentiated autonomous vehicle technology for industrial organizations. Cyngn's self-driving solutions allow existing workforces to increase productivity and efficiency. The Company addresses significant challenges facing industrial organizations today, such as labor shortages, costly safety incidents, and increased consumer demand for eCommerce.
Cyngn's DriveMod Kit can be installed on new industrial vehicles at end of line or via retrofit, empowering customers to seamlessly adopt self-driving technology into their operations without high upfront costs or the need to completely replace existing vehicle investments.
Cyngn's flagship product, its Enterprise Autonomy Suite, includes DriveMod (autonomous vehicle system), Cyngn Insight (customer-facing suite of AV fleet management, teleoperation, and analytics tools), and Cyngn Evolve (internal toolkit that enables Cyngn to leverage data from the field for artificial intelligence, simulation, and modeling).
Find Cyngn on:
- Website: https://cyngn.com
- Twitter: http://twitter.com/cyngn
- LinkedIn: https://www.linkedin.com/company/cyngn
- YouTube: https://www.youtube.com/@cyngnhq
Investor Contact:
Don Alvarez
investors@cyngn.com
Media Contact:
Luke Renner
media@cyngn.com
About Motrec International
Motrec International Inc. is a globally recognized manufacturer of electric industrial vehicles. Established in
Find Motrec on:
- Website: https://www.motrec.com/
- LinkedIn: https://www.linkedin.com/company/motrec
- YouTube: https://www.youtube.com/@MotrecIntl
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 SEC, including, without limitation the risk factors discussed in the Company's annual report on Form 10-K filed with the SEC on March 7, 2024. 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
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