Cipia Awarded Three Additional Design Wins by Carmaker Chery

Rhea-AI Summary

Cipia (TASE: CPIA) has secured three additional design wins with OEM Chery, increasing their total to six models, all set to begin production in 2023. CEO Yehuda Holtzman expressed confidence in the partnership for advancing driver safety through Cipia's Driver Sense monitoring system. This technology uses AI and computer vision to monitor driver behavior, detecting drowsiness and distractions. The new models will be marketed globally, including in Europe, Australia, and the Middle East. The company currently holds 28 design wins across five manufacturers.

Positive

• Secured three additional design wins with Chery, bringing total to six models.
• All new models expected to start production during 2023.
• Driver Sense technology enhances driver safety through real-time monitoring.

Negative

• None.

Bringing the total number of wins with Chery to six models, all expected to start production during 2023

TEL AVIV, Israel, Oct. 18, 2022 /PRNewswire/ -- Cipia (TASE: CPIA), an AI computer vision in-cabin automotive solutions provider, today announced that the company has secured three additional design wins with OEM Chery, now reaching a total of six models with this carmaker. All models are set to start production during 2023.

 

 

Yehuda Holtzman, CEO of Cipia, said "We are delighted that Chery has demonstrated its confidence in Cipia's DMS solutions and has committed to deepening our relationship with these new design awards. We look forward to our long-term collaboration, delivering a safer experience for drivers, passengers, and road users globally."

Cipia's Driver Sense driver monitoring system (DMS) employs advanced computer vision and AI to monitor the driver's state in real time. The technology detects signs of drowsiness, distraction, seatbelt, holding a phone while driving and more, enabling carmakers to provide lifesaving alerts to the driver.

The new Chery models will be sold globally, in territories including Europe, Australia and the Middle East.

About Cipia:

Cipia is a leading provider of intelligent sensing solutions that use edge-based computer vision and AI for safer and better mobility experiences. The company's product lineup includes: Driver Sense – driver monitoring system, Cabin Sense - occupancy monitoring systems and Cipia-FS10, a video telematics and a driver monitoring solutions for telematics service providers and fleets.

Over a decade of research and development stand behind the company's proprietary market-leading computer vision technology, which has been selected by OEMs globally and serves vehicles on the roads today.

To date, Cipia holds 28 design wins across 5 car manufacturers. Cipia's OEM customers currently include Chery, an electric car manufacturer in the US, SAIC Motors, an American car brand in China, and an additional leading car manufacturer in China.

Cipia Company Contact:
Lazer Cohen
lazer@westraycommunications.com
347-753-8256

Liat Rostock
Liat.R@cipia.com

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SOURCE Cipia

FAQ

What are the recent design wins announced by Cipia?

Cipia announced three additional design wins with Chery, totaling six models.

When will the new Chery models with Cipia technology start production?

The new Chery models are expected to start production during 2023.

What technology does Cipia provide for Chery's new models?

Cipia provides the Driver Sense monitoring system, which uses AI and computer vision.

In which regions will the new Chery models be sold?

The new models will be sold in Europe, Australia, and the Middle East.

How many design wins does Cipia have in total?

Cipia currently holds 28 design wins across five car manufacturers.