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News, Analysis & Perspective on Autonomous Vehicles

Magna acquires tech, hires engineers of autonomous vehicle startup Optimus Ride

Magna has acquired the technology, IP and assets of Optimus Ride, a startup based in Boston that was trying to commercialize electric autonomous shuttles. As part of the deal announced Tuesday, Magna has hired more than 120 employees of Optimus Ride. The financial terms of the agreement were not disclosed,

https://techcrunch.com/2022/01/11/magna-acquires-autonomous-vehicle-startup-optimus-ride/

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