Hungarian-Israeli JV to develop self-driving bus comms system
Hungarian and Israeli business partners have established a joint venture to develop a communication system for dispatchers and passengers on self-driving buses, diplomatic and government officials from the two countries said at the Hungarian embassy in Tel Aviv on Sunday.
Szabolcs Szolnoki, the embassyʼs science and technology attaché, told Hungarian news agency MTI that the diplomatic mission had encouraged the Hungarian and Israeli business partners to apply for support for their project from the Hungarian-Israeli Research and Development Fund, to which the two countries have each contributed EUR 3 million.
Daniel Zucker, who is in charge of coordinating innovative transport solutions for the Israeli Prime Ministerʼs Office, said the establishment of the JV, dubbed WeVid, was the first major result of cooperation between Israel and Hungary established in the automotive industry three years earlier.
WeVid will have access to ZalaZone, Hungaryʼs new test track for self-driving vehicles, to develop its solution, according to the report.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.