ClearMotion secures order from EV maker Nio for suspension technology
NIO(NIO) Market Watch·2023-12-23 08:31
ClearMotion, which makes road sensing software to improve suspension in vehicles, said it had secured a production order from global electric vehicle company NIO.The production order is for three million units of ClearMotion’s patented suspension technology which will be used to equip NIO NIO, +1.57% electric vehicles.ClearMotion was founded out of MIT and has locations in Boston in the U.S., Birmingham in the U.K., and Shanghai, China. The company’s software works by adapting the vehicle to the road surfac ...