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Phoenix Motor to Open AI Development Center in Silicon Valley to Drive Next-Generation Electric Bus Technology

Author: Benzinga Newsdesk | April 11, 2024 03:49am

Phoenix Motor Inc. (NASDAQ:PEV), a leading manufacturer of heavy-duty transit buses and electrification solutions provider for medium-duty vehicles, today announced its plans to establish an Artificial Intelligence (AI) development center in Silicon Valley, California. This new center will focus on developing next-generation self-driving technology and advanced energy management systems for shuttle buses and transit buses.

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