Via its innovation lab, AMAG is investing in Holo, a Danish specialist in autonomous shuttles. The automotive group will be responsible for offers and projects with Swiss partners.
AMAG invests in Holo A/S and will hold 33% of the shares of this leading company in the field of autonomous mobility and logistics solutions in Scandinavia. The Danish firm, whose shuttles already have 100,000 kilometers on the clock, will manage 15 autonomous vehicles for public transport in Oslo as part of the European research project Ultimo – a project which will also see electric minibuses deployed in Geneva.
“Already a reality overseas, ever larger fleets of autonomous vehicles will also be deployed in Europe from 2023. The AMAG group might also benefit from it, in the context of financing, maintenance and repair, or for charging services. With Holo, we have a partner for exploitation”, comments Philipp Wetzel, Managing Director of the AMAG Innovation & Venture Lab.
In Norway, as part of the European research project Ultimo, a trial is currently underway with 15 vehicles equipped with Mobileye technology, in which Holo will be the fleet operator.
The AMAG lab will be responsible for Holo’s offers and possible projects on Swiss territory. The two companies want to offer autonomous mobility solutions for both the public and private sectors and negotiations are already underway with partners in Switzerland.
“The AMAG Innovation & Venture Lab focuses on the business model, which is set to gain in relevance in the future. With our participation in the capital of Holo, the market leader in the development and operation of autonomous mobility and logistics solutions in Scandinavia, we are expanding our skills in this area”, explains Helmut Ruhl, CEO of the group. AMAG.