Get 40% Off
🚀 AI-picked stocks soar in May. PRFT is +55%—in just 16 days! Don’t miss June’s top picks.Unlock full list

Porsche partners with ClearMotion for its smooth suspension tech

Published 2024-04-09, 05:05 a/m
© Reuters. FILE PHOTO: A view shows model Mission X of Porsche, a German automobile manufacturer, displayed during an event a day ahead of the official opening of the 2023 Munich Auto Show IAA Mobility, in Munich, Germany, September 4, 2023. REUTERS/Leonhard Simon/F
P911_p
-

By Nick Carey

LONDON (Reuters) - German luxury automaker Porsche (ETR:P911_p) has partnered with ClearMotion to validate the U.S. startup's active suspension technology and road-reading software and has signed a licensing agreement for its technology, the companies said on Tuesday.

ClearMotion CEO Zack Anderson declined to say which Porsche models the company's technology could be used for, but told Reuters it could be used in any electric or combustion-engine model without any need to redesign those vehicles.

"Vehicle-motion is the next frontier in delivering a markedly superior experience for drivers and passengers," Ingo Albers, Porsche's vice president for drive systems said in a statement. "This collaboration is intended to lay the groundwork for evaluating an even closer long-term cooperation with ClearMotion."

The ClearMotion1 suspension system uses a combination of hardware - a small unit containing a motor and power electronics sits in each wheel well of a vehicle - and software to read the road ahead, which the startup says cuts motion inside a car by about 75% versus the best available technology.

Last December, ClearMotion said it would supply that technology for Nio's upcoming ET9 in a contract covering 750,000 cars over the lifetime of the luxury sedan model.

ClearMotion will also validate its RoadMotion "road surface fingerprinting software" with Porsche, which Anderson told Reuters collects road data, uploads it to the cloud then streams it back to cars to make for a more comfortable ride and avoid obstacles like potholes.

© Reuters. FILE PHOTO: A view shows model Mission X of Porsche, a German automobile manufacturer, displayed during an event a day ahead of the official opening of the 2023 Munich Auto Show IAA Mobility, in Munich, Germany, September 4, 2023. REUTERS/Leonhard Simon/File Photo

"What Porsche is excited about is really our ability to deliver performance without any sacrifice around comfort," Anderson said.

He said the startup will announce relationships with a number of other automakers in the months ahead.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.