Mobis Technical Centre, India, a wholly owned subsidiary of Hyundai Mobis, South Korea, announced their collaboration with Tata Elxsi for the development of Synthetic Scene Generator Tool.
HMTCI and Tata Elxsi are working on developing a tool that can replicate every real-world scenario an automobile could encounter, which could run into millions of possibilities.
This tool would help accelerate the ongoing research and development support HMTCI is providing to their OEMs in Autonomous Driving.
Tata Elxsi's is bringing together deep expertise in digital technologies including Artificial Intelligence, Extended Reality, and Gaming to develop this advanced simulation tool that will accelerate the realization of driverless cars.
Shaju S, Head of Automotive Division of Tata Elxsi said, "Our leadership position in automotive engineering services and Autonomous driving technologies, coupled with digital capabilities will be a valuable addition for Hyundai Mobis. We are delighted to be partnering with Hyundai Mobis in realizing their vision for the future of autonomous driving."
Shares of TATA ELXSI LTD. was last trading in BSE at Rs.1015.2 as compared to the previous close of Rs. 970.9. The total number of shares traded during the day was 108294 in over 3704 trades.
The stock hit an intraday high of Rs. 1025.5 and intraday low of 970. The net turnover during the day was Rs. 108754331.