Industry partners invest $11M in second phase of Mcity funding

Eleven companies are investing a total of $11 million in the second phase of industry funding for Mcity, the University of Michigan-led, public-private, research-and-development initiative leading the transformation to connected and automated mobility.

Industry’s continuing interest reflects Mcity’s success in building an ecosystem of companies committed to the center’s mission, said Mcity director Huei Peng, the Roger L. McCarthy Professor of Mechanical Engineering.

That mission seeks to accelerate the development and implementation of connected and automated vehicles to improve traffic safety, conserve energy, and increase accessibility to transportation.

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