financetom
Technology
financetom
/
Technology
/
Honda, Amazon Collaborate On EV Development With Generative AI And IoT
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Honda, Amazon Collaborate On EV Development With Generative AI And IoT
Jan 8, 2025 8:17 AM

On Tuesday, Honda Motor Company, Ltd. ( HMC ) partnered with Amazon.com, Inc. ( AMZN )‘s Amazon Web Services (AWS) to transition its automobiles into software-defined vehicles (SDVs).

Using AWS's compute, generative AI, and IoT capabilities, along with its data lake built on AWS, Honda ( HMC ) will utilize the Digital Proving Ground (DPG) platform to develop SDVs.

This collaboration will help accelerate the delivery of new electric vehicle (EV) features and mobility solutions.

Honda ( HMC ) is using AWS to accelerate the development of software-defined vehicles (SDVs) through its cloud-based Digital Proving Ground (DPG).

The platform collects real-time vehicle data, estimates EV range, tracks energy consumption, and delivers over-the-air updates.

By shifting design and testing to the cloud, Honda ( HMC ) reduces reliance on physical hardware, cutting costs and speeding up development.

AWS IoT services help Honda ( HMC ) enhance vehicle safety and autonomy by enabling continuous software updates and predictive maintenance.

Additionally, Honda ( HMC ) plans to use Amazon Kinesis Video Streams to develop AI-powered video analytics that detect abnormal movements and alert drivers to potential risks.

Ozgur Tohumcu, director of Automotive and Manufacturing at AWS said, "Vehicles now function as intelligent, connected platforms on wheels, not just stand-alone machines. Generative AI will help automakers develop new features while bringing new models to consumers faster and more cost-effectively."

Investors can gain exposure to the stock via SPDR S&P Kensho Smart Mobility ETF ( HAIL ) and The 2023 ETF Series Trust II GMO International Value ETF .

Price Action: HMC shares are down 0.33% at $30.21 premarket at the last check Wednesday.

Read Next:

Sony Unveils Pricing Of Afeela Electric Vehicle: Here’s How Much EV From PlayStation Maker Will Cost

Image: Honda ( HMC )

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Deep Dive Into Intuit Stock: Analyst Perspectives (12 Ratings)
Deep Dive Into Intuit Stock: Analyst Perspectives (12 Ratings)
Oct 3, 2024
Across the recent three months, 12 analysts have shared their insights on Intuit , expressing a variety of opinions spanning from bullish to bearish. In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total...
KKR-backed Malaysian telecom infrastructure group OMS to revisit IPO plan 
KKR-backed Malaysian telecom infrastructure group OMS to revisit IPO plan 
Oct 3, 2024
By Yantoultra Ngui SINGAPORE, Sept 30 - Malaysian telecom infrastructure and subsea cable services company OMS Group will revisit its plan for an initial public offering in the next few years and is not ruling out a listing on the domestic stock exchange, its top executive said. OMS shelved its Malaysian IPO plan last year as KKR invested $400 million...
Assessing Impinj: Insights From 10 Financial Analysts
Assessing Impinj: Insights From 10 Financial Analysts
Oct 3, 2024
10 analysts have expressed a variety of opinions on Impinj ( PI ) over the past quarter, offering a diverse set of opinions from bullish to bearish. The table below summarizes their recent ratings, showcasing the evolving sentiments within the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 3...
Here's Why China is Urging Its Companies to Forgo Nvidia's Chips
Here's Why China is Urging Its Companies to Forgo Nvidia's Chips
Oct 3, 2024
In a move to strengthen its semiconductor industry and counter U.S. sanctions, Beijing is reportedly encouraging Chinese firms to prioritize locally produced artificial intelligence (AI) chips over those from Nvidia Corp. ( NVDA ) . What Happened: Chinese regulators are discouraging companies from purchasing Nvidia’s H20 chips, which are utilized for developing and operating AI models. This policy, more of...
Copyright 2023-2026 - www.financetom.com All Rights Reserved