From Investing.com:

Foresight Autonomous Holdings has signed a collaboration agreement with a prominent China-based global Electric Vehicle (EV) OEM, specializing in EVs and rechargeable batteries. The initial phase involves a proof of concept (POC) project to assess Foresight’s 3D perception capabilities with the objective of potentially enhancing the OEM’s automotive vision solution. If successful, both parties aim to enter negotiations for a commercial agreement. The OEM plans to introduce Foresight’s technology to its subsidiaries, customers, and partners. As a result, shares of FRSX are down 9.93% in mid-day trading on Friday.



Read more: Foresight announces collaboration with Chinese EV brand By Investing.com