From Investing.com:



US startup ClearMotion has secured a contract with Chinese EV maker Nio to supply its active suspension technology for the upcoming ET9 luxury sedan model. The contract covers 750,000 cars over the lifetime of the model, and ClearMotion’s founder and chief technology officer, Zack Anderson, stated that the company’s suspension system can reduce motion inside the car by about 75% compared to the current best technology in the market. ClearMotion is also in talks with other automakers and aims to build more production close to future customers. The technology will initially be used for luxury vehicles, as automakers want to make their new EVs stand out. ClearMotion has raised $350 million to date, and its key investors include venture capital firm New Enterprise Associates, Nio’s venture capital arm, NIO Capital, venture capital fund Nextview Ventures, and JPMorgan.



Original: ClearMotion to supply smooth suspension tech for Nio’s ET9 EV By Reuters