Autotalks doubles backlog orders to $200 million, wins contracts with OEMs in Europe, Japan, China

KFAR NETTER, Israel - April 20, 2022 - PRLog -- Autotalks, a world leader in V2X (Vehicle-to-Everything) communication solutions, announced that it has doubled its backlog orders in 2021 to $200 million. By 2021, Autotalks has doubled the number of its automotive OEMs clients to six, after winning contracts to provide its V2X chipsets to three additional top auto manufacturers – one in Europe, one in Japan, and one in China. That adds to the earlier win of Volkswagen's next-generation Telematics platform. The company has been supplying its V2X chipsets for global infrastructure and smart city projects and has secured contracts for future large projects.

The V2X market in which Autotalks is operating is growing rapidly. Virtually all RFIs (Requests for Information) or RFQs (Requests for Quotes) of Telematics Control Units (TCUs) in 2021 required the installation of V2X devices. Alternatively, some OEMs are adding dedicated standalone V2X Electronic Control Units (ECUs). This trend was partly driven by the perpetrations toward the inclusion of V2X in the safety performance assessment program EuroNCAP in Europe and the similar Chinese program C-NCAP.

"There are good reasons why 2021 was a very good year for us," said Hagai Zyss, CEO of Autotalks. "Autotalks offers the world's only dual-mode V2X chipset solution, which suits both the DSRC protocol provided for Volkswagen and all other OEMs and infrastructure vendors deploying in Europe and the C-V2X protocol that is used in the US and China. We offer flexible architecture, backed up by an innovative roadmap that matches the requirements of OEMs. On top of that, our V2X system is isolated in a way that provides the highest possible security and safety."

Zyss continued: "Looking forward towards 2022, we expect additional major wins of top OEMs. Simultaneously, we aim to use our V2X-based micro-mobility platform, ZooZ, in order to expand safety for vulnerable road users such as cyclists and e-scooter riders."

Know more about Autotalks at: https://auto-talks.com