NIO Selects Cerence for Collaboration on Voice Technologies
Cerence Inc. (NASDAQ: CRNC) announced a partnership with NIO, a leader in China’s premium electric vehicle market, to implement advanced voice technologies in NIO's products.
Sentiment and the balance of points
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Rhea-AI Summary
Cerence Inc. (NASDAQ: CRNC) announced a partnership with NIO, a leader in China’s premium electric vehicle market, to implement advanced voice technologies in NIO's products. The collaboration aims to enhance user experience through intuitive voice assistance, leveraging Cerence's industry expertise in automotive voice innovations. Charles Kuai, Corporate Senior VP, emphasized the goal of providing an intelligent assistant experience. This partnership aligns with Cerence's mission to transform automotive experiences, focusing on connected cars and e-vehicles.
Positive
- Partnership with NIO enhances Cerence's market presence in the electric vehicle sector.
- Deployment of advanced voice technologies expected to improve user experience in NIO vehicles.
- Collaboration showcases Cerence's leadership in automotive voice innovation.
Negative
- None.
Details
News Market Reaction – CRNC
The recorded move for CRNC in the trading session of this news was -1.40%.
Data tracked by StockTitan Argus. Session date unavailable.
AI-generated analysis. How Rhea-AI works. Not financial advice.
BURLINGTON, Mass., Oct. 08, 2020 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, today announced that NIO, a pioneer in China’s premium smart electric vehicle market, has selected Cerence for collaboration to deploy voice technologies in its products. Cerence delivers its industry-leading automotive voice innovations in a flexible and advanced architecture.
“We’re proud to partner with NIO to support their users with an intuitive, intelligent, future-forward assistant experience,” said Charles Kuai, Corporate Senior Vice President & President, Greater China Region, Cerence.
To learn more about Cerence, visit www.cerence.com and follow the company on LinkedIn and Twitter.
About Cerence Inc.
Cerence (NASDAQ: CRNC) is the global industry leader in creating unique, moving experiences for the automotive world. As an innovation partner to the world’s leading automakers, it is helping transform how a car feels, responds and learns. Its track record is built on more than 20 years of knowledge and more than 325 million cars on the road today. Whether it’s connected cars, autonomous driving or e-vehicles, Cerence is mapping the road ahead. For more information, visit www.cerence.com.
Contact Information
Kate Hickman
Cerence Inc.
Tel: 339-215-4583
Email: kate.hickman@cerence.com
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