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Porsche partners with ClearMotion for its smooth suspension tech [Reuters]

PORSCHE AUTOMBL UNSP/ADR (POAHY) 
NASDAQ:AMEX Investor Relations: porsche-se.com/en/investor-relations
Company Research Source: Reuters
LONDON, April 9 (Reuters) - German luxury automaker Porsche has partnered with ClearMotion to validate the U.S. startup's active suspension technology and road-reading software and has signed a licensing agreement for its technology, the companies said on Tuesday. ClearMotion CEO Zack Anderson declined to say which Porsche models the company's technology could be used for, but told Reuters it could be used in any electric or combustion-engine model without any need to redesign those vehicles. "Vehicle-motion is the next frontier in delivering a markedly superior experience for drivers and passengers," Ingo Albers, Porsche's vice president for drive systems said in a statement. "This collaboration is intended to lay the groundwork for evaluating an even closer long-term cooperation with ClearMotion." The ClearMotion1 suspension system uses a combination of hardware - a small unit containing a motor and power electronics sits in each wheel well of a vehicle - and software to read Show less Read more
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