Smart Eye receives SEK 700 million order, partners with several well-known automakers

Smart Eye, a Swedish technology company, announced that it has signed 35 new project orders with five automakers, including Volvo, Audi, Porsche, and General Motors, with an estimated revenue of 700 million Swedish kronor. One of the major European OEMs is using Smart Eye's technology for the first time. These new models will go into mass production in 2025 and 2026, and will continue to be produced until the mid-2030s after reaching peak production in 2028.