DBT Bureau
Bengaluru, 25 September 2024
Infosys on Wednesday said it has signed a deal with Swedish EV company, Polestar under which the IT major will establish a global technology hub for Polestar at its development center in Bengaluru. The financials of the deal were not disclosed.
This engagement aims to create a base for Polestar’s development of in-car infotainment, software and electrical / electronics (SW&EE) engineering, user experience (UX), and cloud-powered digital services, the company said in an exchange filing.
Through leveraging its recent acquisition of in-tech’s capabilities, Infosys will serve the client.
This hub aims to deliver electric vehicle (EV) software development and validation across many domains including infotainment, Advanced Driver Assistance Systems (ADAS), and telematics. It will also support Polestar’s product management, customer engagement, corporate solutions, and accelerates direct-to-consumer digital services through cloud-native development, testing, and data engineering.
On the collaboration, Maria Lexe, Head of Digital at Polestar, said, “Polestar is excited to partner with Infosys to establish a tech hub in India. Infosys has a successful background with similar operations, and we are confident in their ability to lead this tech hub in order to generate IT efficiencies and empower innovation.”
Jasmeet Singh, Executive Vice President and Global Head of Manufacturing, Infosys, said, “We are excited to announce our partnership with Polestar for their strategic India Tech Hub initiative. We believe that this collaboration will enhance Polestar’s digital roadmap by leveraging India’s well-regarded software and automotive engineering talent pool. Building on Infosys’ extensive experience in automotive engineering, digital transformation, and global delivery leadership, we aim to bring the infrastructure and innovation to co-create next generation EV capabilities. We will work closely with Polestar’s global design and development hubs to set new standards in next-gen mobility.
Infosys share price closed almost flat at Rs 1,900 at NSE on Wednesday.
