Business Irish

Sunday 21 July 2019

Telecom firm Cubic connects with EU e-car deal

Cubic Telecom CEO Barry Napier
Cubic Telecom CEO Barry Napier
Ellie Donnelly

Ellie Donnelly

Sandyford-based Cubic Telecom has entered a partnership with electric vehicle manufacturer e.Go to deliver specialised connectivity to e.Go's fleet of cars in European urban areas.

Cubic's Pace platform will provide vehicles with secure connectivity to monitor important components such as battery levels, telematics and available locations for charging stations.

The drivers of e.Go Life cars will join over two million other car owners already using Cubic Telecom's Pace solution worldwide.

"Electric vehicles are set to secure a strong foothold in the future of driving," said Cubic Telecom CEO Barry Napier.

"e.GO is forward-thinking and it is exciting to be part of the innovation involved in delivering such a sustainable solution to the market," he added.

Cubic, which has over 110 staff in six offices worldwide, is privately held, and has received close to €80m in funding.

Investors in the group include Audi Electronics Venture, Qualcomm, Valid, Enterprise Ireland and the Ireland Strategic Investment Fund.

Earlier this month the group announced it had entered a partnership with Panasonic Automotive.

Cubic will expand its connectivity management solution for Panasonic Automotive customers across 54 countries in North America and Europe.

Panasonic Automotive is a division company of Panasonic Corporation, and a global supplier of automotive infotainment and connectivity system solutions.

Irish Independent

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