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Tag Archives: Banma Technologies

Alibaba Group invests $18 million in WayRay, a company that integrates AR systems into cars

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Chinese e-commerce giant Alibaba Group has invested $18 million in WayRay that makes augmented reality (AR) technology for cars. The start-up has developed an AR navigation system called Navion in which directions are shown on the windshield in a transparent holographic display, so the driver does not have to take …

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Gemalto and Banma Technologies partner to produce China’s first Internet car

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Gemalto has partnered with Banma Technologies for the production of China’s first Internet Car named as Roewe RX5. Banma Technologies is a joint venture between ALIBABA GROUP and SAIC Motor. The RX5 will be using Gemalto’s Machine Identification Module (MIM) — securing cellular M2M connections for industrial applications — and features …

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