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Tag Archives: Banma Technologies

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


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


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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