Cipia strengthens its global strategy with the appointment of a senior business authority with deep ties and understanding of the Chinese automotive markets
TEL AVIV, Israel, 22 August 2024 – Cipia (TASE: CPIA), a leading provider of computer vision AI in-cabin automotive solutions, today announced the appointment of Dr. Yuebing Lu as Chairman of its Global Advisory Board. This strategic move serves to enhance Cipia’s global presence and deepen its penetration of key automotive markets.
Dr. Lu brings a wealth of experience and an extensive network in both Western and Chinese business environments. A graduate of Tsinghua University with a Ph.D. from Cambridge University, Dr. Lu has played pivotal roles in major corporations including Ford, Caterpillar, and Alstom, significantly contributing to their success in the Chinese market.
Currently serving as Chairman of the Board for Air Liquide (China) Holding Company, which operates 120 facilities across China, Dr. Lu’s expertise spans automotive, industrial partnerships, and business development in key sectors relevant to Cipia’s growth strategy.
“We are thrilled to welcome Dr. Yuebing Lu as the Chairman of our Global Advisory Board,” said Yehuda Holtzman, CEO of Cipia. “His unparalleled experience and deep roots in the Chinese market will be invaluable as we continue to expand our global footprint in the automotive industry. Dr. Lu’s insights will be an important contribution in shaping our strategy and strengthening our position as a leader in in-cabin sensing solutions.”
“I am excited to join Cipia at this pivotal time in the automotive industry,” said Dr. Yuebing Lu. “Cipia’s innovative technologies in driver and occupancy monitoring systems have immense potential in enhancing vehicle safety and the overall driving experience. I look forward to contributing my experience to help Cipia navigate the complexities of global markets and accelerate its growth trajectory.”
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About Cipia:
Cipia is a leading provider of intelligent sensing solutions that use edge-based computer vision and AI for safer and better mobility experiences. The company’s product lineup includes Driver Sense (driver monitoring system), Cabin Sense (driver and occupancy monitoring system) and Cipia-FS10, a video telematics and driver monitoring solution for telematics service providers and fleets.
Over a decade of research and development stand behind the company’s proprietary market-leading computer vision technology, which has been selected by OEMs globally and serves vehicles on the roads today.
To date, Cipia holds 67 design wins across 11 car manufacturers in the US, Europe and China.
For more information on Cipia’s aftermarket solution, visit: https://fs10.cipia.com/