Swiss startup Neural Concept raises $27M to cut EV design time to 18 months | TechCrunch
As pressure from Chinese competitors intensifies and the EV market stalls, major U.S. and European auto manufacturers are racing to cut the cost of producing electric vehicles so they can get to the price tags and profit margins of internal combustion engine (ICE) cars. But to do that, they must find ways to make the design process faster and more efficient.
Neural Concept, a company spun out from the Swiss Federal Institute of Technology in Lausanne (EPFL), has raised $27 million in a Series B ...
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