German LiDAR Specialist Ibeo Automotive Systems Chooses Detroit as the Home for Its U.S. Subsidiary
Germany’s LiDAR specialist, Ibeo Automotive Systems GmbH , has identified Detroit as the ideal location for new United States subsidiary, Ibeo Automotive USA Inc. The new entity – established in the apex of the U.S. automotive will give Ibeo Automotive Systems the ability to expand its business segment into the growing U.S. automated and connected vehicle market.
“We want to achieve greater growth in the U.S. market. Alongside China, it is one of the most important markets for autonomous driving. The incorporation of Ibeo Automotive USA Inc. was a logical next step for us,” says Mario Brumm, associate and director global operations of Ibeo Automotive Systems. “We chose Detroit for its headquarters as it is the home of the American automotive industry, and also a good midpoint between Hamburg and Silicon Valley where there is a strong mobility movement.”
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