CRNC - Cerence to develop next-generation co-pilot for Renault vehicles

• Cerence ( NASDAQ: CRNC ) shares gained 4% premarket on Monday after the automotive software company signed a multi-year agreement with Renault Group ( OTCPK:RNSDF ) ( OTCPK:RNLSY ) to build the automaker's next-generation co-pilot for an enhanced EV experience.
• The companies are collaborating to significantly enhance the in-car experience through human-like interaction with the vehicle.
• Based on Cerence Assistant ( CRNC ), the new, humanized co-pilot will be showcased on the openRlink intelligent, connected system, starting with the next-generation of Renault vehicles.
• The AI-powered capabilities may provide proactive suggestions for useful, intelligent functions; bring new vehicle functionalities for the customer, such as initial set-up and guided tours; andf help find the most optimal EV charging station based on driving behavior and location.
• A preview of the full multichannel experience will be seen on the Renault ( OTCPK:RNSDF ) ( OTCPK:RNLSY ) booth during the Paris Motor Show from October 17 to 23, 2022.

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