Tekcapital (TEK) established Guident to create value and commercialise new technology in the autonomous vehicles and drones space.
The company announced today that Guident has appointed Johan De Nysschen, one of the top executives in the automotive industry worldwide, as a director.
Mr. De Nysschen served as senior executive in leading automotive companies including; Executive Vice President of General Motors, President of the Cadillac Motor Division, President of Infiniti Motor Company Ltd, President of Audi of America Inc, and President of Audi Japan, among other positions.
Commenting on his appointment, Mr. De Nysschen said: “Autonomous vehicles are poised to disrupt and transform the automotive industry. I believe they have the potential to democratize driving, improve safety, create a new asset class and increase the fun and utility of vehicle ownership.”
He added “New players will emerge and some will evolve into industry leaders. I’m looking forward to contributing to the growth and success of Guident,”
Dr. Clifford Gross, Chairman at Tekcapital commented: “We are delighted that Guident has appointed Johan De Nysschen as a director. “
“He is one of the world’s most successful and experienced automotive executives and we are confident he will make a significant contribution to the commercialization of Guident’s patented autonomous vehicle software technology.”
His addition as a director of Guident ltd is a major step forward, and highlights the potential value that industry executives see in the marketplace for autonomous vehicles and drone technology.
According to a report by Market Research Future, the autonomous vehicle market is expected to reach US $65.3 billion by 2027.