09:11:47 EDT Thu 25 Apr 2024
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BlackBerry Ltd
Symbol BB
Shares Issued 580,346,426
Close 2023-01-05 C$ 4.77
Market Cap C$ 2,768,252,452
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BlackBerry cheers Pateo addition to Dongfeng's Voyah

2023-01-05 10:00 ET - News Release

Mr. John Chen reports

BLACKBERRY ANNOUNCES FIRST IVY DESIGN WIN AS DONGFENG MOTOR SELECTS PATEO DIGITAL COCKPIT FOR NEXT-GENERATION ALL-ELECTRIC VOYAH MODEL

Dongfeng Motor, one of China's largest automakers, has selected a BlackBerry Ltd. Ivy-powered Pateo digital cockpit for the automaker's next-generation, all-electric Voyah H97 model, following the successful completion of a proof of concept (POC) project.

As a result of the agreement, Dongfeng can now rapidly deploy innovative new applications to help enhance the in-vehicle experience for drivers and passengers alike. Set to enter mass production in 2024, the premium BlackBerry Ivy-enabled Voyah H97 model will also incorporate Electra Vehicles, Inc.'s BlackBerry Ivy-powered AI (artificial intelligence) battery management solution -- EVE-AI -- designed to provide real-time, personalized recommendations for EV (electric vehicle) battery management to improve EV range and lifetime, and to alleviate drivers' range anxiety.

With Pateo's vast network of partners encompassing intelligent voice, entertainment/content, vehicle health monitoring, secure payments and more, the company plans to further deploy BlackBerry Ivy to Chinese automakers.

"With this first design win for Ivy, Pateo is proud to further cement our already-strong working relationship with BlackBerry, whose global automotive software industry expertise is second-to-none, said Ken YING, founder and chairman of Pateo. "As a leading automotive intelligent connectivity company over the past 13 years, we have made significant R&D [research and development] investments in many areas including the head unit, OS [operating system], apps, cloud, AI [artificial intelligence] and mapping technologies with a view to further entrenching our ability to meet the vast demand for Chinese automakers to push the envelope of software-defined vehicles and continuously deliver engaging new features and capabilities for consumers. With BlackBerry's help, we're better positioned than ever before to achieve this vision and expect that this will be the first of many design wins as we look to build on our initial successes and develop deeper working relationships with automakers in China and around the world."

"We're delighted to announce the first design win for BlackBerry Ivy. It's a pleasure to have one of China's largest OEMs [original equipment manufacturer] select BlackBerry Ivy as they look to double down on the success of their premium all-electric model lineup, and to continue to strengthen our relationship with Pateo, who have demonstrated that they are a strong candidate to address the vast potential of the Chinese market," said John Chen, executive chairman and chief executive officer at BlackBerry. "Chinese car buyers expect automakers to offer a vehicle that delivers innovative solutions and functionalities also after it's left the dealer's lot. With BlackBerry Ivy, Dongfeng now has a powerful platform to do just that and which will help to create additional revenue streams by enabling the development and delivery process for new in-vehicle solutions and services, ensuring their customers continuously benefit from data-driven applications and use cases that surprise and delight over the lifetime of their cloud-connected vehicles."

Announced in 2020 as part of a multiyear global agreement, BlackBerry Ivy is a scalable, cloud-connected software platform co-developed with Amazon Web Services Inc. Automakers can use BlackBerry Ivy to help create in-vehicle services that respond to and enhance driver and passenger experiences.

The expanded relationship and continued traction within the Chinese automotive industry marks another milestone between the two companies which announced earlier this year that Pateo's intelligent cockpit, Pateo Connect+, is powered by BlackBerry QNX technology and has been selected by five separate OEMs for deployment in 10 individual models.

BlackBerry's full suite of automotive offerings, including BlackBerry Ivy, will be demonstrated at the Consumer Electronics Show (CES) in Las Vegas from Jan. 5 to Jan. 8, 2023, at the Las Vegas Convention Center alongside Electra's EVE-AI software. Visit BlackBerry at booth No. 4025 in the West Hall.

About BlackBerry Ltd.

BlackBerry provides intelligent security software and services to enterprises and governments around the world. The company secures more than 500 million end points, including 215 million vehicles. Based in Waterloo, Ont., the company leverages AI and machine learning to deliver innovative solutions in the areas of cybersecurity, safety and data privacy solutions, and is a leader in the areas of end point security, end point management, encryption and embedded systems. BlackBerry's vision is clear -- to secure a connected future you can trust.

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