(AOF) – The LISI group and Watch Out have been partners for nearly 20 years in the field of high-precision machining, then in the development of a disruptive AI solution for fully autonomous machining which is now now operational. Lisi decided to support Watch Out in the deployment of this turnkey autonomous precision machining solution, now ready to scale up. This group is strengthening its partnership with Watch Out by taking a minority stake in its holding company through a capital increase.
AOF – LEARN MORE
Negotiations with manufacturers
On average, equipment manufacturers represent between 60 to 85% of the manufacturing cost price of a vehicle. According to the Federation of Vehicle Equipment Industries (Fiev) negotiations are very tense with manufacturers regarding the passing on of the increase in costs. The price increases concern electronic components, raw materials, such as steel, nickel, lithium or palladium, energy and transport. The equipment manufacturers mainly negotiate with Stellantis and Renault to set up indices to pass on the increases. They are also betting on innovation, differentiation, moving upmarket and internationalization.