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Arrow Electronics Enables First Hong Kong-Designed Open-source Concept Electric Vehicle

HONG KONG, CHINA–(Marketwired – Sep 20, 2016) – Arrow Electronics, Inc., (NYSE: ARW) the global technology company providing products and services that guide innovation forward, today announced it provided technology framework and guidance to support the development of Hong Kong’s first concept electric vehicle (EV) through the EVTech Makerthon project organized by the Hong Kong Science and Technology Park Corporation (HKSTP) and Makerbay. It is also the first EV built on open-source technologies that will help shape the future development of sustainable transport.

The EV was built at MakerBay, the first large-scale makerspace in Hong Kong, over the summer by a group of over 20 students as part of the Formula E’s education program. Building on this, Robotics Garage under HKSTP with support from Arrow and MakerBay, organised the EVTech Makerthon to gather local innovators turning this concept EV into a futuristic smart car over 10 days. The vehicle is battery powered and enabled by sensors, computer vision, artificial intelligence and various technologies. The new vehicle aims to provide an entire new experience of mobility, and it will be displayed at FIA Formula E Hong Kong ePrix in October.

Read more at http://www.stockhouse.com/news/press-releases/2016/09/20/arrow-electronics-enables-first-hong-kong-designed-concept-electric-vehicle#0yyZock6DTTV1Awk.99

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