BENGALURU, Republic of India, Sept. 25, 2024 /PRNewswire/ — Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a world chief in next-generation virtual products and services and consulting, nowadays introduced a strategic collaboration with Polestar (NASDAQ: PSNY), the Swedish electrical efficiency automobile logo. This engagement objectives to develop a bottom for Polestar’s construction of in-car infotainment, Device and Electric / Electronics (SW&EE) engineering, consumer revel in (UX), and cloud-powered virtual products and services. Infosys will even leverage in-tech, its unedited acquisition within the R&D territory, to enrich the engagement.

Infosys will identify a world generation hub for Polestar at its construction heart in Bengaluru, Republic of India. This hub objectives to bring electrical car (EV) device construction and validation throughout many domain names together with infotainment, Complex Driving force Support Methods (ADAS), and telematics. It additionally helps Polestar’s product control, buyer engagement, company answers, and hurries up direct-to-consumer virtual products and services via cloud-native construction, checking out, and knowledge engineering. Polestar will get pleasure from leveraging Infosys’ strategic property like engineering labs, design studio, and Infosys Dwelling Labs to fortify innovation.

Maria Lexe, Head of Virtual at Polestar, mentioned, “Polestar is excited to partner with Infosys to establish a tech hub in India. Infosys has a successful background with similar operations, and we are confident in their ability to lead this tech hub in order to generate IT efficiencies and empower innovation.”

Sven Bauer, Head of Device at Polestar, mentioned, “Polestar is starting a new chapter in the company’s global setup with our partner Infosys in Bengaluru. We look forward to building automotive competence in the Polestar Tech Hub to support our growing vehicle portfolio and new model launches.”

Jasmeet Singh, Government Vice President and World Head of Production, Infosys, mentioned, “We are excited to announce our partnership with Polestar for their strategic India Tech Hub initiative. We believe that this collaboration will enhance Polestar’s digital roadmap by leveraging India’s well-regarded software and automotive engineering talent pool. Building on Infosys’ extensive experience in automotive engineering, digital transformation, and global delivery leadership, we aim to bring the infrastructure and innovation to co-create next generation EV capabilities. We will work closely with Polestar’s global design and development hubs to set new standards in next-gen mobility.”

About Polestar

Polestar (NASDAQ: PSNY) is the Swedish electrical efficiency automobile logo ambitious to beef up people by means of the use of design and generation to boost up the shift to sustainable mobility. Headquartered in Gothenburg, Sweden, its vehicles are to be had on-line in 27 markets globally throughout North The united states, Europe and Asia Pacific.

Polestar plans to have a line-up of 5 efficiency EVs by means of 2026. Polestar 2, the electrical efficiency fastback, introduced in 2019. Polestar 3, the SUV for the electrical month, introduced in past due 2022. Polestar 4, the SUV coupé reworked, is launching in stages via 2023 and into 2024. Polestar 5, an electrical four-door GT and Polestar 6, an electrical roadster, are coming quickly.

The Polestar 0 challenge helps the corporate’s motivated purpose of constructing a really climate-neutral manufacturing automobile by means of 2030. The analysis initiative additionally objectives to develop a way of urgency to behave at the weather emergency, by means of difficult staff, providers and the broader automobile trade, to pressure in opposition to 0.

About Infosys

Infosys is a world chief in next-generation virtual products and services and consulting. Over 300,000 of our folk paintings to magnify human possible and develop the subsequent alternative for folk, companies and communities. We permit purchasers in additional than 56 nations to navigate their virtual transformation. With over 4 a long time of revel in in managing the methods and workings of world enterprises, we expertly steer purchasers, as they navigate their virtual transformation powered by means of cloud and AI. We permit them with an AI-first core, empower the industry with agile virtual at scale and pressure steady development with always-on finding out during the switch of virtual talents, experience, and concepts from our innovation ecosystem. We’re deeply dedicated to being a well-governed, environmentally sustainable group the place various skill flourishes in an inclusive administrative center.

Consult with www.infosys.com to peer how Infosys (NSE, BSE, NYSE: INFY) can support your corporation navigate your subsequent.

Guard Harbor

Positive statements on this reduce relating to our pace expansion possibilities, or our pace monetary or running efficiency, are forward-looking statements meant to qualify for the ‘safeguard harbor’ underneath the Personal Securities Litigation Reform Work of 1995, which contain plenty of dangers and uncertainties that might reason untouched effects or results to vary materially from the ones in such forward-looking statements. The hazards and uncertainties on the subject of those statements come with, however aren’t restricted to, dangers and uncertainties in regards to the execution of our industry technique, higher pageant for skill, our skill to draw and conserve group of workers, build up in wages, investments to reskill our staff, our skill to successfully put into effect a hybrid paintings fashion, financial uncertainties and geo-political conditions, technological disruptions and inventions corresponding to Generative AI, the complicated and evolving regulatory ground together with immigration law adjustments, our ESG eye, our capital allocation coverage and expectancies relating to our marketplace place, pace operations, margins, profitability, liquidity, capital assets, our company movements together with acquisitions, and cybersecurity issues. Noteceable elements that can reason untouched effects or results to vary from the ones implied by means of the forward-looking statements are mentioned in additional component in our US Securities and Trade Fee filings together with our Annual Document on Mode 20-F for the fiscal occasion ended March 31, 2024. Those filings are to be had at www.sec.gov. Infosys might, from life to life, build extra written and oral forward-looking statements, together with statements contained within the Corporate’s filings with the Securities and Trade Fee and our reviews to shareholders. The Corporate does now not adopt to replace any forward-looking statements that can be made out of life to life by means of or by and for the Corporate except it’s required by means of legislation.

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