PTC (PTC) said Thursday that Benteler Group's subsidiary Holon is using its Windchill+ product lifecycle management platform to develop and market a level 4 autonomous electric vehicle.
Holon implemented the platform in six months to replace manual processes with modern workflows, helping it achieve its five-year production timeline, PTC said.
Shares of PTC were up 2.7% in recent Thursday trading.
Price: 180.31, Change: +4.65, Percent Change: +2.65
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