SemiCab Wins Contract with Apollo Tyres, $3 Billion Global Tire Manufacturer, for New Indian Commercial Pilot

Barchart · 10/17 06:30

Apollo Tyres, Ltd Awards SemiCab Scalable Pilot Contract for Transportation Services in India

Fort Lauderdale, FL, Oct. 17, 2024 (GLOBE NEWSWIRE) -- Algorhythm Holdings, Inc. (“Algorhythm”) (NASDAQ: RIME), an AI-driven technology and consumer electronics holding company, announced today that SemiCab, Inc.’s subsidiary, SMCB Private Solutions Limited (“SemiCab India”), has entered into a master service agreement (MSA) with Apollo Tyres, Ltd. (“Apollo”), India’s largest tire manufacturer. As a top 10 global tire producer, Apollo generated over $3 billion in sales in 2023, operating in more than 100 countries across Asia, Europe, and North America.

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