Avanci notes with some surprise the open letter from certain automobile associations, none of which have previously approached Avanci to ask any of the questions raised. In fact, most of the automaker members of these associations have already considered their licensing options and chosen to become Avanci Vehicle licensees.
Avanci is an independent provider of optional licensing programs, including for connected vehicles, which provide a market-driven global level playing field. Our 4G Vehicle program has grown since 2017 to span more than 100 auto brands and almost 60 licensors. Our 5G Vehicle program, which launched less than a year ago with an initial licensee and 59 licensors, already includes more than 30 auto brands and over 65 licensors. These numbers reflect broad market acceptance for our solutions and are a testament to the incredible collaboration among companies across industries worldwide.
Avanci was founded to offer options for SEP licensing, both for licensors and automakers, which are simple and efficient, with transparency a key principle. Our website at www.avanci.com/vehicle has details of our programs, including licensors, licensees and rates, and we have extensive FAQs which address many of the questions posed.