Melbourne Connected Car Tech Hub, page-5

Until they make some money and save some cash it is all a pipe dream, a good one, but a pipe dream nonetheless so not sure if its worthy of an announcement.

It may change quickly if a lot of the oppies are piggybacked or they bring in a partner or two. As the article states, car markers have asked CXZ for other services, so maybe they can bring in some of those to back it. Of note is that GM (who I believe the partner is) has their own venture capital arm which invests in auto related businesses. Late last year, GM Ventures invested in Telogis who provides them with large enterprise fleet management/telematics software.

http://www.telogis.com/press-releases/gm-ventures-makes-strategic-investment-telogis

The best way to drive and target innovation in this sector would be to bring the car makers themselves.