Recogni Inc., the designers of a vision-oriented artificial intelligence
platform for autonomous vehicles, announced $25 million in Series A
financing led by GreatPoint Ventures with participation from Toyota AI
Ventures, BMW i Ventures, Faurecia, Fluxunit (VC arm of lighting and
photonics company OSRAM), and DNS Capital.
Hitachi Automotive Systems, Ltd. announced a partnership for
collaboration with Plug and Play, a global innovation platform that
brings together the best startups with the world’s largest corporations.
Didi Chuxing, a leading multi-modal transportation platform, and BP, one
of the world’s leading fuels retailing and convenience business
company, announced that they have agreed to form a new joint venture to
build electric vehicle (EV) charging infrastructure in China.
Human Horizons has launched a premium all-electric smart brand, HiPhi,
with the vision to change human mobility and define a new breed of
vehicles. In addition, the first production-ready prototype vehicle,
HiPhi 1, was revealed.
TSD, the industry’s largest rental fleet management software provider,
announced its partnership with Zubie, a leading connected-car platform
and telematics data insights provider, to give fleet operators a
seamless connected car solution.
Nidec Corporation announced that at a meeting of the Board of Directors
held on August 1, 2019, a resolution has been passed to execute a
contract with GAC Components Co., Ltd. (GAC Components), a subsidiary of
China-based GAC Motors, to establish a joint venture to manufacture
automotive traction motors. The closing of this case will be subject to
approval by competition authorities.
Electrify America announced an agreement with San Francisco-based
electric vehicle (EV) fleet charging company Stable Auto to deploy
robotic charging solutions for self-driving vehicles in a pilot
demonstration site in San Francisco, as both companies develop
infrastructure solutions needed to deploy self-driving and electric
Dana Incorporated announced that it will provide its Spicer Electrified
e-Propulsion solution with integrated TM4 SUMO HP motor-inverter system
to power Class 8 tractor-trailer units that will move freight year-round
between Edmonton and Calgary in Alberta, Canada.
Volkswagen is expanding its activities in the field of charging
infrastructure and is to cooperate closely with has·to·be GmbH, a
leading provider of operating systems for e-mobility. Volkswagen Group
company Elli is to acquire a minority stake in the company.
London EV Company (LEVC) announced that it has produced 2,500 examples
of its all-new TX electric taxi – and the vehicles are already making a
huge contribution to reducing urban emissions in London, cities across
the UK and in Europe too.
Ibeo Automotive Systems, a LiDAR sensor specialist from Hamburg, has
established a wholly owned subsidiary in the United States: Ibeo
Automotive USA Inc. in Detroit. Paula Jones, the former Director of the
Customer Business Unit of Gentherm Inc., was named President and will
manage the new company.
The New York State Public Service Commission (Commission) approved the
expansion of its DC Fast-charging infrastructure programme to make
fast-charging plugs at newly constructed charging stations eligible for
an incentive provided the station includes a standardised plug type of
equal or greater charging capability as the other plugs being installed.