Hyundai Mobis, announced during its meeting at the KINTEX Seoul Motor
Show that the company would be the first in Korea to secure the
global-calibre ‘deep learning-based high-performance image recognition
technology’ for recognising vehicles, pedestrians and geographical
features of the road by the end of the year, and begin to mass-produce
front camera sensors supporting autonomous driving in 2022.
Location technology specialists, TomTom, announced that its full stack
of navigation components have been chosen by MG India to power the MG
Connected Car, launching in May 2019. MG India will also be the launch
customer for TomTom’s ground-breaking new service, TomTom IQ Maps.
Ridecell Inc., a carsharing, ridesharing and autonomous ridehailing
platform for shared mobility operators, appointed Philippe Huysmans as
Vice President of Growth. This new executive position will lead Ridecell
global resources toward revenue growth and customer success.
Lear Corporation announced that it has entered into a definitive
agreement to acquire Seattle-based Xevo Inc., a leading automotive
software supplier that develops solutions for cloud, car, and mobile
Bridgestone Europe NV/SA, a subsidiary of Bridgestone Corporation in
EMEA, the world’s largest tyre and rubber company, announced that it has
completed the acquisition of TomTom Telematics, the leading provider of
digital fleet solutions in Europe, for €910 million ($1.02 billion).
As part of its commitment to build a cleaner and smarter North Carolina,
Duke Energy has proposed the largest investment in electric vehicle
(EV) infrastructure ever in the Southeast – a $76 million initiative to
spur EV adoption across the state.
Velodyne has shipped a cumulative total of 30,000 LiDAR sensors with a
total value of half a billion dollars. This achievement underscores
Velodyne’s LiDAR market leadership and ability to deliver a broad
portfolio of lidar sensor products at mass production levels.
Aquantia Corp., a leader in high-speed, Multi-Gigabit Ethernet
connectivity solutions, announced that it has achieved ASIL B
certification on its Automotive connectivity products according to ISO
26262-5 and as determined by the Certification Body for Functional
Safety of the SGS-TÜV Saar.
Fisker Inc., a designer and manufacturer of electric vehicles,
breakthrough automotive technology and advanced mobility solutions, has
released early details on a stunning new all-electric SUV design, priced
below $40,000 (US) and set to launch in the second half of 2021.
Ola, one of the world’s largest ride-hailing platforms, announced the
launch of its services in three new cities in the UK namely Liverpool,
Birmingham, and Reading, after local councils granted the platform with
both Taxi and Private Hire licenses.
Sony Corporation and NTT Docomo, Inc. announced that they will jointly
trial Sony’s conceptual driverless vehicle, the New Concept Cart SC-1,
which leverages 5G mobile technologies for various remotely controlled
MONET Technologies Inc., a joint venture between SoftBank Corp. and
Toyota Motor Corporation announced that it has concluded an agreement
for a capital and business partnership with Hino Motors, Ltd. and Honda
Motor Co., Ltd. to increase the value of its MaaS business and enhance
mobility service levels for users.
Spirent Communications plc, a leading provider of automotive
connectivity & autonomy test solutions, announced that Spirent
solutions have been selected by Jaguar Land Rover to verify
next-generation automotive Ethernet in-vehicle networking.