Ford Motor Co. and Volkswagen AG have been holding discussions to explore possibilities of jointly developing self-driving and electric vehicles. This kind of a strategic alliance, if it were to go through, could mean saving costs by billions of dollars for both companies.
Volvo Cars has reached an agreement with Baidu, the leading Chinese internet search provider, to jointly develop electric and fully autonomous drive-compatible cars with the aim of mass producing them for China, the largest car market in the world.
Harman International, a wholly-owned subsidiary of Samsung Electronics Co. Ltd., focused on connected technologies for automotive, consumer and enterprise markets, announced that the company is strengthening its presence in Israel.
Nishi-Nippon Railroad Co., Ltd. and Toyota Motor Corporation will begin trials in Fukuoka City from November 1 of the multi-modal mobility service â€œmy routeâ€ for smartphones, in collaboration with eight service providers in traffic, shop, and event information.
Alliance Ventures, the strategic venture capital arm of Renault-Nissan-Mitsubishi, has become the lead strategic investor of WeRide.ai (formerly JingChi.ai), a Chinese autonomous driving company focused on L4 self-driving technology, following completion of the companyâ€™s Series A funding.
Ford Motor Company and Baidu, Inc. announced the commencement of a two-year joint autonomous vehicle test project, under which the two companies will further advance the development and on-road testing of autonomous vehicles in China.
As an innovative incentive to promote e-mobility, the Austrian Government has raised the speed-limit for electric vehicles being driven on highways by 20 mph to 80 mph as opposed to the 60 mph speed limit for their fossil fuel powered counterparts.
Toyota Motor Corporation (Toyota), Toyota Research Institute-Advanced Development, Inc. (TRI-AD), and Tokio Marine & Nichido Fire Insurance Co., Ltd. (Tokio Marine & Nichido) announced their agreement to establish a business alliance to develop advanced automated driving technology.
˜The Electrified Automotive Future and its Relationship to Architecture was the subject of an evening hosted by Jaguar design and a group of London's leading RIBA architects, planners, property developers and infrastructure experts.
ParkMobile, a provider of smart parking and mobility solutions in North America, announced the launch of new service in the Westwood Village area of Los Angeles. This is part of an expanded relationship with LADOT to improve parking around the city.
The Volkswagen Group, Mobileye, an Intel Company, and Champion Motors announced plans to deploy Israelâ€™s first self-driving ride hailing service â€“ or Mobility-as-a-Service (MaaS) â€“ starting next year. For this, the partners are planning to establish a joint venture.
Infineon Technologies AG and XAIN have agreed to work together on bringing blockchain technology into the car. The Munich based semiconductor maker and the Berlin-based start-up have signed a corresponding Memorandum of Understanding at Infineonâ€™s 1st Automotive Cybersecurity Forum, taking place in Munich.
Innovusion, a developer of LiDAR technology for the autonomous vehicle markets, announced it has raised about $30 million in Series A funding, co-led by NIO Capital and Eight Roads Ventures in China, and F-Prime Capital in the U.S., in addition to seed round from Gaorong Capital and other strategic investors.