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.
A new technology hub was created for Daimler Trucks & Buses to increase its tech expertise and to facilitate and support global initiatives within the Daimler group. For this new company, the city of Lisbon was selected.
Chinese Car Manufacturer, Great Wall Motor (GWM), has signed a Memorandum of Understanding with H2 Mobility to become its seventh shareholder and co-owner. It will contribute additional investment to the company and acquire a minority share in H2 Mobility. GWM thereby joins the six existing shareholders, namely Air Liquide, Daimler, Linde, OMV, Shell and Total.
Audi and Umicore have successfully completed phase one of their strategic research cooperation for battery recycling. The two partners are developing a closed loop for components of high-voltage batteries that can be used again and again. Particularly valuable materials are set to become available in a raw materials bank.
The future has started in Hagen, where an important milestone on the road to emission-free energy and mobility has been achieved by technology company The Mobility House, energy supplier ENERVIE, transmission system operator Amprion and car maker Nissan.
SoundHound Inc., an innovator in voice-enabled AI and conversational intelligence technologies, announced a strategic partnership with Honda Motor Co., Ltd. to accelerate the development of voice-enabled AI assistant.
Veoneer, Inc., a pure-play company focused on Advanced Driving Assistance Systems (ADAS) and Automated Driving (AD), has appointed Nishant Batra to the new position as Executive Vice President (EVP) and Chief Technology Officer (CTO) and is refining its management and reporting structure within the Electronics Segment.
Computer vision company Eyesight, which brings Edge-based Computer Vision and AI solutions to the automotive and IoT markets, announced a $15 million growth investment round, led by Jebsen Capital, Arie Capital, Mizrahi Tefahot, among other investors.
The BMW Group has selected expert software development partners, further consolidating its partner network in the process. The aim of the collaboration with KPIT and TTTech is to press ahead with the scalable Autonomous Driving Platform and to work together on the development of Level 3 and Level 4/5 functions (Highway Pilot and Urban Pilot).
All Londoners â€“ including riders and drivers who use our app â€“ know that air pollution is a big issue affecting the capital. At Uber, we are determined to play our part in making cities healthier places for people to live and work.
ViaVan, the joint venture between Via, an on-demand shared transit service, and Mercedes-Benz Vans, announced the launch of its shared ride service in Milton Keynes, Buckinghamshire. This is the fourth city launch for ViaVan, following on the heels of its successful debut in Amsterdam and London earlier this year and its partnership with Berlinâ€™s public transit authority, BerlinerVerkehrsbetriebe (BVG).
Ford is expanding to become the first company to test autonomous vehicles in Washington, D.C., according to the district, by establishing a self-driving vehicle business â€“ a business that will be responsive to the needs of the city and its residents.
After presenting its new generation of Plug-in Hybrid vehicles as part of its electrification strategy at the Paris Motor Show, Peugeot announced the development of a new range of electrified sports vehicles from 2020.
Keysight Technologies, Inc., a technology company that helps enterprises, service providers, and governments accelerate innovation in connected solutions, announced a new cellular vehicle-to-everything (C-V2X) and advanced automotive Ethernet solution to address the evolving industry standards and ensure interoperability among components.
Addison Lee Group, the global ground transportation business, and Oxbotica, the British leader in self-driving vehicle software, have agreed a wide-ranging strategic alliance that accelerates the implementation of autonomous vehicles to Londonâ€™s streets.
Denso corporation, the worldâ€™s second largest mobility supplier, has made recent changes that represent one of the largest shifts in business strategy in its 70-year history, expanding into software-based solutions in addition to its hardware expertise, that push the company beyond a vehicle-centric focus in order to help create an new mobility paradigm for society.
A three-year project into the trials of connected and autonomous vehicle technology has drawn to a close, with the Coventry-based, Tata Motors European Technical Centre (TMETC) revealing its commitment to shaping the future of mobility.
Accelerating digital transformation across the world, Volkswagen launched Volkswagen Connect, an intelligent connected vehicle assistance system followed by a brand new Lapiz Blue body color across its popular carlines Polo, Ameo and Vento.