TEL AVIV (Reuters) – Innoviz Technologies, an Israeli maker of laser-based lidar sensors for self-driving cars, is raising $100 million in private investment at a company valuation of $500 million, the Calcalist financial news website said on Tuesday. Among the lead investors in this round is a large Chinese investment firm, the website said. When… Continue reading Israel’s Innoviz raising $100 million in private funding: report – Reuters
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Maruti Suzuki Shuts Production For A Day At Gurugram, Manesar Car Plants – BloombergQuint
Maruti Suzuki India Ltd. on Monday shut production for a day at its car plants in Gurugram and Manesar, Haryana, to manage rising inventory levels, sources said. The company’s installed manufacturing capacity at its two plants stands at around 15.5 lakh units per annum. According to the industry sources, Maruti Suzuki gave employees at the… Continue reading Maruti Suzuki Shuts Production For A Day At Gurugram, Manesar Car Plants – BloombergQuint
Aurora Buys High Performance LIDAR Firm Blackmore, A Vote For LIDAR, Almost In Rebuke To Elon Musk – Forbes
LIDAR point clouds including velocity from Doppler shift Blackmore/Aurora Aurora, the high-flying robocar startup founded by Chris Urmson of Waymo/Google, Sterling Anderson of Tesla and Drew Bagnell of Uber has used its super-high valuation money to purchase Blackmore, an FMCW LIDAR company based in Bozeman, Montana. That’s a strong expression of support for the value… Continue reading Aurora Buys High Performance LIDAR Firm Blackmore, A Vote For LIDAR, Almost In Rebuke To Elon Musk – Forbes
Zoox Board Appoints Aicha Evans as CEO – GlobeNewswire
FOSTER CITY, Calif., Jan. 14, 2019 (GLOBE NEWSWIRE) — Autonomous mobility developer Zoox, Inc. today announced that Aicha Evans, former Senior Vice President and Chief Strategy Officer at Intel Corporation, will join Zoox as its Chief Executive Officer and a member of its Board of Directors starting February 26.Evans comes to Zoox after spending 12… Continue reading Zoox Board Appoints Aicha Evans as CEO – GlobeNewswire
Nuance Automotive Powers Geely’s GKUI Smart Ecosystem – Yahoo Finance
BURLINGTON, Mass., May 23, 2019 (GLOBE NEWSWIRE) — Nuance Communications, Inc. (NUAN) today announced that its automotive platform provides AI-powered voice recognition for select car models from Geely, China’s fastest-growing automotive manufacturer, in its GKUI smart ecosystem powered by ECARX, a technology company under Geely Group. GKUI is Geely’s innovative digital cockpit system, integrating infotainment,… Continue reading Nuance Automotive Powers Geely’s GKUI Smart Ecosystem – Yahoo Finance
Watch Cruise’s self-driving cars perform 1400 unprotected left turns in 24 hours – The Verge
Left hand turns are tough, and unprotected lefts — no traffic light or stop sign to guide the way — are even harder. This holds true for both human and robot drivers; even the most skilled self-driving car struggles to make a seamless left turn. Cruise, the self-driving division of General Motors, knows this to… Continue reading Watch Cruise’s self-driving cars perform 1400 unprotected left turns in 24 hours – The Verge
Cambridge research into driverless cars finds improved traffic flow – BBC News
Media playback is unsupported on your device Driverless cars working together can improve traffic flow by 35%, a study using model vehicles has found. Cambridge University researchers programmed 16 miniature cars to drive on a two-lane track to see how they fared when one of them stopped. Traffic queues formed, but when the cars’ communication… Continue reading Cambridge research into driverless cars finds improved traffic flow – BBC News
ams, Ibeo and ZF partner to advance solid-state LiDAR technology – New Electronics
22 May 2019 ams has signed an agreement to team with Ibeo Automotive Systems, the German specialist for automotive LiDAR sensor technology, and ZF Friedrichshafen, experts in solid-state LiDAR technology, to advance solid-state LiDAR technology for use in autonomous driving. The three companies will partner on joint R&D efforts with a view to make the… Continue reading ams, Ibeo and ZF partner to advance solid-state LiDAR technology – New Electronics
Edited Transcript of LEVE3.SA earnings conference call or presentation 13-May-19 12:30pm GMT – Yahoo Finance
Full Year 2018 Mahle Metal Leve SA Earnings Call May 20, 2019 (Thomson StreetEvents) — Edited Transcript of Mahle Metal Leve SA earnings conference call or presentation Monday, May 13, 2019 at 12:30:00pm GMT TEXT version of Transcript ================================================================================ Corporate Participants ================================================================================ * Jan-Frederek Thiele * Philipp Kuckuck ================================================================================ Presentation ——————————————————————————– Operator [1] ——————————————————————————– Good… Continue reading Edited Transcript of LEVE3.SA earnings conference call or presentation 13-May-19 12:30pm GMT – Yahoo Finance
140 car manufacturing jobs at risk in Birmingham | Central – ITV News – ITV News
Up to 140 jobs could be lost at the home of MG Motor in Birmingham. The manufacturer’s Chinese parent company SAIC has started a consultation with staff at the car plant in Longbridge. The company said it was conducting an operational review of its factory but did not go into any further details about its… Continue reading 140 car manufacturing jobs at risk in Birmingham | Central – ITV News – ITV News