TriLumina, founded in 2011, wants to enable broad deployment of 3D sensing with innovative illumination solutions. The company created a technology that combines Vertical Cavity Surface Emitting Laser (VCSEL) with multiple functions on a chip that helps increase reliability, and lower the cost as well as the size of LiDAR and 3D sensing systems. Back… Continue reading TriLumina: Lower costs for reliable lidar systems with VCSEL
Author: Google News Scanning
Ford Torrence Plant To Stop Making Cars, Focus On SUVs
CHICAGO (CBS/AP) — After a more than 30 year run, the Ford Motor Co. plant on the city’s Southeast Side will stop making the Ford Taurus in 2019, and instead focus on pricier SUVs, the company announced. The Details: The Taurus, first produced in 1986, was once the top-selling car in the U.S. Production will… Continue reading Ford Torrence Plant To Stop Making Cars, Focus On SUVs
BMW Teams up With Innoviz to Bring Solid State LiDAR to Its Future Self-Driving Cars
The Germans may be getting ready to outfit their upcoming fleet of autonomous cars with new sensors. via Innoviz BMW has been one of the more quiet manufacturers dabbling in autonomy this past year. Despite it looking to deliver a fully self-driving car as early as 2021, the German automaker has been very tightlipped on… Continue reading BMW Teams up With Innoviz to Bring Solid State LiDAR to Its Future Self-Driving Cars
Geely’s Volvo Cars posts 3.6 percent profit rise in the first quarter
STOCKHOLM (Reuters) – Geely-owned automaker Volvo Car Group reported a rise in quarterly operating earnings on Friday, on growth in the Chinese and U.S. markets and forecast higher sales, but also steeper spending, in the year ahead. The logo of Volvo is seen on the front grill of a Volvo XC40 SUV displayed at a… Continue reading Geely’s Volvo Cars posts 3.6 percent profit rise in the first quarter
As Ford phases out most cars, Chicago plant will produce a new SUV
The Ford assembly plant on Chicago’s Southeast Side is not expecting any layoffs as the company phases out most cars — including the signature Taurus sedan built there — in favor of SUVs and trucks. The Torrence Avenue plant, Ford’s oldest in continuous operation, will end production of the Taurus and Police Interceptor sedans by… Continue reading As Ford phases out most cars, Chicago plant will produce a new SUV
BMW’s Magna solid-state lidar deal paves the way to autonomy
Many automakers believe that lidar, light-based mapping, is the key to vehicle autonomy. However, lidar is still pretty darn expensive, which makes mass-market adoption difficult. A new kind of lidar could change that, and BMW is ready to adopt it. Magna and Innoviz Technologies announced today that the two companies will provide BMW with solid-state… Continue reading BMW’s Magna solid-state lidar deal paves the way to autonomy
Uber Vows “Indefinite” Investments In Middle East And Hints At Possible Move For Rival Careem
Ride-hailing firm Uber has promised to invest on “an indefinite basis” in the Middle East and North Africa, following its recent exits from a number of Asian territories. Speaking in an interview with the CNBC television channel, broadcast on April 26, the firm’s chief operating officer Barney Harford said the company planned to “double down… Continue reading Uber Vows “Indefinite” Investments In Middle East And Hints At Possible Move For Rival Careem
Abandoned Car! Ford Dropping All Passenger-Car Models Except Mustang
In an unprecedented move that may reshape the entire auto industry, Ford will stop building all sedans and hatchbacks and shift production to crossovers and trucks. It is, by far, the company’s most dramatic production change in its 115-year history since Henry Ford adopted the assembly line. In its first-quarter statement on Wednesday, the company… Continue reading Abandoned Car! Ford Dropping All Passenger-Car Models Except Mustang
Uber not interested in any more Grab-style deals, signaling its international retreat could be over
Uber will no longer take minority stakes in rival ride-hailing companies globally, a top executive at the company told CNBC on Wednesday, potentially signaling an end to its retreat from markets outside of the U.S. The company recently sold its Southeast Asia business to Singapore-based rival Grab in exchange for a27.5 percent stakein the firm.… Continue reading Uber not interested in any more Grab-style deals, signaling its international retreat could be over
Auto companies can’t go at it alone in making self-driving cars safer: Jaguar Land Rover CEO
Even with recent accidents involving self-driving vehicles, they would still be a safer way for people to move around in the future, said Jaguar Land Rover’s Chief Executive, Ralf Speth. But auto companies cannot be solely responsible for bringing that vision into fruition, he said. “We need to make sure that we get the right… Continue reading Auto companies can’t go at it alone in making self-driving cars safer: Jaguar Land Rover CEO