23 Mar 2018 US-based technology firm raises $18M in series B round aimed at ramping ‘long-range’ system for autonomous vehicles. Blackmore Sensors and Analytics, a Bozeman, Montana, firm working on lidar technology for future deployment in autonomous vehicles, says it has raised $18 million in a series B round of venture finance. Led by BMWi Ventures, and with… Continue reading BMW, Toyota venture units back lidar developer Blackmore
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Police Release Video of Fatal Uber Autonomous Car Collision
Video of the fatal crash involving a self-driving Uber car shows the critical moments just before the vehicle makes contact with a pedestrian walking her bike across a dimly lit road. The release from Tempe, Arizona, police provides a startling piece of evidence in a case that could shape laws and public perceptions around driverless… Continue reading Police Release Video of Fatal Uber Autonomous Car Collision
Can you 3D-print a car? This company in China will mass print cars by 2019 for US$10000 each
X Electrical Vehicle, from Italy, says it is edging closer to mass production in China of its low-speed 3D-printed cars, which could now be hitting the streets by the second quarter of 2019. Guo Xiaozheng, a senior designer at the firm also known as XEV, said the electric car – expected to sell at 60,000… Continue reading Can you 3D-print a car? This company in China will mass print cars by 2019 for US$10000 each
BMW Vets Raise A Stunning $1 Billion For Stealth EV Startup
EVelozcity EVelozcity founders are CEO Stefan Krause, left, design chief Richard Kim, center, and technology chief Ulrich Kranz. The BMW veterans plan to create a series of all-electric vehicles built off a common “skateboard” platform that are to hit the market by 2021. In the decade since Tesla survived the startup valley of death on its mission… Continue reading BMW Vets Raise A Stunning $1 Billion For Stealth EV Startup
Lyft Will Test All-Access Monthly Subscriptions
The ride-hailing company is testing a subscription service that would remove the need to pay every time you travel. March 16, 2018 2 min read This story originally appeared on PCMag Regular users of on-demand ride hailing service Lyft will be happy to hear they may be able to save some money in the not-too-distant… Continue reading Lyft Will Test All-Access Monthly Subscriptions
Conferma partners with Karhoo
Fintech company Conferma has announced a partnership with ground transportation provider Karhoo to streamline ground transport payments. Conferma’s integration into the Karhoo suite of tools will allow travellers and companies to organise their travel, track expenses, pay suppliers and have access to travel data. Karhoo allows users to book ground transportation worldwide, and head of… Continue reading Conferma partners with Karhoo
Karhoo is back, announces a partnership with Conferma
Mar 15, 2018, 2:10 pm EDT Update Mar 15, 2018, 2:19 pm EDT Karhoo, the car-sharing company whose founder had burned through all of its cash, is apparently up and running again. The British startup, which has a U.S. headquarters in New York, announced a partnership with Conferma, a financial technology company known for providing… Continue reading Karhoo is back, announces a partnership with Conferma
BorgWarner’s Latest Eco-Launch™ Stop/start Technology Delivers Quick, Smooth Restarts for Ford FWD Vehicles
AUBURN HILLS, Mich., March 13, 2018 /PRNewswire/ — BorgWarner, a global leader in clean and efficient technology solutions for combustion, hybrid and electric vehicles, helps Ford deliver greater vehicle efficiency with its Eco-Launch™ stop/start solenoid valve and hydraulic accumulator. Engineered to deliver fast, smooth launches during engine restarts, the award-winning solution is available on the… Continue reading BorgWarner’s Latest Eco-Launch™ Stop/start Technology Delivers Quick, Smooth Restarts for Ford FWD Vehicles
Startup has solution to deter dangerous railway hacking
Rail transport is undergoing a huge transformation thanks to automated, wireless and connected technologies that whoosh passengers down the tracks faster and more efficiently than ever before possible. However, these same technologies have opened a door to new types of cyber-attacks that can threaten passenger safety, disrupt service and cause serious economic damage. Now pulling… Continue reading Startup has solution to deter dangerous railway hacking
Lyft says it passed $1 billion in GAAP revenue in 2017
Ride hailing company Lyft says it booked over $1 billion in GAAP revenue for 2018, and showed revenue growth of 168% in Q4 versus the prior year’s quarter. That growth is nearly 3 times as fast as Uber, which saw a 61% increase in revenue in Q4 vs a year ago. It’s also claiming 10… Continue reading Lyft says it passed $1 billion in GAAP revenue in 2017