Innoviz Technologies Raises $132M in Series C Funding to Accelerate Solid-State LiDAR Production, Expand Team and Further R&D Efforts

This significant raise will support Innoviz’s commercialization of its leading InnovizPro and InnovizOne solid-state LiDAR solutions and address growing demand for cutting-edge autonomous vehicles (AV) technologies worldwide. View a live demonstration of Innoviz’s solid-state LiDAR solution in action here. The company is focusing expansion efforts in key automotive markets including the U.S., Europe, Japan and… Continue reading Innoviz Technologies Raises $132M in Series C Funding to Accelerate Solid-State LiDAR Production, Expand Team and Further R&D Efforts

GM to Invest $300 Million, Add 400 Jobs at Michigan Plant for New Chevrolet Electric Vehicle

ORION TOWNSHIP, Mich., March 22, 2019 /PRNewswire/ — General Motors is investing $300 million in its Orion Township, Michigan, assembly plant to produce a new Chevrolet electric vehicle that will bring 400 new jobs to the Orion plant. Today’s announcement is part of GM’s new commitment to invest a total of $1.8 billion in its United… Continue reading GM to Invest $300 Million, Add 400 Jobs at Michigan Plant for New Chevrolet Electric Vehicle

Goodyear, Envoy Technologies Pilot Digital Service Solution for Shared, On-Demand EV Fleets

AKRON, Ohio, March 21, 2019 /PRNewswire/ — As a leading supplier of tires and solutions for future mobility, The Goodyear Tire & Rubber Company (NASDAQ: GT) today announced a new pilot program with Envoy Technologies, a provider of shared on-demand, community-based electric vehicles (EVs). The pilot, which launched early this year, is testing services aimed at minimizing… Continue reading Goodyear, Envoy Technologies Pilot Digital Service Solution for Shared, On-Demand EV Fleets

Renault-Nissan-Mitsubishi Launches Alliance Intelligent Cloud on Microsoft Azure

Renault-Nissan-Mitsubishi, the world’s leading automotive alliance, today announced the production release of the Alliance Intelligent Cloud, a new platform that is enabling Renault, Nissan and Mitsubishi Motors to deliver connected services in vehicles sold in nearly all 200 markets served by the Alliance member companies. Culminating joint development efforts between the Alliance and Microsoft, the… Continue reading Renault-Nissan-Mitsubishi Launches Alliance Intelligent Cloud on Microsoft Azure