China Car-Sharing Giant Didi Chuxing Buys Bluegogo To Launch Massive Bike-Sharing Platform

China’s fractured bike sharing industry just became more complex as car ride sharing giant Didi Chuxing announced the launch of a comprehensive bike-sharing platform. Under the plan, Didi’s car sharing app will integrate the services of its newly acquired bike sharing firm Bluegogo, as well as bike sharing giant ofo and potentially other bike-sharing partners.… Continue reading China Car-Sharing Giant Didi Chuxing Buys Bluegogo To Launch Massive Bike-Sharing Platform

BRIEF-Intel partners with BMW, Nissan, Saic Motor, Volkswagen, Paramount Pictures, Ferrari North America to showcase power of data at CES

Jan 8 (Reuters) – Intel Corp: * INTEL PARTNERS WITH BMW, NISSAN, SAIC MOTOR, VOLKSWAGEN, PARAMOUNT PICTURES, FERRARI NORTH AMERICA TO SHOWCASE POWER OF DATA AT CES Source text for Eikon: Further company coverage: Our Standards:The Thomson Reuters Trust Principles.

Intel and Mobileye partner with China’s SAIC on self-driving

Intel is making strides with its China business in the automotive and autonomous driving industry, with new partnerships announced today at CES 2018 with Chinese automaker SAIC, and also with the leading navigational map player in China, called Navinfo to integrate and localize REM data. These partnerships give Intel a key means of additional access… Continue reading Intel and Mobileye partner with China’s SAIC on self-driving

BRIEF-Baidu USA, Access Services Announce Pilot Project For Autonomous Vehicle Services

Jan 8 (Reuters) – Baidu USA: * BAIDU USA, ACCESS SERVICES ANNOUNCE PILOT PROJECT FOR SHORT ROUTE AUTONOMOUS VEHICLE SERVICES FOR ADA, SENIOR COMMUNITIES IN LOS ANGELES * SAYS EXPECT TO START SHORT ROUTE AUTONOMOUS VEHICLE PILOT SERVICE BY 2018-END Source text for Eikon: Further company coverage: Our Standards:The Thomson Reuters Trust Principles.

BRIEF-Baidu, Asia Mobility Industries Announce Strategic JV

Jan 8 (Reuters) – Baidu Inc: * BAIDU, ASIA MOBILITY INDUSTRIES (AMI) ANNOUNCE STRATEGIC JV TO LAUNCH “APOLLO SOUTHEAST ASIA” AUTONOMOUS DRIVING PROGRAM AND INVESTMENT FUND * SAYS $200 MILLION TECHNOLOGY FUND TO BE FOCUSED ON OPPORTUNITIES IN SOUTHEAST ASIA FOR AUTONOMOUS DRIVING & INTELLIGENT TRANSPORTATION Source text for Eikon: Further company coverage: Our Standards:The… Continue reading BRIEF-Baidu, Asia Mobility Industries Announce Strategic JV

Baidu debuts Apollo 2.0, its latest open self-driving platform

China’s Baidu revealed a major update to its Apollo autonomous driving platform at CES 2018 today, including support for new computing platforms, new reference vehicles, more HD mapping services available on a global scale and other updates. Most notably, the update will give everyone using Apollo the ability to drive autonomously on simple, relatively easy… Continue reading Baidu debuts Apollo 2.0, its latest open self-driving platform

Electric Cars and Autonomous Vehicles in the Spotlight at CES

05:00 Jim Strugger MKM Holdings LLC, Head:Derivatives Products 05:00 Nicholas Woodman Gopro Inc, Chairman/CEO/Founder 05:05 Alistair Barr Bloomberg LP, Editor:US Technology Team 05:15 Jehan Chu Kenetic Capital Advisors Ltd, Managing Partner 05:15 Cory Johnson Bloomberg Editorial, Anchor/Editor-At-Large:Bloomberg TV 05:30 Alexis Borisy Third Rock Ventures LLC (PE General Partner), Chairman/Co-Founder 05:40 Pascal Cagni C4 Ventures Ltd,… Continue reading Electric Cars and Autonomous Vehicles in the Spotlight at CES

Aston Martin Seeks $6.8 Billion Value in Potential IPO

Aston Martin is targeting a valuation of as much as 5 billion pounds ($6.8 billion) in a potential initial public offering of the British sports car maker, according to people familiar with the matter. The manufacturer has held preliminary talks with advisers about a valuation including debt that would put it on par with Ferrari NV,… Continue reading Aston Martin Seeks $6.8 Billion Value in Potential IPO

Aptiv and Lyft’s self-driving BMWs are picking up CES passengers

[embedded content] Self-driving and connected car tech company Aptiv (formerly Delphi) is back at CES again in 2018, and this time it’s partnering with Lyft to demonstrate its latest developments in self-driving technology. The Aptiv and Lyft team-up brings a fleet of 8 autonomous test cars to Las Vegas, which attendees at the show can… Continue reading Aptiv and Lyft’s self-driving BMWs are picking up CES passengers

Uber hires Tesla’s lead battery expert to help power its ‘flying car’ service

Celina Mikolajczak, a senior manager for battery pack development at Tesla, has been hired by Uber to help the ride-hail company’s “flying car” project get off the ground. It’s an important hire because it signals that Uber plans to get more involved in the engineering aspects of this outlandish-sounding project. For six years, Mikolajczak served… Continue reading Uber hires Tesla’s lead battery expert to help power its ‘flying car’ service