Daimler also plans to become a carbon neutral company by 2040, ensuring that all new cars, production methods, and suppliers will work in a way which do not produce carbon dioxide emissions, Manager Magazin said. FRANKFURT: Daimler is seeking 6 billion euros ($6.75 billion) in cost savings and efficiency gains by 2021 at Mercedes-Benz passenger… Continue reading Daimler to seek 6 bln euros in cost savings at Mercedes: Manager Magazin
Category: News Site
FCA to invest $262 million in Ontario plant: Report
New Delhi: Automaker, Fiat Chrysler (FCA) will be investing $262 million at its Windsor, Ontario, assembly plant for a future product, as per a media report. The union and FCA will further discuss possible solutions for all the jobs cut. The president of the Unifor union, Jerry Dias expressed his views after a meeting with… Continue reading FCA to invest $262 million in Ontario plant: Report
ZF-Foton JV in China begins making auto transmissions for CVs
ZF-Foton JV in China begins making auto transmissions for CVs
Eaton to supply inverters for EV batteries to Nidec-PSA
Ireland-based power management company Eaton’s ‘eMobility’ business has been chosen by Nidec-PSA’s Emotors, a joint venture between Nidec Leroy-Somer and Groupe PSA, to supply high-performance traction inverters for a battery-electric vehicle platform.
“We are pleased to partner with Emotors and value the opportunity to support them in one of their product lines,” said Jeff Lowinger, president, eMobility. “Eaton’s power-dense inverters help deliver a safe, reliable and comfortable driving experience.”
Eaton will provide its power-dense inverters to Emotors, who will integrate it with the motor and ship the finished system to its customers for assembly into the battery-electric vehicle.
Leveraging Eaton’s expertise in managing high-voltage power, eMobility developed the vehicle inverters with a power density of 35 kilowatts per liter and 98 percent operating efficiency. The inverter’s high-power density and compact, lightweight design take up minimal space in the vehicle, which Eaton claims helps to maximise range and improve safety and the driving experience.
Eaton forecasts electrified vehicles to increase to 38 percent of the global passenger car market by 2030, with share dispersed among battery electric, plug-in hybrid, hybrid electric and mild hybrid electric. Eaton’s inverters can be used in all types of electric vehicles, as well as other alternative fuel vehicles, such as hydrogen fuel cell cars and trucks.
Eaton has high-voltage, fast-acting fuses in a number of global electrified cars and power electronics on a leading European battery-electric vehicle platform. Eaton also has more than 15 years of experience in developing commercial vehicle hybrid systems and has a number of vehicle electrification products in the market, including DC/DC converters, power distribution units, battery-electric transmissions, and high-voltage fuses.
Eaton, the power management company, revealed that in 2018 its sales was worth $21.6 billion (Rs 149,855 crore). Eaton also claims to employ 99,000 people worldwide and sells products to customers in more than 175 countries.
Apple reportedly talking to third-party suppliers for self-driving car sensors
Apple has never discussed its electric car project publically. Image via Pixabay Apple is currently in talks with at least four companies as possible suppliers of lidar sensors, intended to be used in self-driving cars, a report published in Reuters claimed. While it is not yet clear if Apple really wants to launch its own… Continue reading Apple reportedly talking to third-party suppliers for self-driving car sensors
Phantom Auto closes Series A funding, expands plans for remote-controlled autonomous vehicles
David Paul Morris | Bloomberg | Getty Images
Vehicles in traffic travel northbound on Highway 101 in Mountain View, California, U.S.
Phantom Auto, a start-up firm in Mountain View, California developing software for the teleoperation of autonomous vehicles, has closed its first major round of fundraising.
The company said it raised approximately $19 million in Series A financing led by venture capital firm, Bessemer Venture Partners.
The money will help Phantom Auto expand development of technology that allows remote drivers to operate vehicles or robots from thousands of miles away.
Since its founding in 2017, the company has worked with firms testing and developing autonomous vehicles that drive on public roads. While that remains a focus of Phantom, the start-up is also working with logistics firms to allow remote drivers to control autonomous vehicles in a variety of environments like shipping centers or industrial parks.
“If you see a delivery robot in public, there is a solid chance it is using our teleoperation software,” said Phantom co-founder Elliot Katz in a statement announcing the Series A financing.
Phantom has partnered with yard truck manufacturer Terberg to test the operation of yard trucks in Atlanta from remote control center 2,500 miles away.
Teleoperation of autonomous vehicles could be a key link in the deployment of self-driving vehicles.
Cameras and Lidar radars — or sensors that help autonomous vehicles recognize their surroundings — allow the “brains” of self-driving cars and trucks to handle the vast majority of traffic situations. But there will likely be moments, such as an unannounced road closure or major accident, where autonomous vehicles could become confused and unsure how to proceed.
In such cases, a teleoperator who is sitting in a cockpit with a steering wheel, and watching the images fed via cellular networks by cameras in the autonomous cars, will be able to take control of the vehicle and steer it through tricky situations.
Daimler to seek 6 billion euros in cost savings at Mercedes: Manager Magazin
FILE PHOTO: The Daimler logo is seen before the Daimler annual shareholder meeting in Berlin, Germany, April 5, 2018. REUTERS/Hannibal Hanschke FRANKFURT (Reuters) – Daimler is seeking 6 billion euros ($6.75 billion) in cost savings and efficiency gains by 2021 at Mercedes-Benz passenger cars and a further 2 billion euros at Daimler Trucks division, Manager… Continue reading Daimler to seek 6 billion euros in cost savings at Mercedes: Manager Magazin
Phantom Auto raises $13.5M to expand remote driving business to delivery bots and forklifts
Remote driving startup Phantom Auto has raised $13.5 million of financing in a Series A round led by Bessemer Venture Partners — capital used to expand a logistics business targeting sidewalks, warehouses and cargo yards, all the places where autonomy and teleoperation are being deployed today. The startup, founded in 2017, has raised about $19… Continue reading Phantom Auto raises $13.5M to expand remote driving business to delivery bots and forklifts
E-Z Rent-A-Car, Advantage Agree to $4.6M Settlement
A complaint, filed in California’s Alameda County Superior Court, alleged violations of consumer protection laws. Photo via Depositphotos. E-Z Rent-A-Car and Advantage OpCo have agreed to pay $4.6 million to settle lawsuits which accused them of overcharging customers for vehicle repairs, the East Bay Times reports. A complaint, filed in California’s Alameda County Superior Court, alleged… Continue reading E-Z Rent-A-Car, Advantage Agree to $4.6M Settlement
Mahindra signs deal with Ford Motor to make midsize SUVs in India
FILE PHOTO: The logo is seen on the bonnet of a new Ford Aspire car during its launch in New Delhi, India, October 4, 2018. REUTERS/Anushree Fadnavis (Reuters) – Automaker Mahindra and Mahindra Ltd signed a deal with Ford Motor Co’s Indian unit to jointly develop midsize sports utility vehicles in India, the company said… Continue reading Mahindra signs deal with Ford Motor to make midsize SUVs in India