LeddarTech Inc. and OPTIS Announce LiDAR Simulation PartnershipPhillip Keane posted on January 27, 2018 | 857 views Virtual prototyping company OPTIS has announced a partnership with LeddarTech Inc., the developer and owner of Leddar, a patented digital signal processing technology used in automotive solid-state LiDARs. The partnership will see the development of LiDAR simulation software geared… Continue reading LeddarTech Inc. and OPTIS Announce LiDAR Simulation Partnership
Category: Automotive
DriveNow will be owned by BMW alone
BMW buys the partner Sixt their shares in the joint car sharing provider DriveNow from. The move could pave the way for a possible merger of BMW and Daimler car sharing services. Getty Images DriveNow Mini Monday, 29.01.2018 14:41 clock The car-sharing service DriveNow should in the future belong to BMW alone. The car rental… Continue reading DriveNow will be owned by BMW alone
Didi Chuxing aims to be smart transportation provider
Cheng Wei, founder and CEO of Didi Chuxing, gave a speech at a smart transportation summit held in Beijing on Jan 25, 2018. [Photo provided to chinadaily.com.cn] Chinese ride-hailing juggernaut Didi Chuxing is now targeting AI and smart transportation innovation, as part of its broader efforts to build a comprehensive mobility platform as well as… Continue reading Didi Chuxing aims to be smart transportation provider
Honeywell Reports Strong Fourth Quarter And 2017 Results, Raises 2018 Guidance To Reflect Lower Tax Rate
• Exceeded Fourth-Quarter Earnings Per Share Guidance on Stronger Margins• Fourth-Quarter Reported Sales Up 9%; Organic Sales Up 6%, Driven by Strength in Aerospace Aftermarket, UOP, Advanced Materials, and Intelligrated• Segment Margin Expansion Driven by Strong Top-Line Growth, Productivity, and Repositioning Benefits• Fourth-Quarter Operating Cash Flow of $2.2B; Free Cash Flow of $1.8B, Conversion of… Continue reading Honeywell Reports Strong Fourth Quarter And 2017 Results, Raises 2018 Guidance To Reflect Lower Tax Rate
Alibaba, Foxconn invest $350m in Chinese electric car startup Xiaopeng
January 29, 2018 Chinese e-commerce giant Alibaba Group Holding Ltd. and Foxconn Technology Group led a new fundraising round by electric carmaker Xiaopeng Motors, investing 2.2 billion yuan ($350 million) in the startup as a push toward battery-powered vehicles intensifies. The latest funding puts the total investment in Xiaopeng at 5 billion yuan, according to… Continue reading Alibaba, Foxconn invest $350m in Chinese electric car startup Xiaopeng
Welcome Veoneer
Mon, Jan 29, 2018 08:30 CET (Stockholm, Sweden, January 29, 2018) – Autoliv, Inc. (NYSE: ALV and SSE: ALIVsdb), the worldwide leader in automotive safety systems, today announced that the new electronics spin-off company will be named Veoneer. In December 2017, Autoliv’s Board of Directors decided to continue with the spin-off of its Electronics business… Continue reading Welcome Veoneer
Monkeys in the exhaust gas test: People were also exposed to exhaust gas tests
All articles and backgrounds 01/29/2018 Monkeys in the exhaust test People were also exposed to emissions tests DPA Diesel exhaust on the VW Golf 7 It should be in the exhaust scandal Diesel pollutant tests not only with monkeysbut also with people. This emerges from a report by the association EUGT, reported on the “Stuttgarter… Continue reading Monkeys in the exhaust gas test: People were also exposed to exhaust gas tests
Alibaba, Foxconn, IDG Lead $348M Investment In Chinese Smart Car Maker Xiaopeng Motors
Chinese electric vehicle maker Xiaopeng Motors has raised RMB2.2 billion (US$348 million) in a series B round led by Alibaba Group Holding Ltd., IDG Capital and Taiwanese electronics manufacturer Hon Hai Precision Industry Co., Ltd., also known as Foxconn. Jack Ma-backed Yunfeng Capital, Apoletto Asia, CICC, and existing investors GGV Capital, Matrix Partners China and Morningside Venture… Continue reading Alibaba, Foxconn, IDG Lead $348M Investment In Chinese Smart Car Maker Xiaopeng Motors
Opel will export cars to Morocco and Tunisia – L’Usine Auto
“We see good opportunities for us,” says Michael Lohscheller, chairman of the board of directors.Opel, about the prospects of the brand in Africa. Now in the lap of PSA Peugeot CitroënOpel plans to start exporting cars to Tunisia and Morocco from its European plants, says Michael Lohscheller in an interview that will be published Monday,… Continue reading Opel will export cars to Morocco and Tunisia – L’Usine Auto
J.D. Power Reaches Strategic Partnership with BitAuto on Digitization
SHANGHAI, Jan. 28, 2018 /PRNewswire/ — J.D. Power, the global leader in marketing data and analytics, today announced a strategic partnership with BitAuto, China’s leading consumer-facing automotive portal, to conduct joint research and develop big data and artificial intelligence. The collaboration will help leverage J.D. Power research and analytics capabilities and BitAuto’s data and technology strengths across… Continue reading J.D. Power Reaches Strategic Partnership with BitAuto on Digitization