Category: Automotive

Hyundai Mobis to make inroads into automotive digital instrument cluster market

SEOUL, May 9 (Yonhap) — Hyundai Mobis Co., South Korea’s biggest auto parts maker by sales, said Wednesday it aims to make inroads into the global automotive digital instrument cluster market to generate future growth. Hyundai Mobis, the auto component affiliate of Hyundai Motor Group, said it began production of 7-inch digital instrument clusters for… Continue reading Hyundai Mobis to make inroads into automotive digital instrument cluster market

UPDATE 1-S.Korea says GM deal to ensure it remains in country for at least 10 years

SEOUL (Reuters) – South Korea’s finance minister said on Wednesday the country will limit General Motors’ (GM.N) right to sell shares and assets in its South Korean unit so that the U.S. automaker is kept from leaving the nation for at least 10 years. FILE PHOTO: The logo of GM Korea is seen at its… Continue reading UPDATE 1-S.Korea says GM deal to ensure it remains in country for at least 10 years

3 Chinese technology startups secure funding from Intel Capital

May 9, 2018 Intel Capital, the global investment arm of Silicon Valley-headquartered Intel Corporation, has invested in three Chinese technology startups as part of its 12 new technology investments totaling $72 million. During the Intel Capital Global Summit in California, Intel Capital said it has invested in Chinese tech startups Reconova, Alauda, and Espressif Systems.… Continue reading 3 Chinese technology startups secure funding from Intel Capital

Google I/O Recap: Turning self-driving cars from science fiction into reality with the help of AI

Google I/O Recap: Turning self-driving cars from science fiction into reality with the help of AI By: Dmitri Dolgov, CTO and VP of Engineering This morning, we took the stage at Google I/O, Google’s annual developer conference, to share details on how Waymo is using artificial intelligence (AI) to make fully self-driving cars a reality. If… Continue reading Google I/O Recap: Turning self-driving cars from science fiction into reality with the help of AI

A Look at Uber’s Flying Car Dream

Karem Aircraft Inc., founded by the inventor of the predator drone, said Tuesday that it’s developing a flying vehicle for Uber Technologies Inc.’s envisioned network of electric air taxis. That makes Karem the fifth company working on the project, with its new aircraft called the Butterfly. While Uber isn’t building its own flying cars, the company… Continue reading A Look at Uber’s Flying Car Dream

Tesla Gets a Vote of Confidence as Supplier Orders Accelerate

The Tesla Model 3 debate received further fodder on Tuesday after JL Warren Capital LLC said it has noticed “encouraging signs” of a potential pickup in the pace of production. Suppliers for the electric vehicle maker’s more affordable sedan have started seeing increased orders, the research firm said in a note to clients. SAS Automotive,… Continue reading Tesla Gets a Vote of Confidence as Supplier Orders Accelerate

Flying Cars Get Uber Boost From Research Pact With NASA

Uber Technologies Inc. announced a partnership to study urban manned aircraft in conjunction with the U.S. space agency NASA, following a partnership last year that focused on unmanned drones. As part of the deal, Uber will share its data with the National Aeronautics and Space Administration to move the world closer to developing air traffic… Continue reading Flying Cars Get Uber Boost From Research Pact With NASA

Audi Targets $1.2 Billion Profit Boost From Car-Data Services

Audi is gearing up to boost profit outside its traditional business of producing and selling upscale cars in a push against Silicon Valley’s software giants that are keen to mine potentially lucrative vehicle data. The world’s third-largest luxury-car brand expects to generate operating profit of 1 billion euros ($1.2 billion) in 2025, the Volkswagen AG… Continue reading Audi Targets $1.2 Billion Profit Boost From Car-Data Services

Waymo shows how its self-driving cars navigate snow

Ask people in chillier climates if they’re looking forward to self-driving cars and they’ll probably just laugh. The technology has an easy time in ever-pleasant locales like California, but snow is a nightmare that obscures lanes, cars and entire roads. Waymo knows how to tackle that problem, though. In a presentation at the Google I/O… Continue reading Waymo shows how its self-driving cars navigate snow