Category: Newswire

Horizon Robotics reveals Horizon Matrix™ 2, its second generation scalable, low-power, ready-to-use autonomous driving computing platform

The passively cooled Matrix™ 2 utilizes Horizon’s automotive-grade Horizon Journey™ 2 AI processor and supports operation under a wide range of environmental conditions. The computing platform includes field-tested algorithms to deliver highly accurate vision perception for applications ranging from ADAS to fully autonomous robotaxis, shuttles, trucks and delivery fleets. Each Horizon Matrix™ 2 can support… Continue reading Horizon Robotics reveals Horizon Matrix™ 2, its second generation scalable, low-power, ready-to-use autonomous driving computing platform

Tesla’s $1.8 billion bond hits a crucial milestone as it surges to its highest level since 2017

Tesla’s high-yield bond leaped to its highest levels ever on Wednesday, trading at face value for the first time since its issuance in 2017.A bond’s face value is the amount due to the bondholder once the debt reaches maturity.Tesla has 10 “buy” ratings, 11 “hold” ratings, and 15 “sell” ratings from analysts.

Debrecen BMW to recruit locally in spring

Debrecen BMW to recruit locally in spring Budapest Business Journal | Jan 9, 2020 at 9:00 AM An assembly line may include internal combustion models, plug-in hybrids or even electric models, penzcentrum.hu adds.

Rolls Royce no longer just for chauffeured CEOs as custom-made SUVs attract celebrities and influencers who get rich younger

Most Rolls-Royce owners used to be captains of industry, in their mid-fifties, and driven around by a chauffeur.As a result, the average age of buyers is down 13 years on a decade ago, when Mr Müller-Ötvös became head of the BMW-owned business.Named after the largest diamond ever found, the Cullinan accounted for 40 per cent of all its cars sold in 2019 – its first full year on the market.

Daimler chairman calls for ‘universal CO2 tax’

By Nam Hyun-woo LAS VEGAS ― Daimler AG Chairman and CEO Ola Kallenius called for additional taxation for CO2 which is “universal across industries” as it would be the most economical way to solve global problems stemming from carbon emissions.The new Mercedes-Benz head took the assessment after the German luxury car brand presented its new policy to pursue “sustainable luxury,” by “decoupling volume growth from resource consumption.”Kallenius admitted that pursuing an eco-friendly business is not free from financial pressures.

Aptiv Embeds Valens’ Chipsets in Its Smart Vehicle Architecture™ Platform

LAS VEGAS, Jan. 8, 2020 /PRNewswire/ — Valens, the leader in ultra-high-speed in-vehicle connectivity, has partnered with Aptiv to develop their Smart Vehicle Architecture (SVA) platform, which reduces the number of connections and individual devices within vehicles with a centralized, shared architecture, leading to increased flexibility and redundancy, and reducing total system costs. Valens’ technology… Continue reading Aptiv Embeds Valens’ Chipsets in Its Smart Vehicle Architecture™ Platform

American Honda Becomes the First OEM to Integrate Cloud Diagnostics Directly into the CCC™ X Data Exchange

CHICAGO, Jan. 8, 2020 /PRNewswire/ — CCC Information Services (CCC) and American Honda Motor Co., Inc. (American Honda) announce that the OEM becomes the first to integrate its diagnostics scanning cloud technology into the CCC™ X data exchange, simplifying scanning and reporting for Honda and Acura vehicles. Honda diagnostics data will be ingested by CCC X and… Continue reading American Honda Becomes the First OEM to Integrate Cloud Diagnostics Directly into the CCC™ X Data Exchange