SECURITIES REPURCHASING PROGRAMME(Decided by the annual shareholders’ meeting of 17 May 2019)Disclosure of trading in own sharesPeriod from 14 to 20 June 2019Issuer : COMPAGNIE GENERALE DES ETABLISSEMENTS MICHELINLEI : 549300SOSI58J6VIW052Types of securities: ordinary shares (ISIN : FR 0000121261)Full details of the programme disclosed on 26 April 2019Purchases effected during the period:(*) Shares purchased through a derivative instrument… Continue reading Michelin: Disclosure of trading in own shares – Period from 14 to 20 June 2019
Category: Suppliers
AEye Team Profile: Vivek Thotla
On June 26th, AEye Staff Engineer, Vivek Thotla, will be speaking on a panel called “Should We Take CV To The Edge?” at IoT Forum on Computer Vision @ Sensors Expo.
Vivek is a staff engineer at AEye, where he leads product verification and validation, and is responsible for LiDAR simulation and data strategy in producing automotive grade products. Previously, he was a Component Owner / Functional Delivery Owner for point cloud algorithms at Continental, where he was responsible for planning, requirements, design and development of embedded platform-based algorithms for a Hi-Res 3D Flash LiDAR, in addition to enforcing ADAS process stages to meet ASPICE levels and functional safety. He has also held engineering roles at Tribis, AmpliSine Labs, Missouri S&T and Enigma Portal. Vivek holds an MBA in Information Technology Project Management and a PhD and Masters in Electrical, Electronics and Communications Engineering.
We sat down with Vivek to learn more about the advantages of integrating computer vision at the sensor, building automotive grade LiDAR products, and why he decided to move to the Bay Area.
Q: How much of an autonomous vehicle’s computer vision should be done at the sensor, as opposed to a central processor?
The amount of data produced today by a perception system is enormous. And incorporating all the data from the different kinds of sensors used (like radar, camera, and LiDAR) makes it very difficult and expensive to process and store. In a typical perception system, roughly 80% of the data produced by the sensors is thrown out.
However, intelligent sensors – like what we develop at AEye – are software definable. Meaning, you can adjust its settings to get high resolution data from an object and get sparse data in the background, cutting down the overall amount of data processed by more than 80%. This makes computer vision algorithms at the central processor faster and efficient because once you preprocess data, latency becomes less of an issue. Currently, AV companies are spending a tremendous amount of money storing useless data. Preprocessing saves both time and money.
Q: What is the largest challenge in producing automotive grade LiDAR products?
Industry wide, the greatest challenge is maintaining the quality, reliability, and consistency needed on all components and software that go into a LiDAR sensor of over 100,000 samples or more and over the sensor’s lifetime. Another major challenge for bringing LiDAR products to the automotive market is designing the sensor to fit in different regions of the car. There are a lot of constraints based on where the sensor is placed on the vehicle and certain issues that arise from each placement. For example, a sensor placed behind a windshield might need a completely different design than a sensor that’s placed in the front bumper.
There are many interesting LiDAR architectures out there that work really well at smaller samples and in the lab. But the moment the product needs to scale and deal with all the quality and environmental requirements of being an automotive grade product, they fail. AEye is mitigating these challenges by partnering directly with Tier 1’s who know the process of making large-scale, automotive grade products. In my own experience, I’ve found that once a Tier 1 partners with you, they are extremely supportive because they believe in you, and that proves you are capable of achieving it.
In addition to our partners who help us push the sensor to automotive grade, we have a great functional safety team here at AEye. I came to AEye from a Tier 1, so I know what goes into developing an automotive grade sensor, and the AEye team is made up of people from all over the automotive industry that have great, diverse insight into how to bring a product to market.
Q: You moved to the Bay Area from Santa Barbara. What was it about Silicon Valley that drew you here?
It has always been my dream to come to Silicon Valley – you hear about it so much as the epicenter of technology and innovation. And it’s true: Silicon Valley is at the heart of the autonomous driving industry. All the innovative and novel work happening today in the LiDAR industry is happening here and I did not want to miss my chance to help develop the tools for true autonomy.
Connect with AEye at Sensors Expo! Learn more here.
AEye Team Profile: Vivek Thotla — VentureBeat Says iDAR Is “Built for Speed”AEye Team Profile: Dr. Allan SteinhardtAEye Adds VP of AI and Software to Executive TeamAEye Advisory Board Profile: Scott PfotenhauerThe Future of Autonomous Vehicles: Part II – Blind Technology without Compassion Is RuthlessAEye Advisory Board Profile: Adrian KaehlerAEye Team Profile: Indu VijayanAEye Expands Business Development and Customer Success Team to Support Growing Network of Global Partners and CustomersAEye Sets New Benchmark for LiDAR Range
20 Jun 2019 UK consortium to drive new era of electric powertrain developm…
Ground-breaking concepts aim to provide the most cost-effective, lightweight, compact and efficient electric powertrain on the market Ambitious ACeDrive project positions the UK as global leader in electric powertrain research and development Match-funding awarded by the APC to help deliver mass-production ready technology Project led by GKN Automotive in partnership with Drive System Design and… Continue reading 20 Jun 2019 UK consortium to drive new era of electric powertrain developm…
Michelin: Following a successful public offer, Michelin now holds 99.64% of the share capital of leading Indonesian tire manufacturer PT Multistrada Arah Sarana TBK.
Press releaseClermont-Ferrand – June 19, 2019 COMPAGNIE GÉNÉRALE DES ÉTABLISSEMENTS MICHELINIn line with its strategy, Michelin acquired 87.59% of PT Multistrada Arah Sarana TBK (“Multistrada”), a tire manufacturer based in Indonesia, on March 8, 2019. As Multistrada is a publicly listed company, and pursuant to Indonesian regulations, the Group launched a public offer for the remaining… Continue reading Michelin: Following a successful public offer, Michelin now holds 99.64% of the share capital of leading Indonesian tire manufacturer PT Multistrada Arah Sarana TBK.
Michelin now holds 99.64% of the share capital of Multistrada
Michelin now holds 99.64% of the share capital of Multistrada Following a successful public offer, Michelin now holds 99.64% of the share capital of leading Indonesian tire manufacturer PT Multistrada Arah Sarana TBK. In line with its strategy, Michelin acquired 87.59% of PT Multistrada Arah Sarana TBK (“Multistrada”), a tire manufacturer based in Indonesia, on… Continue reading Michelin now holds 99.64% of the share capital of Multistrada
Data allows cities to open up to us
The world’s cities are rapidly opening floodgates of data with goals of advancing infrastructure, providing transparency, and enabling developers to improve city services. But there are challenges to overcome. Cities, as best they can, are providing data that gives insight into almost every aspect of their existence. Search for any city and add the term… Continue reading Data allows cities to open up to us
Inside Look on Velodyne Products and Their Applications
Inside Look on Velodyne Products and Their ApplicationsJune 18, 2019|In Media Coverage|By Albie Jarvis
Lidar technology is fundamental to vehicle autonomy,
safety, and advanced driver assistance systems (ADAS).
David E. Zoia, Editorial Director at WardsAuto, wrote
about Velodyne’s latest lidar
products and their applications
in the Wards Intelligence story “Velodyne
Says Nearing Mass Production of Forward-Facing Lidar.”
In looking at Velodyne and its lidar products, Zoia
wrote, how the company “continues advancing the technology even as it keeps an
eye on the rest of the field in its rearview mirror.”
Zoia spoke with Marta Thoma Hall, President & CBDO of
Velodyne Lidar, who reviewed the state of lidar technology, mass production of
Velodyne sensors, lidar’s role in improving vehicle safety and more.
In discussing safety, Hall noted, “What we want to do
with our ADAS system is to cut down on 90% of accidents, which are caused by
front-facing accidents. This will actually save lives. This will not be a
comfort or convenience feature. We plan for it to be a safety system.”
Keep an eye on how lidar addresses the stringent safety requirements for vehicle autonomy and ADAS. To read the complete story, please go to (subscription required): https://subscribers.wardsintelligence.com/technology/velodyne-says-nearing-mass-production-forward-facing-lidar
Download the article in PDF form HERE:
Velodyne Says Nearing Mass Production of Forward-Facing LidarDownload
For Velodyne Lidar products click HERE
Powerful drive for transporting heavy loads
About Bosch eBike Systems A new generation of bikes is taking town and country by storm and is already a part of everyday life. eBikes are a modern means of transport for modern people: people in a hurry and people who prefer to take it easy, the fit and the comfort lovers, commuters and pleasure… Continue reading Powerful drive for transporting heavy loads
New premium Lock function makes pedelecs less attractive to thieves
About Bosch eBike Systems A new generation of bikes is taking town and country by storm and is already a part of everyday life. eBikes are a modern means of transport for modern people: people in a hurry and people who prefer to take it easy, the fit and the comfort lovers, commuters and pleasure… Continue reading New premium Lock function makes pedelecs less attractive to thieves
06/18/2019Light, sporty, and smart—MAHLE expands its range of components for e-bikes
Light, sporty, and smart—MAHLE expands its range of components for e-bikes
Stuttgart/Germany, June 18, 2019 – Following its acquisition of ebikemotion® Technologies SL (now MAHLE Ebikemotion S.L.U.) last year, MAHLE is continuously expanding its range of drive motors, electronic control units, batteries, and interactive components. One feature that sets the MAHLE drive system apart is its highly compact design. The sophisticated components fit completely into the bike’s frame and hub. As a result, it is not immediately identifiable as an e-bike. An intelligent user interface also gives the cyclist information on the cruising range, route, weather, and fitness data.
Home
Press
Press releases
Press release [PDF; 371 KB]Press picture [JPG; 148 KB] As an integrated systems provider, MAHLE offers connective e-bike drive systems with a hub and mid-drive motor, electronic control unit, and batteryExtensive selection of components enables “customization off the shelf”The powerful rear wheel hub motor from MAHLE weighs just 3.5 kilograms, including the battery. The compact design of the MAHLE drive system gives manufacturers unprecedented design freedom. The style is particularly attractive for racing bikes, gravel bikes, and city bikes. MAHLE also offers suitable mid-drive motors for mountain bikes and other high-performance e-bikes.
“With our innovative drive systems for light, high-performance bikes, and by expanding our product portfolio for smart bikes with a focus on connectivity, MAHLE is taking another major step toward the zero-emissions urban mobility of tomorrow,” says Thomas Kohlbauer, Vice President Mechatronics division at MAHLE.
Thanks to MAHLE’s connective components, a wealth of new applications for the Internet of Things (IoT) are being developed for end customers and bicycle manufacturers. With social media, theft prevention, and sharing concepts, for example, MAHLE components are opening up new markets for manufacturers and offering the possibility of a completely new product and cycling experience.
Well-known manufacturers such as Orbea, Colnago, Pinarello, and Bianchi have already opted for MAHLE’s drive system. MAHLE’s versatile systems competence and agile project teams played an important role in this decision. MAHLE aims to continuously expand and strengthen its position in the smart bikes segment.
About MAHLEMAHLE is a leading international development partner and supplier to the automotive industry as well as a pioneer for the mobility of the future. The MAHLE Group is committed to making transportation more efficient, more environmentally friendly, and more comfortable by continuously optimizing the combustion engine, driving forward the use of alternative fuels, and laying the foundation for the worldwide introduction of e-mobility. The group’s product portfolio addresses all the crucial issues relating to the powertrain and air conditioning technology—both for drives with combustion engines and for e-mobility. MAHLE products are fitted in at least every second vehicle worldwide. Components and systems from MAHLE are also used off the road—in stationary applications, for mobile machinery, rail transport, as well as marine applications.
In 2018, the group generated sales of approximately EUR 12.6 billion with more than 79,000 employees and is represented in more than 30 countries with 160 production locations. At 16 major research and development centers in Germany, Great Britain, Luxembourg, Spain, Slovenia, the USA, Brazil, Japan, China, and India, more than 6,100 development engineers and technicians are working on innovative solutions for the mobility of the future.
For further information, contact:MAHLE GmbH
Christopher Rimmele
Corporate Communications/Public Relations
Pragstraße 26–46
70376 Stuttgart/Germany
Phone: +49 711 501-12374
Fax: +49 711 501-13700
christopher.rimmele@mahle.com