LAS VEGAS, Jan. 10, 2018 — CES — NVIDIA today unveiled details of its functional safety architecture for NVIDIA DRIVE™, its AI autonomous vehicle platform, which uses redundant and diverse functions to enable vehicles to operate safely, even in the event of faults related to the operator, environment or systems. The NVIDIA DRIVE architecture enables automakers… Continue reading NVIDIA Announces World’s First Functionally Safe AI Self-Driving Platform
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Ford Sollers to hire 600 to meet growing Russian car demand
MOSCOW, Jan 10 (Reuters) – Ford’s Russian joint venture Ford Sollers plans to create 600 new jobs at its Elabuga plant and institute a six-day week to meet growing demand, it said on Wednesday. Sales of sport-utility vehicles (SUVs) and light commercial vans produced at its plant in the Russian republic of Tatarstan, which makes… Continue reading Ford Sollers to hire 600 to meet growing Russian car demand
Asia tech news roundup – Jan 10
Checking stock before it gets sent to buyers. Photo credit: Leflair APAC Mining, NiYO, and Leflair were a few of the startups that announced funding in Asia Pacific today, while news emerged of Line’s plans to support cryptocurrencies. Fintech Lendingkart secures US$4.7 million in debt funding (India). The online lender for small businesses netted the… Continue reading Asia tech news roundup – Jan 10
New infotainment system with innovative address system: Daimler invests in what3words
Investment expands cooperation with the start-up New models from the compact class are first to use the address system Navigation destination easy to input with three words Stuttgart – Daimler AG is expanding cooperation with the start-up what3words. As part of the move, the company took part in a round of financing by what3words and… Continue reading New infotainment system with innovative address system: Daimler invests in what3words
Bosch Group sells starter motor division to ZMJ
The Bosch Group’s well-established starter motor and generator division has completed its transition to an independent company and will operate as SEG Automotive, effective immediately, including the local division SEG Automotive India. The company’s new owner is Zhengzhou Coal Mining Machinery Group Co (ZMJ) and an investment group. SEG Automotive India is an integral part… Continue reading Bosch Group sells starter motor division to ZMJ
Renault-Nissan-Mitsubishi launch $1 bln venture capital fund
TOKYO, Jan 10 (Reuters) – The Renault-Nissan-Mitsubishi alliance said it is setting up a venture capital fund that plans to invest as much as $1 billion over five years, the latest move by major carmakers as they seek to adapt to rapid industry change by investing in startups. It is set to be largest corporate… Continue reading Renault-Nissan-Mitsubishi launch $1 bln venture capital fund
Visteon and Guangzhou Automobile Group of China Automotive Engineering Institute Sign Strategic Cooperation Agreement for Autonomous Driving and Cockpit Electronics Development
LAS VEGAS, Jan. 9, 2018 /PRNewswire/ — Visteon Corporation (Nasdaq: VC), a global leader in automotive cockpit electronics, today signed a strategic cooperation agreement with Guangzhou Automobile Group Co., Ltd. Automotive Engineering Institute (GAC Engineering), a leading China-based vehicle manufacturer, to develop and deploy autonomous driving and other cockpit electronics solutions. Under the agreement, both companies will collaborate on the development… Continue reading Visteon and Guangzhou Automobile Group of China Automotive Engineering Institute Sign Strategic Cooperation Agreement for Autonomous Driving and Cockpit Electronics Development
Renault-Nissan-Mitsubishi launches a venture capital fund to invest up to $1 billion over five years
Alliance ventures to prioritize next-generation mobility with $200 million year-one funding New entity to act as main interface for start-ups, investors and the venture capital ecosystem Fund prioritizes open innovation in new mobility, including electrification, autonomous systems, connectivity and artificial intelligence First deal to be a strategic investment in Ionic Materials, a US company developing… Continue reading Renault-Nissan-Mitsubishi launches a venture capital fund to invest up to $1 billion over five years
Ford lays out grand vision for a self-driving car future
LAS VEGAS — Ford CEO Jim Hackett offered an ambitious vision for the automaker’s self-driving vehicle business strategy Tuesday, depicting a future that will be as much as about networks of cars and traffic signals as any particular models. Ford CEO James Hackett smiles while getting ready for an interview next to a self-driving delivery… Continue reading Ford lays out grand vision for a self-driving car future
Intel, Mobileye unveil first autonomous car
The CEO of Intel Corp. Brian Krzanich unveiled the US semiconductor giant’s first autonomous car and announced a new collaboration with China’s carmaker SAIC Motor, during a keynote opening address at the 2018 Consumer Electronics Show (CES) in Las Vegas. The car includes 12 cameras, radars, laser scanners and computing technologies developed by Mobileye and… Continue reading Intel, Mobileye unveil first autonomous car