NEW YORK, Feb. 14, 2023 /PRNewswire/ — The global autonomous vehicle ECU market size is estimated to increase by USD 2,446.92 million between 2022 and 2027. The market’s growth momentum will accelerate at a CAGR of 24.12%. The report also includes historic market data from 2017 to 2021. In 2017, the autonomous vehicle ECU market… Continue reading Autonomous vehicle ECU market to grow at a CAGR of 24.12%: Evolving opportunities with Aptiv PLC, Autoliv Inc among others – Technavio
Tag: Autonomous
BMW and Valeo engage in a strategic cooperation to co-develop next-generation Level 4 automated parking experience
Valeo Group | 14 Feb, 2023 | 5 min Munich/Paris. BMW Group and Valeo are taking their long-existing relationship to the next level with a new partnership. After the major announcement of their collaboration for ADAS domain controller, sensors and software for parking and maneuvering for BMW’s upcoming platform generation “Neue Klasse”*, the BMW Group and… Continue reading BMW and Valeo engage in a strategic cooperation to co-develop next-generation Level 4 automated parking experience
Automotive Steering System Market worth $39.5 billion by 2027- Exclusive Report by MarketsandMarkets™
CHICAGO, Feb. 14, 2023 /PRNewswire/ — Automotive Steering System Market is projected to grow from USD 35.3 billion in 2022 to USD 39.5 billion by 2027, at a CAGR of 2.3% according to a new report by MarketsandMarkets™. Increasing global vehicle production is the key factor driving the demand for automotive filters. Additionally, rising stringency in emission, fuel… Continue reading Automotive Steering System Market worth $39.5 billion by 2027- Exclusive Report by MarketsandMarkets™
Automotive Steering System Market worth $39.5 billion by 2027- Exclusive Report by MarketsandMarkets™
CHICAGO , Feb. 14, 2023 /PRNewswire/ — Automotive Steering System Market is projected to grow from USD 35.3 billion in 2022 to USD 39.5 billion by 2027, at a CAGR of 2.3% according to a new report by MarketsandMarkets™. Increasing global vehicle production is the key factor driving the demand for automotive filters. Additionally, rising stringency in emission, fuel… Continue reading Automotive Steering System Market worth $39.5 billion by 2027- Exclusive Report by MarketsandMarkets™
Amid merger and bankruptcy in the West, lidar maker Hesai nails $190M IPO
Last week, China’s lidar maker Hesai raised an upsized IPO in the U.S. at a time the industry is reeling from layoffs, bankruptcy, and consolidation. The Shanghai- and California- based company, which makes the sensing technology critical to autonomous driving and increasingly advanced driver assistant systems, raised $190 million from its public offering on Nasdaq.… Continue reading Amid merger and bankruptcy in the West, lidar maker Hesai nails $190M IPO
@VW Group: White Paper – The Autonomous Logistics Hubs of the Future006660
1. All information offered on Porsche Newsroom, including but not limited to, texts, images, audio and video documents, are subject to copyright or other legislation for the protection of intellectual property. They are intended exclusively for use by journalists as a source for their own media reporting and are not intended for commercial use, in… Continue reading @VW Group: White Paper – The Autonomous Logistics Hubs of the Future006660
Via closes financing round at $3.5B valuation, raising $110M to expand TransitTech portfolio
Strong demand for Via’s software drives rapid growth NEW YORK, Feb. 13, 2023 /PRNewswire/ — Via, the global leader in TransitTech, today announces it has closed a financing round led by 83North, with participation from new and existing investors including Exor N.V., Pitango, Janus Henderson, CF Private Equity, Planven Entrepreneur Ventures, Riverpark Ventures, and ION… Continue reading Via closes financing round at $3.5B valuation, raising $110M to expand TransitTech portfolio
CaPow Raises $7.5 Million Seed Round Funding to Introduce Battery-Free Perpetual Power Delivery System for Robots in Logistic Centers and Industrial Facilities
CaPow’s autonomous, battery-free and high-power energy eco-system eliminates robots’ dependency on costly, hazardous, Lithium-Ion batteries. The company’s patented technology dramatically reduces CapEx, OpEx and carbon footprint, while keeping optimal operational continuity as there is no robot downtime due to charging. BE’ER SHEVA, Israel, Feb. 13, 2023 /PRNewswire/ — CaPow, a perpetual power solution provider, today announced it… Continue reading CaPow Raises $7.5 Million Seed Round Funding to Introduce Battery-Free Perpetual Power Delivery System for Robots in Logistic Centers and Industrial Facilities
An AI agent flew a USAF training aircraft for over 17 hours
Lockheed Martin says it’s the first time AI has flown a tactical aircraft. An artificial intelligence agent recently flew the Lockheed Martin VISTA X-62A training aircraft for over 17 hours. VISTA (which stands for Variable In-flight Simulation Test Aircraft) can use software to simulate the performance characteristics of other aircraft. On this occasion, it mimicked… Continue reading An AI agent flew a USAF training aircraft for over 17 hours
@GM: GlobalFoundries and GM Announce Long-Term Direct Supply Agreement for U.S. Production of Semiconductor Chips
GlobalFoundries and GM Announce Long-Term Direct Supply Agreement for U.S. Production of Semiconductor Chips 2023-02-09 MALTA, NEW YORK AND DETROIT — General Motors Co. (NYSE: GM) and GlobalFoundries (NASDAQ: GFS) (GF) today announced a strategic, long-term agreement establishing a dedicated capacity corridor exclusively for GM’s chip supply. Through this first-of-its-kind agreement, GF will manufacture for… Continue reading @GM: GlobalFoundries and GM Announce Long-Term Direct Supply Agreement for U.S. Production of Semiconductor Chips