Otonomo, a connected automotive company that has seen its stock price plummet since going public in 2021, has announced that it is coming together with Urgent.ly, a roadside assistance tech provider, in a reverse merger. The two are combining in an all-share deal that will see Urgently shareholders take 67% of the company and Otonomo… Continue reading Connected car consolidation, as Urgent.ly acquires Otonomo in reverse merger after its market cap plunges to $70M
Tag: Autonomous
Automotive Hypervisor Market worth 566 million by 2027 – Exclusive Report by MarketsandMarkets™
CHICAGO, Feb. 9, 2023 /PRNewswire/ — Automotive Hypervisor Market is projected to grow at a CAGR of 27.0% from 2022 to 2027, to reach USD 566 million by 2027 from USD 171 million in 2022 according to a new report by MarketsandMarkets™. The basic objective of the hypervisor is to create an abstraction of various automotive functions… Continue reading Automotive Hypervisor Market worth 566 million by 2027 – Exclusive Report by MarketsandMarkets™
HTPE backed Hesai Technology successfully lists on Nasdaq
NEW YORK and SHANGHAI, Feb. 10, 2023 /PRNewswire/ — Hesai Technology (“Hesai”), the portfolio company of Huatai International Private Equity Fund (“HTPE”), successfully debuts on the Nasdaq on February 9 Beijing time, becoming the first Chinese LiDAR company listed on the US stock exchanges. This also marks HTPE’s first IPO in 2023. Hesai (NASDAQ: HSAI)… Continue reading HTPE backed Hesai Technology successfully lists on Nasdaq
Europa Wire: Connected Cities Initiative Leads to 11 Million Euro MaaS Contract for Indra000469
Connected Cities Initiative Leads to 11 Million Euro MaaS Contract for Indra (IN BRIEF) Indra, a technology engineering company, has been chosen to develop a Mobility-as-a-Service (MaaS) platform for six Spanish cities: Valencia, Valladolid, Vitoria-Gasteiz, Gijón, Logroño, and Fuenlabrada. The platform will integrate all public and private transport services into one app for citizens to… Continue reading Europa Wire: Connected Cities Initiative Leads to 11 Million Euro MaaS Contract for Indra000469
Cleantechnica: How To Try A Tesla For A Month Without Committing 002581
Prospective Tesla buyers have a lot to consider ahead of making a purchase, and even more so if it’s their first time buying an electric vehicle. However, one new service will let users try a Tesla out for just a month, without forcing them to commit after they’re done. Image: Autonomy” data-medium-file=”https://cleantechnica.com/files/2022/07/Autonomy-Tesla-Model-3-subscription-400×267.jpeg” data-large-file=”https://cleantechnica.com/files/2022/07/Autonomy-Tesla-Model-3-subscription-800×534.jpeg” decoding=”async” loading=”lazy”… Continue reading Cleantechnica: How To Try A Tesla For A Month Without Committing 002581
Global Autonomous Last Mile Delivery Market 2023 to 2028: Players Include Drone Delivery Canada, Flytrex, Matternet, Relay Robotics and Robby Technologies
DUBLIN, Feb. 9, 2023 /PRNewswire/ — The “Autonomous Last Mile Delivery Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028” report has been added to ResearchAndMarkets.com’s offering. The global autonomous last mile delivery market size reached US$ 15.2 Billion in 2022. Looking forward, the publisher expects the market to reach US$ 47.8 Billion by… Continue reading Global Autonomous Last Mile Delivery Market 2023 to 2028: Players Include Drone Delivery Canada, Flytrex, Matternet, Relay Robotics and Robby Technologies
DXC Technology anticipa cinco tendencias en el sector de la automoción que redefinirán nuestra relación con los automóviles en los próximos cinco años
El cambio hacia los vehículos definidos por software transformará la industria automotriz mundial LONDRES, 10 de febrero de 2023 /PRNewswire/ — DXC Technology (NYSE: DXC), empresa líder mundial en servicios tecnológicos incluida en la lista Fortune 500, ha pronosticado cinco formas en que la industria automovilística redefinirá nuestra relación con los automóviles en los próximos… Continue reading DXC Technology anticipa cinco tendencias en el sector de la automoción que redefinirán nuestra relación con los automóviles en los próximos cinco años
New GM partnership gives automaker long-term supply of semiconductor chips
After nearly two years of a global shortage of semiconductor chips that crippled new-car production across the industry, General Motors has locked in exclusive production of a significant portion of the chips it will need for future cars. GM and GlobalFoundries, a global manufacturer of semiconductor chips, on Thursday announced a long-term agreement where GF… Continue reading New GM partnership gives automaker long-term supply of semiconductor chips
@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
Self-driving truck companies face a potential roadblock in California
After years of pressure from the autonomous vehicle industry, The California Department of Motor Vehicles is on the verge of allowing companies to test and deploy self-driving trucks on public roads. Now, a new speed bump has emerged. California Assembly Member Cecilia Aguiar-Curry introduced in late January a bill that would require a trained human safety operator… Continue reading Self-driving truck companies face a potential roadblock in California