Car models integrated with DeepRoute IO set to launch this year. Photo provided to chinadaily.com.cn Chinese autonomous driving startup DeepRoute.ai announced on Tuesday that it has completed a strategic series C1 funding round, raising $100 million from leading Chinese automotive original equipment manufacturers or OEMs. The funding will enhance the research and development in end-to-end… Continue reading Autonomous driving startup DeepRoute.ai raises capital
Tag: Autonomous
Serve Robotics Announces Third Quarter 2024 Results
Announced plans for geographic expansion into the Dallas Fort Worth metro Completed $32.3 million in capital raise transactions; Cash balance of $50.9 million as of third quarter end Announced agreement to acquire Vebu and its pioneering avocado-processing robot, Autocado SAN FRANCISCO, Nov. 7, 2024 /PRNewswire/ — Serve Robotics Inc. (the “Company” or “Serve”) (Nasdaq: SERV),… Continue reading Serve Robotics Announces Third Quarter 2024 Results
@VW Group: The future looks bright009543
Jordan Wallace was many things before he made history as the first African American driver in the Porsche Carrera Cup North America. He’s been a cook, a mechanic, and a driving coach. He’s taught teen driver safety programs, helped people recovering from traumatic car accidents rediscover confidence behind the wheel, and even worked with companies… Continue reading @VW Group: The future looks bright009543
Yoshi Mobility spins off fossil fuel refueling unit to focus on e-mobility
Yoshi Mobility, a US-based mobile charging company, will spin off its fleet fuel division. The move is “part of its renewed commitment to sustainability and an electric future,” the company said. The fleet fueling unit will be acquired by EZFill Holdings. Since emerging from Y-Combinator in 2016, Yoshi has focused on operations in three areas;… Continue reading Yoshi Mobility spins off fossil fuel refueling unit to focus on e-mobility
U.S. Navy and Lockheed Martin Skunk Works® Demonstrate First Live Control of an Uncrewed Air Vehicle by UMCS and MDCX™
PATUXENT RIVER, Md., Nov. 7, 2024 /PRNewswire/ — Lockheed Martin (NYSE: LMT) collaborated with the U.S. Navy and General Atomics (GA) in a first-ever live control flight demonstration of an uncrewed system by the Unmanned Carrier Aviation Mission Control Station (UMCS). Continue Reading In preparation for a test event, MQ-25 Air Vehicle Pilots monitor the… Continue reading U.S. Navy and Lockheed Martin Skunk Works® Demonstrate First Live Control of an Uncrewed Air Vehicle by UMCS and MDCX™
@Groupe PSA: PR Infineon and Stellantis Team Up to Advance Innovation in Power Conversion and Distribution for Next Generation of Vehicle Architectures007696
AMSTERDAM and Munich, Germany – Stellantis N.V. and Infineon Technologies AG (FSE: IFX / OTCQX: IFNNY) announced today they will work jointly on the power architecture for Stellantis’ electric vehicles to support Stellantis’ ambition of offering clean, safe and affordable mobility to all. To support this, the companies have signed major supply and capacity agreements that… Continue reading @Groupe PSA: PR Infineon and Stellantis Team Up to Advance Innovation in Power Conversion and Distribution for Next Generation of Vehicle Architectures007696
Lyft with May Mobility, Mobileye and Nexar
Lyft is starting a new era of autonomous driving: The ride-sharing company has announced three promising partnerships in the field of self-driving cars. With May Mobility, Mobileye and Nexar wants Lyft expand its platform for autonomous mobility and introduce the first self-driving vehicles as early as 2025 Atlanta insert. The group wants to strengthen its… Continue reading Lyft with May Mobility, Mobileye and Nexar
Cyngn Highlights Its Proprietary Computer Vision Advancements with NVIDIA Accelerated Computing
Cyngn has announced progress of its proprietary computer vision (CV) technology for industrial autonomous machines, built on NVIDIA accelerated computing. MENLO PARK, Calif., Nov. 7, 2024 /PRNewswire/ — Cyngn Inc. (Nasdaq: CYN) has announced progress of its proprietary computer vision (CV) technology for industrial autonomous machines, built on NVIDIA accelerated computing. This announcement showcases the… Continue reading Cyngn Highlights Its Proprietary Computer Vision Advancements with NVIDIA Accelerated Computing
Ceva, Inc. Announces Expansion of Existing Share Repurchase Program
ROCKVILLE, Md., Nov. 7, 2024 /PRNewswire/ — Ceva, Inc. (NASDAQ: CEVA), the leading licensor of silicon and software IP that enables Smart Edge devices to connect, sense and infer data more reliably and efficiently, today announced that its Board of Directors authorized the expansion of the company’s share repurchase program with an additional 700,000 shares of… Continue reading Ceva, Inc. Announces Expansion of Existing Share Repurchase Program
Dassault Systemes design tool CATIA expands horizons to E&E engineering
CATIA, which is the flagship design tool of the French technology major Dassault Systemes, and is widely renowned across the automotive and aerospace industries as a key enabler of computer-aided design (CAD) and computer-aided engineering (CAE), is transforming itself to meet the changing needs of the two sectors. As the automotive industry undergoes an accelerated… Continue reading Dassault Systemes design tool CATIA expands horizons to E&E engineering