Elon Musk in talks with Israeli AI vision firm Cortica -report

TEL AVIV (Reuters) – Silicon Valley billionaire Elon Musk was in Israel to discuss a collaboration between electric car company Tesla Inc (TSLA.O) and Tel Aviv-based artificial intelligence firm Cortica, the Globes financial news website said on Tuesday. FILE PHOTO – Elon Musk, founder, CEO and lead designer at SpaceX and co-founder of Tesla, speaks… Continue reading Elon Musk in talks with Israeli AI vision firm Cortica -report

Security at All Levels: Continental Protects Components and Production against Hacker Attacks

Cyber security technology safeguards systems and safety-relevant components in vehicles against hacker attacks Security begins in the production plant: Production sites worldwide are set to receive a security upgrade With the purchase of the Israeli startup Argus Cyber Security, Continental is further expanding its expertise in the field of automotive cyber security Frankfurt am Main,… Continue reading Security at All Levels: Continental Protects Components and Production against Hacker Attacks

Bosch DAS 1000 calibration set: professional adjustment of sensors and cameras of driver assistance systems

The Automotive Aftermarket division (AA) provides the aftermarket and repair shops worldwide with a complete range of diagnostic and repair shop equipment and a wide range of spare parts – from new and exchange parts to repair solutions – for passenger cars and commercial vehicles. Its product portfolio includes products made as Bosch original equipment,… Continue reading Bosch DAS 1000 calibration set: professional adjustment of sensors and cameras of driver assistance systems

Ballard Fuel Cell Module to Power Hybrid UPS Delivery Van Trial Program in California

VANCOUVER, March 19, 2018 /PRNewswire/ – Ballard Power Systems (NASDAQ: BLDP; TSX: BLDP) today announced that it has signed a contract with CALSTART (www.calstart.org) for a Ballard 30 kilowatt (kW) FCveloCity®-MD fuel cell module to be used in a trial and development program involving UPS Class-6 delivery vans operating in California’s South Coast Air Basin, including… Continue reading Ballard Fuel Cell Module to Power Hybrid UPS Delivery Van Trial Program in California

Here’s how Uber’s self-driving cars are supposed to detect pedestrians

A self-driving vehicle made by Uber has struck and killed a pedestrian. It’s the first such incident and will certainly be scrutinized like no other autonomous vehicle interaction in the past. But on the face of it it’s hard to understand how, short of a total system failure, this could happen when the entire car… Continue reading Here’s how Uber’s self-driving cars are supposed to detect pedestrians

Group 1 Announces Market Conditions and Costs Associated with Strategic Initiatives Will Negatively Impact First Quarter Results

HOUSTON, March 19, 2018 /PRNewswire/ — Group 1 Automotive, Inc. (NYSE: GPI), (“Group 1” or the “Company”), an international, Fortune 500 automotive retailer, today announced that first quarter earnings will be negatively affected by weak market conditions, including pressure on used car margins, as well as costs associated with a series of long-term, strategic investments designed… Continue reading Group 1 Announces Market Conditions and Costs Associated with Strategic Initiatives Will Negatively Impact First Quarter Results

Desktop Metal close new financing round with Ford

Desktop Metal, a 3D printer manufacturer, has received $65 Million in a new funding round led by Ford. The latest financing round follows a successful 2017 for the Burlington Massachusetts based company and brings total funding to $277 Million. In June 2017 the closure of a  series D finance round brought unicorn status to the… Continue reading Desktop Metal close new financing round with Ford

UPDATE 2-VW to invest $340 mln in Tennessee to build new SUV

WASHINGTON (Reuters) – Volkswagen AG (VOWG_p.DE) announced on Monday that it plans to invest $340 million to build a new sport utility vehicle at its Chattanooga, Tennessee, plant in the United States as demand surges for larger vehicles. FILE PHOTO – The Volkswagen Chattanooga Assembly Plant in Chattanooga, Tennessee November 4, 2015. REUTERS/Tami Chappell It… Continue reading UPDATE 2-VW to invest $340 mln in Tennessee to build new SUV

Can you 3D-print a car? This company in China will mass print cars by 2019 for US$10000 each

X Electrical Vehicle, from Italy, says it is edging closer to mass production in China of its low-speed 3D-printed cars, which could now be hitting the streets by the second quarter of 2019. Guo Xiaozheng, a senior designer at the firm also known as XEV, said the electric car – expected to sell at 60,000… Continue reading Can you 3D-print a car? This company in China will mass print cars by 2019 for US$10000 each

NHTSA probes 4 deaths in Hyundai-Kia cars when air bags failed

Detroit Free Press Published 11:29 a.m. ET March 17, 2018 Air bag light (Photo: deepblue4you, Getty Images/iStockphoto) Air bags in some Hyundai and Kia cars failed to inflate in crashes and four people are dead. Now the U.S. government’s road safety agency wants to know why. The National Highway Traffic Safety Administration says it’s investigating… Continue reading NHTSA probes 4 deaths in Hyundai-Kia cars when air bags failed