Parallel Domain wants to train self-driving cars in virtual worlds

Kevin McNamara, a former Apple and Pixar employee, is bringing his virtual world creation expertise to the domain of self-driving cars. And he has $2.5 million from Costanoa Ventures, Ubiquity Ventures and others to do so. At Apple, McNamara says he worked on an autonomous systems project, where he explored automatic content generation of simulated… Continue reading Parallel Domain wants to train self-driving cars in virtual worlds

Aston Martin Says China Spurring Another Horse-to-Cars Moment

China’s policies to cut pollution is driving a rapid move toward electric vehicles in the world’s biggest market and causing an upheaval in the global auto industry, Aston Martin Holdings Ltd. Chief Executive Officer Andy Palmer said. “This whole show is revolving around what they call new energy vehicles, but Chinese policy is very much… Continue reading Aston Martin Says China Spurring Another Horse-to-Cars Moment

Mobile Industrial Robots acquired by Teradyne

Mobile Industrial Robots (MiR), a company that develops autonomous mobile robots for logistics applications, has been acquired by Teradyne, Inc. for €121 million ($148 million) net of cash acquired plus €101 million ($124 million at current exchange rate) if certain performance targets are met extending through 2020.   [Native Advertising] MiR is a company that was launched in Denmark five… Continue reading Mobile Industrial Robots acquired by Teradyne

Savari raises $12 million in Series B funding led by Aviva Ventures

Savari, Inc., announced it has raised $12 million in Series B funding, led by Aviva Ventures, the corporate venture capital arm of international insurer Aviva plc. Existing investors SAIC Capital, Flex, and an undisclosed strategic investor also participated in the round. Aviva Ventures, the lead investor in the round, plans to develop autonomous vehicle insurance… Continue reading Savari raises $12 million in Series B funding led by Aviva Ventures

Volkswagen in JV talks with China’s Didi to manage fleet, co-develop cars

April 30, 2018 Volkswagen AG, the world’s biggest automaker, is in talks to form a joint venture with China’s Didi Chuxing to manage part of the ride-hailing company’s fleet of cars and help develop “purpose-built” vehicles for Didi‘s services. As part of the deal between Volkswagen and China’s biggest ride-hailing service, expected to be signed… Continue reading Volkswagen in JV talks with China’s Didi to manage fleet, co-develop cars

BMW Teams up With Innoviz to Bring Solid State LiDAR to Its Future Self-Driving Cars

The Germans may be getting ready to outfit their upcoming fleet of autonomous cars with new sensors. via Innoviz BMW has been one of the more quiet manufacturers dabbling in autonomy this past year. Despite it looking to deliver a fully self-driving car as early as 2021, the German automaker has been very tightlipped on… Continue reading BMW Teams up With Innoviz to Bring Solid State LiDAR to Its Future Self-Driving Cars

Solid-State LiDAR from Magna & Innoviz for BMW Group

On the road to developing autonomous technologies, perhaps nothing is more important than the vehicle being able to see the world around it. To help meet this challenge, Magna and its partner, Innoviz Technologies, will supply the BMW Group with solid-state LiDAR for upcoming autonomous vehicle production platforms. Magna and its partner, Innoviz Technologies, will… Continue reading Solid-State LiDAR from Magna & Innoviz for BMW Group

Combustion and electric drive: Conti checks IPO of its drive division

All articles and backgrounds 04/27/2018 Combustion and electric drive Conti checks IPO of its drive division DPA Continental: Possible tripartite conversation The auto supplier Continental is considering outsourcing its propulsion business and taking some of it to the stock market. CEO Elmar Degenhart said on Friday before the shareholders, Conti continue to expand the division,… Continue reading Combustion and electric drive: Conti checks IPO of its drive division

UPDATE 1-Autoliv Q1 profit lags forecast ahead of split

(Adds detail, background, share price) STOCKHOLM, April 27 (Reuters) – Autoliv , the world’s largest maker of airbags and seatbelts, reported quarterly earnings just below market expectations on Friday and said it would not deliver financial guidance for the group ahead of its impending split. The Swedish automotive supplier said its first-quarter operating profit rose… Continue reading UPDATE 1-Autoliv Q1 profit lags forecast ahead of split

BMW: Innoviz & Magna

The sensors from BMW come from Innoviz and Magna, according to the new contracts. In terms of Lidar refers to the manufacturer BMW his supply of Innoviz or Magna. Magna Icon Radar. Source: Magna BMW should from now on its Lidarsensorik of Innoviz got a lidar manufacturer out Israel, These cooperate including with the supplier… Continue reading BMW: Innoviz & Magna