Many automakers believe that lidar, light-based mapping, is the key to vehicle autonomy. However, lidar is still pretty darn expensive, which makes mass-market adoption difficult. A new kind of lidar could change that, and BMW is ready to adopt it. Magna and Innoviz Technologies announced today that the two companies will provide BMW with solid-state… Continue reading BMW’s Magna solid-state lidar deal paves the way to autonomy
Tag: Autonomous
Updating the Automotive Future: ZF joins eSync Alliance
As vehicles are being prepared for the digitalized future, outfitted with sophisticated, automated features with autonomous functions looming on the horizon, up-to-date software is crucial in ensuring road safety, cybersecurity and efficiency. However, returning vehicles to a manufacturer’s dealership or a repair shop to install the newest software is cumbersome and costly, especially for fleet… Continue reading Updating the Automotive Future: ZF joins eSync Alliance
Innoviz inks deal putting its solid-state lidar in BMW autonomous cars
In a recent press release, automotive supplier Magna and its partner Innoviz announced a deal to supply the BMW Group with solid-state lidar sensors for its upcoming autonomous vehicle production. The contract is one of the first in the industry for production of solid-state lidar at scale. We last heard from Innoviz in September of… Continue reading Innoviz inks deal putting its solid-state lidar in BMW autonomous cars
Visteon Announces First-Quarter 2018 Results
View the first-quarter 2018 financial summary infographic Visteon Announces First-Quarter 2018 Results Delivered solid financial performance Sales of $814 million Net income of $65 million Adjusted EBITDA of $104 million Net cash generated from operating activities of $81 million Adjusted free cash flow of $48 million Awarded $1.6 billion in new business Multiple SmartCore™ awards… Continue reading Visteon Announces First-Quarter 2018 Results
Continental Expands Automated Driving Tests on the Autobahn
The technology company Continental is expanding its global test drives for highly and fully automated driving – in Lower Saxony as well. The focus of development remains the production readiness of highly automated driving Tests on the autobahn are rounded off with system tests in an urban setting Hanover, April 26, 2018. The technology company… Continue reading Continental Expands Automated Driving Tests on the Autobahn
BMW is working with LiDAR company Innoviz to make self-driving cars
BMW has already made clear its intent to launch self-driving cars by 2021. Now, the automaker has decided on solid-state LiDAR (Light Detection and Ranging) sensors and computer vision tech from startup Innoviz to enable its Level 3 – 5 autonomous vehicles to “see” their surroundings. For clarity, level 3 involves highly-automated driving, level four… Continue reading BMW is working with LiDAR company Innoviz to make self-driving cars
(2nd LD) Hyundai Q1 net plunges 48 pct on strong won, weak sales
(ATTN: ADDS analyst comment and stock price in paras 5-8) By Choi Kyong-ae SEOUL, April 26 (Yonhap) — Hyundai Motor Co., South Korea’s biggest carmaker by sales, said Thursday its first-quarter net profit plunged 48 percent on the strong won and weak sales in two major markets. In an earnings shock, net profit for the… Continue reading (2nd LD) Hyundai Q1 net plunges 48 pct on strong won, weak sales
Hyundai Mobis outlines growth plans in line with group’s streamlining
SEOUL, April 26 (Yonhap) — Hyundai Mobis Co., South Korea’s biggest auto parts maker by sales, on Thursday outlined its growth plans in line with its parent Hyundai Motor Group’s broad governance restructuring program. The move comes after Hyundai Motor Group announced last month that auto parts supplier Hyundai Mobis will spin off its domestic… Continue reading Hyundai Mobis outlines growth plans in line with group’s streamlining
Tesla’s head of Autopilot leaves, ex-Apple exec to succeed
(Reuters) – Tesla Inc said on Thursday Jim Keller, the head of its low-voltage hardware, Autopilot software and infotainment, is leaving the automaker to focus on microprocessor engineering with another company. An advertisement promotes Tesla Autopilot at a showroom of U.S. car manufacturer Tesla in Zurich, Switzerland March 28, 2018. REUTERS/Arnd Wiegmann Pete Bannon, who… Continue reading Tesla’s head of Autopilot leaves, ex-Apple exec to succeed
LG ACQUIRES GLOBAL PREMIUM AUTOMOTIVE LIGHTING COMPANY ZKW GROUP
EUR 1.1 Billion Deal Largest in LG’s 60 Year History SEOUL, Apr. 26, 2018 ― Earlier today, the Board of Directors of LG Electronics (LG) approved the acquisition of leading automotive lighting and headlight systems provider ZKW Group, capping a deal worth more than EUR 1.1 billion, LG’s largest acquisition to date. Under the terms… Continue reading LG ACQUIRES GLOBAL PREMIUM AUTOMOTIVE LIGHTING COMPANY ZKW GROUP