Here acquires Micello to add indoor mapping as part of its IoT business unit

Here Technologies, the mapping company valued at around $3 billion that counts a consortium of car makers, Intel and others among its shareholder/owners, today announced a move that underscores its intention to focus on more than just the outdoor navigation business. The company has acquired Micello, a startup that offers a database of indoor maps… Continue reading Here acquires Micello to add indoor mapping as part of its IoT business unit

Ford Motor Company Reports Fourth Quarter and Full Year 2017 Results; Revenue Up, Net Income Higher, Adjusted Pre-Tax Profit Lower

About Ford Motor Company Ford Motor Company is a global company based in Dearborn, Michigan. The company designs, manufactures, markets and services a full line of Ford cars, trucks, SUVs, electrified vehicles and Lincoln luxury vehicles, provides financial services through Ford Motor Credit Company and is pursuing leadership positions in electrification, autonomous vehicles and mobility solutions.… Continue reading Ford Motor Company Reports Fourth Quarter and Full Year 2017 Results; Revenue Up, Net Income Higher, Adjusted Pre-Tax Profit Lower

The dealers of Renault won 700,000 euros on average in 2017, with a return of 1.7%

Posted 1/24/2018 12:16:12 PM The financial RCI granted loans in Spain for about 1,000 million euros in 2017 MADRID, 24 Jan. (EUROPA PRESS) – The network of dealerships of the French automobile consortium Renault in Spain closed last year with an average return on turnover of between 1.65% and 1.7%, as announced by the general… Continue reading The dealers of Renault won 700,000 euros on average in 2017, with a return of 1.7%

Thales and Vector collaborate on connected car cybersecurity

Thales, through its German company Sysgo, and Vector, the Stuttgart-based specialist for automotive embedded electronics founded a joint-venture to address the critical issue of multiple software managing multiple – often safety-critical – functions. The volume and complexity of software used to manage virtually every aspect of a connected or autonomous vehicle, both mechanic and electronic,… Continue reading Thales and Vector collaborate on connected car cybersecurity

Berlin’s Blacklane raises $40-45M for its high-end transport on demand service

Transportation-on-demand startups betting on growth by homing in on specific market segments continue to play strong with both investors and customers looking for alternatives to traditional taxis and Uber. Today, Blacklane, a Berlin-based business that offers limousines and other high-end cars for airport and other medium-length journeys, is announcing that it has raised a significant… Continue reading Berlin’s Blacklane raises $40-45M for its high-end transport on demand service

Nissan and Shikoku Electric join forces to promote electric cars

Buyers of new Nissan LEAF in Japan’s Shikoku region to earn points toward electricity bill YOKOHAMA, Japan (Jan. 24, 2018) – Buyers of the new Nissan LEAF in a region of western Japan will earn points that they can use to help pay their utility bills, as part of a partnership to promote electric cars.… Continue reading Nissan and Shikoku Electric join forces to promote electric cars

The quest for Asia’s ride-hailing market & more

The quest for Asia’s ride-hailing market & more Welcome to our weekly news highlights by Splyt, the place where you‘ll find the most relevant information about the urban mobility scene. Follow us for updated news, we post every Tuesday! Here is what happened last week:Self-driving car startup Pony.ai raises $112 One of the now many autonomous driving… Continue reading The quest for Asia’s ride-hailing market & more

Uber CEO hopes to have self-driving cars in service in 18 months

Uber CEO Dara Khosrowshahi was speaking to Bloomberg Editor-in-Chief John Micklethwait today at the new outlet’s event #TheYearAhead event, and he shared some more information about Uber’s plans around autonomy, and autonomous ride-hailing service rollout. “True autonomy for every single use case, is some ways away,” Khosrowshahi began, acknowledging that the problem is a massive… Continue reading Uber CEO hopes to have self-driving cars in service in 18 months

Full autonomy is years away, but here’s what’s next on autonomy’s wild ride

Ajay Chopra Contributor Ajay Chopra co-founded Pinnacle Systems in his living room and grew it to a multi-billion dollar public company before becoming a venture capitalist with Trinity Ventures. More posts by this contributor: From the distributed workforce to the partnered economy After China, India looms as Uber’s next battleground We’ve come a long way since 2009… Continue reading Full autonomy is years away, but here’s what’s next on autonomy’s wild ride

Tesla Driver, Passed Out Drunk, Tells Highway Patrol Autopilot Was in Charge

The California Highway Patrol (CHP) says a driver was found passed out in his Tesla with a very high blood alcohol content on San Francisco’s Bay Bridge on Friday. The driver, according to CHP, claimed the car had been “set on autopilot” in an apparent attempt to defend himself. The highway patrol, seemingly unimpressed, arrested… Continue reading Tesla Driver, Passed Out Drunk, Tells Highway Patrol Autopilot Was in Charge