The purpose of the trial is to share knowhow among Continental, EasyMile and VGF with the aim of determining the future requirements for driverless vehicles and usage models jointly and in a realistic manner. From April 17 to April 19, 2018, students at Frankfurt University of Applied Sciences (Frankfurt UAS) will be testing a driverless… Continue reading Continental and VGF Implement Autonomous Test Operation with Shuttle on Frankfurt University of Applied Sciences Campus
Tag: Tier 1 Suppliers
Car-sharing startup Turo raises additional $12 million
Peer-to-peer car-sharing marketplace Turo has officially closed a $104 million Series D round. This comes following a $12 million investment from Sumitomo Corporation and American Express Ventures, on top of a $92 million raise earlier this year. “As a company that is intensely focused on enabling its customers to have unique travel experiences, American Express’… Continue reading Car-sharing startup Turo raises additional $12 million
Continental Initiates Industry Hackathon for Innovative Solutions and New Business Models
Hannover Fair: Industry hackathon with international startups from four eco-systems Duensing: “Innovations are the lubricating oil and fuel for future-proof industrial companies.” Talented young people from Hanover, Hamburg, San Luis Potosí (Mexico) and Bucharest (Romania) search for solutions to challenges for the industry of the future Hanover, April 16, 2018. This year for the first… Continue reading Continental Initiates Industry Hackathon for Innovative Solutions and New Business Models
Japan: Mirai Creation Fund invests in financial robo-adviser WealthNavi
February 5, 2018 WealthNavi, provider of Japan’s biggest financial robo-adviser service, has raised fresh funds from Mirai Creation Investment Limited Partnership (Mirai Creation Fund) to further develop and improve its robo-adviser and asset management application. In a disclosure to the JASDAQ Securities Exchange on Monday, Sparx Group Co, operator and co-founder of Mirai Creation Fund,… Continue reading Japan: Mirai Creation Fund invests in financial robo-adviser WealthNavi
Groupe PSA: Appointment of Laurence Noël as Senior Vice President, ASEAN and Chief Executive Officer of the NAM Joint Venture in Malaysia
RUEIL-MALMAISON, France–(BUSINESS WIRE)–Regulatory News: Groupe PSA (Paris:UG): Laurence Noël has been appointed Senior Vice President, ASEAN and Chief Executive Officer of the NAM joint venture in Malaysia, effective 12 April 2018. She will report to Carlos Gomes, Executive Vice President, China & Southeast Asia. Laurence Noël joined Groupe PSA in 1995. After holding various positions in Powertrain Projects… Continue reading Groupe PSA: Appointment of Laurence Noël as Senior Vice President, ASEAN and Chief Executive Officer of the NAM Joint Venture in Malaysia
Thiel-Backed Autonomous Car Supplier Slashing Cost, Scaling Up
Luminar Technologies Inc., the self-driving sensor startup backed by billionaire Peter Thiel, is rolling out a cheaper-to-make version of its laser technology and ramping up production to supply the key component for autonomous vehicles. The startup released a new sensor platform Thursday that reduces the cost of its most expensive part from tens of thousands… Continue reading Thiel-Backed Autonomous Car Supplier Slashing Cost, Scaling Up
Sensoro Completes Multi-Million Dollar Series C Financing
Sensoro, a Seattle, WA-based Internet of Things technology service provider, completed a multi-million dollar Series C round of financing. Backers included Baidu Ventures, Northern Light Venture Capital, Robert Bosch Venture Capital and Chaos Investment, among other institutions. The company intends to use the funds to continue developing IoT technology, accelerate the global expansion of its… Continue reading Sensoro Completes Multi-Million Dollar Series C Financing
Continental Unveils New Assistance Concepts for Early Risk Detection of Aquaplaning Situations
Continental is developing new concepts designed to warn drivers about an imminent risk of aquaplaning Aquaplaning assistance concepts utilize surround view camera images and signals from tire-mounted sensors (eTIS) for advanced tire information The holistic concept can give the driver time to prevent the front wheels of the vehicle from floating, while warning other vehicles… Continue reading Continental Unveils New Assistance Concepts for Early Risk Detection of Aquaplaning Situations
Docomo and Valeo partner for the connected car
The two companies will launch the initiative to develop and deploy services from April 13th. Docomo works for the wide usage and promotion of the Internet of Things (IoT) in the automotive domain, among others, through the 5G mobile communication network planned for commercial use in 2020 and mobile networks such as IoT. Valeo is… Continue reading Docomo and Valeo partner for the connected car
Groupe PSA Launches Its Multi-Brand Offensive in Russia
RUEIL-MALMAISON, France–(BUSINESS WIRE)–Regulatory News: PSA’s (Paris:UG) multi-brand aftermarket offensive is a key component of its Push to Pass strategic plan announced in 2016. Its purpose is to expand the Group’s customer base to include all after-sales customers around the world, regardless of their budget or their vehicle’s make or age. In Russia, the first step… Continue reading Groupe PSA Launches Its Multi-Brand Offensive in Russia