STOCKHOLM, Oct. 30, 2019 /PRNewswire/ — Veoneer, Inc. (NYSE: VNE and SSE: VNE SDB), the world’s largest pure-play company focused on Advanced Driving Assistance Systems and Automated Driving, has signed agreements (the “Definitive Agreements”) to sell its 51% ownership in the Japanese (VNBJ) and Chinese (VNBZ) entities that comprise Veoneer Nissin Brake Systems (VNBS) to… Continue reading Veoneer to Divest Japan and China Operations of Brake System Joint Venture
Tag: Autonomous
Hyundai Motor Group TECH, Opens as New Platform for HMG’s Innovation Efforts
Newest communication channel to provide product-related content on advanced technology of Hyundai Motor Group (HMG) Information Hub for key future automobile technology such as artificial intelligence and smart mobility To feature tech-focused content with video and infographics Hyundai Motor Group (the Group) launched its newest communication platform: Hyundai Motor Group TECH (https://tech.Hyundaimotorgroup.com). The website is… Continue reading Hyundai Motor Group TECH, Opens as New Platform for HMG’s Innovation Efforts
Volkswagen To Unveil All-New ID. Concept On November 19
One more MEB-based Volkswagen concept model to debut next month. Next month, Volkswagen is going to unveil another all-electric concept from the ID. family at a private event on Tuesday, November 19, 2019. The debut of a new BEV concept is associated with the launch of the new exhibit, titled “Building an Electric Future,” at the… Continue reading Volkswagen To Unveil All-New ID. Concept On November 19
VW lineside logistics reduces Golf production time by an hour – Automotive Logistics
Volkswagen lineside workers have been instrumental in reducing the time it takes to assemble a Golf by one hour. In the preparation stage for production of the best-selling model’s eighth generation, around 700 work steps were analysed at more than 400 workshops to draw on existing efficiency reserves, the company said. The result saw “numerous process… Continue reading VW lineside logistics reduces Golf production time by an hour – Automotive Logistics
Waymo expands self-driving services to include B2B car parts delivery trial
Self-driving vehicle technology company Waymo has expanded its business relationship with automotive retail company AutoNation, the companies announced today. The new extension builds on the existing partnership between Waymo and AutoNation, which began as a way for Waymo to service its Phoenix, Ariz.-based vehicles, and which grew last year into an arrangement wherein Waymo would… Continue reading Waymo expands self-driving services to include B2B car parts delivery trial
Introducing Uber ATG’s Self-Driving Safety & Responsibility Board
By: Chan Lieu, Sr. Safety Program Analyst Uber ATG is pleased to announce the creation of our Self-Driving Safety and Responsibility Advisory (SARA) Board. The SARA Board is an independent panel of safety experts charged with reviewing, advising, and suggesting changes to Uber ATG’s self-driving enterprise, including inputs on organizational goals and priorities. We believe… Continue reading Introducing Uber ATG’s Self-Driving Safety & Responsibility Board
Prophesee Raises $28M in Funding
Prophesee SA (formerly Chronocam), a Paris, France-based developer of an advanced neuromorphic vision system, closed a $28m funding round. The round, which brought total funding to date to $68m, was led by the European Investment Bank, with participation from existing investors such as iBionext, 360 Capital Partners, Robert Bosch Venture Capital and Supernova Invest, as… Continue reading Prophesee Raises $28M in Funding
Tata Sons stake in Tata Motors to rise to 43.73% post Rs 6,500 cr preferential issue
Tata Motors group has a net debt of Rs 50,000 crore out of which Tata Motors Ltd alone account for Rs 20,000 crore. New Delhi: Tata Sons, the promoter of major operating companies of the Tata Group, will increase its shareholding in Tata Motors to 43.73 per cent after the proposed Rs 6,500 crore preferential… Continue reading Tata Sons stake in Tata Motors to rise to 43.73% post Rs 6,500 cr preferential issue
Hyundai Mobis increases the 5G connected car development synergies
Hyundai Mobis and KT to share the results of technology development and discuss future collaboration at the Seosan Proving Ground Completed the first development project, e.g. update of the map and C-V2X six months after the start of full-scale development in January Planning to build the autonomous driving remote monitoring system using the 5G communication… Continue reading Hyundai Mobis increases the 5G connected car development synergies
VW Finance Chief outlines road map for $222-billion ambition
The seven-point plan includes strengthening individual brands such as VW, Audi and Porsche, growth in China and boosting software operations. Frankfurt: Days before production starts on Volkswagen AG’s cornerstone electric vehicle, the German manufacturer is stepping up a campaign to more than double the market value and gain investor recognition for the industry’s most ambitious… Continue reading VW Finance Chief outlines road map for $222-billion ambition