Tag: Autonomous

Robert Bosch Venture Capital invests in AutoAI

About RBVC GmbH Robert Bosch Venture Capital GmbH (RBVC) is the corporate venture capital company of the Bosch Group, a leading global supplier of technology and services. RBVC invests worldwide in innovative start-up companies at all stages of their development. Its investment activities focus on technology companies working in areas of business of current and… Continue reading Robert Bosch Venture Capital invests in AutoAI

Dyson gets serious, charging with AI, Ghosn resigns: Today’s Car News

Path projection system for self-driving cars
Americans are taking climate change more seriously, and a majority think the government should do something about it, two new studies show. A startup company thinks it has a software hack to help electric-car batteries charge faster. And Nissan's Carlos Ghosn has resigned as Chairman and CEO of Renault. All this and more on Green Car Reports.

In a move demonstrating that it's serious about selling electric cars, British vacuum-cleaner-maker Dyson hired Infiniti's former president, Roland Krueger, to head up its electric-car division, which will now be headquartered in Shanghai.

Two new polls show a majority of Americans understand that human activity is contributing to climate change, and they support government action to reduce it. Many are also taking action themselves.

At CES earlier this month, a new software startup company, GBatteries, demonstrated a solution to making electric-car batteries charge faster, without damage, using artificial intelligence.

Carlos Ghosn, known as the father of the Nissan Leaf at Nissan, resigned as chairman and CEO of Renault. Following his arrest in November, Ghosn has been jailed in Japan and charged with financial crimes against Nissan.

A new video from Aston Martin CEO Andy Palmer shows a prototype for the company's upcoming electric car, the Rapide E, in action.

Finally, Jaguar Land Rover demonstrated a new projection lighting system for self-driving cars that shows pedestrians and other drivers where the autonomous vehicles plan to go.

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Apple cuts 200 staff from its Project Titan autonomous car division

Apple’s secretive efforts to develop a self-driving car — its so-called ‘Project Titan’ — have taken a hard turn in 2019 after it emerged that the iPhone-maker has reassigned 200 employees previously involved in its development. That’s according to CNBC which, citing sources, reported that a portion of the 200 staff were moved to other… Continue reading Apple cuts 200 staff from its Project Titan autonomous car division

Strategic realignment of Procurement and Supplier Quality

Mercedes-Benz EQC |combined power consumption: 22.2 kWh/100 km; combined CO2 emissions: 0 g/km*, provisional figures The implementation of the CASE strategy is crucial to the success of Mercedes-Benz Cars. Wilko Stark, Member of the Divisional Board of Management of Mercedes-Benz Cars for Procurement and Supplier Quality: “Procurement makes a significant contribution to the implementation of… Continue reading Strategic realignment of Procurement and Supplier Quality

NIO Inc. CEO Transferred 50 Million Shares to the Newly Established NIO User Trust

SHANGHAI, China, Jan. 24, 2019 (GLOBE NEWSWIRE) — NIO Inc. (“NIO” or the “Company”) (NYSE: NIO), a pioneer in China’s premium electric vehicle market, today announced that its founder, chairman and chief executive officer, Mr. William Li, transferred an aggregate amount of 50 million ordinary shares, consisting of (i) 189,253 class A ordinary shares and (ii)… Continue reading NIO Inc. CEO Transferred 50 Million Shares to the Newly Established NIO User Trust

Apple shrinks autonomous vehicle team by 200 employees

Apple has dismissed as many as 200 people from Project Titan, its secretive autonomous vehicle project, reports CNBC. In a statement Apple confirmed the change, and said that the affected employees would be moved on to projects in other parts of the company. The changes are relatively small, given that as many as 5,000 people… Continue reading Apple shrinks autonomous vehicle team by 200 employees

Apple just dismissed more than 200 employees from its autonomous vehicle group

Brendan McDermid | Reuters
Tim Cook, CEO, Apple

Apple dismissed just over 200 employees this week from Project Titan, its stealthy autonomous vehicle group, people familiar with the matter told CNBC.

An Apple spokesperson acknowledged the lay-offs and said the company still sees opportunity in the space:

“We have an incredibly talented team working on autonomous systems and associated technologies at Apple. As the team focuses their work on several key areas for 2019, some groups are being moved to projects in other parts of the company, where they will support machine learning and other initiatives, across all of Apple,” the spokesperson said.

“We continue to believe there is a huge opportunity with autonomous systems, that Apple has unique capabilities to contribute, and that this is the most ambitious machine learning project ever,” they added.

In August 2018, Apple enlisted a Tesla engineering vice president and Apple veteran, Doug Field, to lead the Titan team alongside Bob Mansfield. This week's dismissals from the group were seen, internally, as anticipated restructuring under the relatively new leadership.

Other employees who were impacted by the restructuring of Project Titan are staying at Apple, but moving to different parts of the company.

Of late, Apple CEO Tim Cook has touted his company's initiatives in health as the key to its future growth. “I believe, if you zoom out into the future, and you look back, and you ask the question, “What was Apple's greatest contribution to mankind?” it will be about health,” Cook told CNBC's Jim Cramer.

Tim Cook teases new Apple services to come in 2019
12:15 PM ET Thu, 10 Jan 2019 | 01:08

Meanwhile, Apple executives have remained mum in recent months on the company's car prospects, which appear to have been scaled back from the initial rumored vehicle to a focus on software. In 2016, Apple laid off employees from the same group, shifting its strategy. Fully self-driving cars remain experimental, even for major players in the field such as Waymo, Cruise and Tesla.

Venture investors and strategic investors from the traditional automotive world have poured billions into start-ups developing self-driving vehicles including: Zoox, Pony.AI, Aurora, May Mobility, Embark and others.

— Paul Eisenstein and CNBC's Jordan Novet contributed to this report.

Volkswagen Wants to Matter in America Again – Automobile

Scott Keogh is Volkswagen of America’s CEO and president, and his company recently announced a collaboration on small commercial vehicles and midsize pickups with Ford, and confirmed those companies’ advanced negotiations regarding possible partnerships on electric and autonomous vehicles. We spoke with him at the North American International Auto Show just ahead of the announcement—made… Continue reading Volkswagen Wants to Matter in America Again – Automobile