Tag: Autonomous

Ford-VW sign memorandum to jointly develop EVs and self-driving vehicles

DETROIT, Jan 15 (Reuters) – VW CEO says in copy of speech: Ford and VW have signed memorandum of understanding to jointly develop electric and self-driving vehicles VW CEO says will share platforms and parts with Ford on pickups and vans in the alliance VW CEO says building vans in Ford’s turkey plant is an… Continue reading Ford-VW sign memorandum to jointly develop EVs and self-driving vehicles

Volkswagen AG and Ford Motor Company Launch Global Alliance

Volkswagen AG and Ford Motor Company today announced the first formal agreements in a broad alliance that positions the companies to boost competitiveness and better serve customers in an era of rapid change in the industry. Volkswagen CEO Dr. Herbert Diess and Ford CEO Jim Hackett confirmed that the companies intend to develop commercial vans… Continue reading Volkswagen AG and Ford Motor Company Launch Global Alliance

Ford and Volkswagen will partner on building commercial vans and pickup trucks

Boris Roessler | picture alliance | Getty Images
14 January 2019, US, Detroit: Jim Hackett (r), CEO of Ford, and Herbert Diess, CEO of VW, talk about the fair together. Industry experts expect the announcement of a cooperation between VW and Ford in the light commercial vehicle sector.

Ford and Volkswagen plan to collaborate on making commercial vans and medium-sized pickup trucks as early as 2022, the two companies said Tuesday.

The partnership is expected to boost annual pre-tax operating results starting in 2023, the two companies said in announcing the agreement on the second day of the North American International Auto Show in Detroit.

They also signed a “memorandum of understanding” to work together on autonomous vehicle research.

This is a breaking news story. Please check back for updates.

Volkswagen, Ford set alliance centered on vans, pickups

DETROIT (Reuters) – Volkswagen AG (VOWG_p.DE) and Ford Motor Co (F.N) on Tuesday set an alliance that combines forces on commercial vans and pickups and said they were exploring expanding into joint development of electric and self-driving technology, actions meant to save the automakers billions of dollars. The President and CEO of Ford Motor Company… Continue reading Volkswagen, Ford set alliance centered on vans, pickups

McKinsey study RACE 2050

The consulting firm McKinsey has published the RACE 2050 report on the European auto industry. The report of McKinsey is divided into three parts. Changes, approaches and goals. This tripartition is mainly based on developments in the mobility field. Screenshot of the McKinsey study (PDF) The changes have been around for some time. This means… Continue reading McKinsey study RACE 2050

Momentum Dynamics Receives Investment from Volvo Group Venture Capital

Momentum Dynamics, Inc., a Philadelphia, PA-based company developing high power wireless charging of electric vehicles, received an investment from Volvo Group Venture Capital AB, a subsidiary of the Volvo Group. The amount of the deal was not disclosed. Momentum Dynamics is developing and commercializing high power inductive charging for the automotive and transportation industries, especially… Continue reading Momentum Dynamics Receives Investment from Volvo Group Venture Capital

Nissan CEO calls for Renault board to see and act on dossier of findings backing ouster of Ghosn – The Japan Times

PARIS – Nissan expects alliance partner Renault’s board to back its ousting of Chairman Carlos Ghosn once it sees evidence from the Japanese carmaker’s investigation, Chief Executive Hiroto Saikawa said in a Monday newspaper interview. Nissan understands that findings it provided to Renault lawyers more than a month ago have still not been shared in… Continue reading Nissan CEO calls for Renault board to see and act on dossier of findings backing ouster of Ghosn – The Japan Times

SUBARU Invests in Three Start-up Companies through the SUBARU-SBI Innovation Fund

January 15, 2019

SUBARU Invests in Three Start-up Companies through the SUBARU-SBI Innovation Fund

Tokyo, January 15, 2019 – Subaru Corporation has completed investments in a total of three start-up companies through its SUBARU-SBI Innovation Fund by the end of 2018.

As declared in its mid-term management vision called “STEP,” Subaru aims to become a trusted brand that resonates with customers through its products and services in its automotive and aerospace businesses.
As part of the initiatives to address its customers’ diversifying mobility needs, Subaru established the SUBARU-SBI Innovation Fund in July 2018 with a goal of generating innovation by actively bringing in external expertise and combining it with internal expertise.

The following are the companies that the SUBARU-SBI Innovation Fund invested in:

Company name
Bye Aerospace, Inc.

Head office
Colorado, U.S.A.

Representative
George E. Bye, Founder and CEO

Established
2007

Business
Design, manufacture, and sales of all-electric aircraft

Company name
AEye, Inc.

Head office
California, U.S.A.

Representative
Luis Dussan, Founder and CEO

Established
2013

Business
Development of artificial perception systems for autonomous vehicles

Company name
aptpod, Inc.

Head office
Tokyo, Japan

Representative
Junichi Sakamoto, Representative Director

Established
2006

Business
M2M/IoT software/hardware development, M2M/IoT cloud services, etc.

Related news release:
July 10, 2018 – SUBARU and SBI Investment Establish Private Fund
https://www.subaru.co.jp/press/news-en/2018_07_10_6033/

###

[PDF/178 KB]

Self-driving motorcycles are (almost) ready to go out for a spin

When you think of autonomous vehicles, what comes to mind? Cars and trucks? Perhaps even public transport options like buses and trains? It’s these vehicles that have dominated the news around the changing mobility landscape around the world, and yet there’s a time-tested way of getting around that often goes overlooked in these discussions: motorbikes.… Continue reading Self-driving motorcycles are (almost) ready to go out for a spin