Savari, Inc., announced it has raised $12 million in Series B funding, led by Aviva Ventures, the corporate venture capital arm of international insurer Aviva plc. Existing investors SAIC Capital, Flex, and an undisclosed strategic investor also participated in the round. Aviva Ventures, the lead investor in the round, plans to develop autonomous vehicle insurance… Continue reading Savari raises $12 million in Series B funding led by Aviva Ventures
Tag: Autonomous
Volkswagen in JV talks with China’s Didi to manage fleet, co-develop cars
April 30, 2018 Volkswagen AG, the world’s biggest automaker, is in talks to form a joint venture with China’s Didi Chuxing to manage part of the ride-hailing company’s fleet of cars and help develop “purpose-built” vehicles for Didi‘s services. As part of the deal between Volkswagen and China’s biggest ride-hailing service, expected to be signed… Continue reading Volkswagen in JV talks with China’s Didi to manage fleet, co-develop cars
BMW Teams up With Innoviz to Bring Solid State LiDAR to Its Future Self-Driving Cars
The Germans may be getting ready to outfit their upcoming fleet of autonomous cars with new sensors. via Innoviz BMW has been one of the more quiet manufacturers dabbling in autonomy this past year. Despite it looking to deliver a fully self-driving car as early as 2021, the German automaker has been very tightlipped on… Continue reading BMW Teams up With Innoviz to Bring Solid State LiDAR to Its Future Self-Driving Cars
Solid-State LiDAR from Magna & Innoviz for BMW Group
On the road to developing autonomous technologies, perhaps nothing is more important than the vehicle being able to see the world around it. To help meet this challenge, Magna and its partner, Innoviz Technologies, will supply the BMW Group with solid-state LiDAR for upcoming autonomous vehicle production platforms. Magna and its partner, Innoviz Technologies, will… Continue reading Solid-State LiDAR from Magna & Innoviz for BMW Group
Combustion and electric drive: Conti checks IPO of its drive division
All articles and backgrounds 04/27/2018 Combustion and electric drive Conti checks IPO of its drive division DPA Continental: Possible tripartite conversation The auto supplier Continental is considering outsourcing its propulsion business and taking some of it to the stock market. CEO Elmar Degenhart said on Friday before the shareholders, Conti continue to expand the division,… Continue reading Combustion and electric drive: Conti checks IPO of its drive division
UPDATE 1-Autoliv Q1 profit lags forecast ahead of split
(Adds detail, background, share price) STOCKHOLM, April 27 (Reuters) – Autoliv , the world’s largest maker of airbags and seatbelts, reported quarterly earnings just below market expectations on Friday and said it would not deliver financial guidance for the group ahead of its impending split. The Swedish automotive supplier said its first-quarter operating profit rose… Continue reading UPDATE 1-Autoliv Q1 profit lags forecast ahead of split
BMW: Innoviz & Magna
The sensors from BMW come from Innoviz and Magna, according to the new contracts. In terms of Lidar refers to the manufacturer BMW his supply of Innoviz or Magna. Magna Icon Radar. Source: Magna BMW should from now on its Lidarsensorik of Innoviz got a lidar manufacturer out Israel, These cooperate including with the supplier… Continue reading BMW: Innoviz & Magna
News Release – Magna Wins LiDAR Business With BMW Group
Please click HERE for a PDF version of the release. One of the first serial production contracts for solid-state LiDAR Supports up to L4 and L5 self-driving systems across multiple vehicle platforms Solid-state LiDAR from Innoviz Technologies meets automotive standards in a compact size and at a competitive cost AURORA, Ontario, April 26, 2018 (GLOBE… Continue reading News Release – Magna Wins LiDAR Business With BMW Group
BMW’s Magna solid-state lidar deal paves the way to autonomy
Many automakers believe that lidar, light-based mapping, is the key to vehicle autonomy. However, lidar is still pretty darn expensive, which makes mass-market adoption difficult. A new kind of lidar could change that, and BMW is ready to adopt it. Magna and Innoviz Technologies announced today that the two companies will provide BMW with solid-state… Continue reading BMW’s Magna solid-state lidar deal paves the way to autonomy
Updating the Automotive Future: ZF joins eSync Alliance
As vehicles are being prepared for the digitalized future, outfitted with sophisticated, automated features with autonomous functions looming on the horizon, up-to-date software is crucial in ensuring road safety, cybersecurity and efficiency. However, returning vehicles to a manufacturer’s dealership or a repair shop to install the newest software is cumbersome and costly, especially for fleet… Continue reading Updating the Automotive Future: ZF joins eSync Alliance