Your Daily Commutes Will be Seamless, Connected and Productive. Laureti & Icona’s Partnership Inches Closer Towards Connected Multimodal Mobility (PRESS RELEASE) LONDON, 26-Oct-2022 — /EuropaWire/ — The roaring 20s of this century are already seeing the mobility revolution through the rise of electric and autonomous technologies, continued innovations of Hyperloops, electric planes and maglev trains.… Continue reading Europa Wire: Your Daily Commutes Will be Seamless, Connected and Productive.000390
Tag: Mobility
Europa Wire: CPSoSaware trials for Automotive and Manufacturing pillars000389
(PRESS RELEASE) RIO-PATRAS, Greece, 26-Oct-2022 — /EuropaWire/ — In the framework of EU funded Project CPSoSaware, pilot trials for Cyber-Physical Systems of Systems (CPSoS) demonstrations are going to take place during the 4th quarter of 2022. The trials will be realised in two pillars: Automotive, for semi-autonomous cars and Manufacturing, for Human-Robot Collaboration, putting into… Continue reading Europa Wire: CPSoSaware trials for Automotive and Manufacturing pillars000389
Ford reveals third-quarter net loss, weighed down by supply chain problems and Argo AI investment
2023 Ford F-150 Raptor R Ford DETROIT – Ford Motor recorded a net loss of $827 million during the third quarter, weighed down by supply chain problems and costs related to disbanding its autonomous vehicle unit Argo AI. Still, the automaker was able to narrowly beat Wall Street’s subdued expectations for the period and guided… Continue reading Ford reveals third-quarter net loss, weighed down by supply chain problems and Argo AI investment
Jetson-Driven Grub Getter: Cartken Rolls Out Robots-as-a-Service for Deliveries
There’s a new sidewalk-savvy robot, and it’s delivering coffee, grub and a taste of fun. The bot is garnering interest for Oakland, Calif., startup Cartken. The company, founded in 2019, has rapidly deployed robots for a handful of customer applications, including for Starbucks and Grubhub deliveries. Cartken CEO Chris Bersch said that he and co-founders… Continue reading Jetson-Driven Grub Getter: Cartken Rolls Out Robots-as-a-Service for Deliveries
Magna gets $10.2M in state grants to expand in Michigan, add 1,500 jobs
The Michigan Strategic Fund board approved Tuesday a total $10.2 million in state program grants for Magna International Inc. as the automotive supplier seeks to expand its footprint in Michigan and create more than 1,500 jobs. Companies under Magna International, Inc. applied for two new Michigan Business Development Program grants for projects in Highland Park… Continue reading Magna gets $10.2M in state grants to expand in Michigan, add 1,500 jobs
Ford, Volkswagen to absorb autonomous vehicle partner Argo AI
Ford Motor Co. and Volkswagen AG will absorb their autonomous vehicle partner, Argo AI, in a move that demonstrates the difficulties of success in the self-driving space, experts say. The move — driven in part by Argo’s inability to attract new investors — will shut down the Pennsylvania-based startup founded by two Michigan natives that… Continue reading Ford, Volkswagen to absorb autonomous vehicle partner Argo AI
Dana to Pay Dividend on Common Stock
MAUMEE, Ohio, Oct. 26, 2022 /PRNewswire/ — Dana Incorporated (NYSE: DAN) announced today that its board of directors has declared a dividend on its common stock. The board declared a quarterly dividend of $0.10 per share, payable Dec. 2, 2022, to holders of Dana common stock as of Nov. 11. About Dana Incorporated Dana is… Continue reading Dana to Pay Dividend on Common Stock
Tesla’s self-driving claims are reportedly under criminal investigation
/ The Department of Justice is said to be looking into at least a dozen crashes involving Tesla Autopilot, which the company has said is a precursor to fully autonomous vehicles Illustration by Alex Castro / The Verge Tesla is facing a criminal probe over its claims about its driver assist technology, according to Reuters.… Continue reading Tesla’s self-driving claims are reportedly under criminal investigation
@VW Group: Volkswagen focuses development for autonomous driving006025
Volkswagen is focusing its development activities for autonomous and highly automated driving. In the area of autonomous driving as a service (MaaS/TaaS), the Group is consolidating its development partnerships. Volkswagen will no longer invest in Argo AI. In individual mobility, Cariad is continuing to drive forward the development of highly automated and autonomous driving together… Continue reading @VW Group: Volkswagen focuses development for autonomous driving006025
Untitled
BERLIN, Oct 26 (Reuters) – Volkswagen AG (VOWG_p.DE) is no longer investing in Argo AI, the company said on Wednesday, concentrating its automated driving efforts on its existing partnerships with Bosch and Horizon Robotics in China. Volkswagen commercial vehicles will pursue a partnership with a new, soon-to-be named partner, the carmaker said in its statement,… Continue reading Untitled