@VW Group: Audi design studios: boundless creativity003471

They challenge the everyday world and conventions and they’re far ahead of their time: with a total of 450 experts, the design studios in Beijing, Malibu, and Ingolstadt form the germ cells for Audi’s new models, show cars, and innovative mobility concepts. Being established around the globe shows that Audi is a global brand and… Continue reading @VW Group: Audi design studios: boundless creativity003471

@Toyota: Woven Planet Holdings, a Subsidiary of Toyota, to Acquire CARMERA

Woven Planet Holdings, Inc. (“Woven Planet”), a subsidiary of Toyota Motor Corporation, announced the acquisition of CARMERA, Inc. (“CARMERA”), a U.S.-based spatial AI company, which specializes in bringing next-generation road intelligence to automated mobility at scale. This is the second major deal for Woven Planet in North America, following the April 2021 announcement to acquire… Continue reading @Toyota: Woven Planet Holdings, a Subsidiary of Toyota, to Acquire CARMERA

Visteon to integrate AI into SmartCore cockpit solution for motorcycle OEM

Visteon has tied up with AI-mobility major Cerence Inc to integrate conversational AI in Visteon’s recent SmartCore product award with a leading motorcycle manufacturer. The product will include core Cerence technologies, including AI-powered voice recognition, natural language understanding, and text-to-speech – all with global language support – alongside Visteon’s Android-based SmartCore technology platform. SmartCore is… Continue reading Visteon to integrate AI into SmartCore cockpit solution for motorcycle OEM

Driverless vehicle start-up Aurora to go public in $11bn Spac merger

Driverless vehicle start-up Aurora to go public in $11bn Spac merger Read M&A insights you won’t find elsewhere Exclusive scoops Smart data to help spot risk and opportunity Analysis of broader trends in M&A Lex, our agenda-setting business commentary (Premium only) Due Diligence, an exclusive M&A newsletter (Premium only) Choose your subscription Trial Try full… Continue reading Driverless vehicle start-up Aurora to go public in $11bn Spac merger

AEye Partners with Sanmina to Scale LiDAR Production

Facility to Handle Final Assembly and Manufacturing for Non-automotive Markets as AEye Prepares to Deliver 4Sight M in Series Production “AEye’s high-performance adaptive LiDAR is industry leading. We’re proud to provide our deep design and process development expertise and state-of-the-art manufacturing capabilities to accelerate series production of AEye’s next generation systems.” Mike Landy, president and… Continue reading AEye Partners with Sanmina to Scale LiDAR Production

Continental Integrates AEye’s Long-range LiDAR Technology into Full Stack Automated and Autonomous Solution

Integration of AEye’s long-range, high performance LiDAR technology creates a unique offering that extends Continental’s integrated Automated Driving (AD) platform for passenger and commercial vehicles Full stack solution combines LiDAR, camera and radar technology Full system and standalone AEye-based long range LiDAR on track for start of production in 2024 Multiple redundant sensor setup, based… Continue reading Continental Integrates AEye’s Long-range LiDAR Technology into Full Stack Automated and Autonomous Solution

Tesla will likely launch a flying car business by 2050 that could be worth $1,000 per share, according to Morgan Stanley (TSLA)

Elon Musk. Britta Pedersen-Pool/Getty Images Tesla’s launch of a flying car is a matter of when, not if, according to a note from Morgan Stanley. Morgan Stanley thinks a flying car business could be worth as much as $1,000 per share for Tesla. “The chance that Tesla does not ultimately offer products and services to… Continue reading Tesla will likely launch a flying car business by 2050 that could be worth $1,000 per share, according to Morgan Stanley (TSLA)

Motofumi Shitara: ‘Yamaha is working on an all-new EV platform for India and other global markets.’

The new FZ-X and Fascino 125 Fi Hybrid scooter are cues to India Yamaha Motor’s aggressive new product strategy. The Chairman of Yamaha Motor India Group of Companies tells the hybrid scooter is Yamaha’s first step towards entering the electric vehicle market in India even as the Japanese major develops an all-new EV platform. He… Continue reading Motofumi Shitara: ‘Yamaha is working on an all-new EV platform for India and other global markets.’

Hyliion picks FEV as partner for electrified Class 8 truck development

FEV is partnering electrified powertrain systems start-up, Hyliion, to support design, development, integration and validation of its Electric Range Extender for Class 8 tractor-trailer applications FEV, a world leader in vehicle and powertrain development for hardware and software, has entered a long-term agreement with electrified powertrain systems provider, Hyliion, to support design, development, integration, and production… Continue reading Hyliion picks FEV as partner for electrified Class 8 truck development

Pininfarina reveals its first fully virtually developed concept car

Italian design house Pininfarina has revealed the Teorema, its first-ever fully virtually developed concept car. Designed by using virtual reality technologies, the Mahindra Group-owned Pininfarina says the Teorema is “an all-new interpretation of fully electric,autonomous mobility in the name of user experience and technology,studied to create a sense of community and foster interactionsamongst passengers and… Continue reading Pininfarina reveals its first fully virtually developed concept car