By Joseph White 3 Min Read DETROIT (Reuters) – Volvo Cars said Monday it will use a new generation of high-powered chips from Nvidia Corp to enable more autonomous driving functions in future vehicles, starting next year. Slideshow ( 2 images ) Volvo is among a crowd of new and established automakers putting digital processing… Continue reading Nvidia, Volvo Cars accelerate auto industry’s data-processing power race
Tag: Mobility
@Groupe PSA: PR C5 X IS THE MOST ADVANCED EXPRESSION OF CITROËN’S PHILOSOPHY: AUDACITY AND INNOVATION FOR A SERENE TOURING EXPERIENCE001543
C5 X’s style is the perfect embodiment of Citroën’s philosophy. C5 X is a unique combination of the elegance of a saloon, the dynamism of a station wagon and the elevated stance of an SUV. C5 X offers real on-board serenity thanks to the ultimate comfort provided by the Citroën Advanced Comfort® programme, with a… Continue reading @Groupe PSA: PR C5 X IS THE MOST ADVANCED EXPRESSION OF CITROËN’S PHILOSOPHY: AUDACITY AND INNOVATION FOR A SERENE TOURING EXPERIENCE001543
Volvo Cars, Zoox, SAIC and More Join Growing Range of Autonomous Vehicle Makers Using New NVIDIA DRIVE Solutions
SANTA CLARA, Calif., April 12, 2021 (GLOBE NEWSWIRE) — GTC — Volvo, Zoox and SAIC are among the growing ranks of leading transportation companies using the newest NVIDIA DRIVE™ solutions to power their next-generation AI-based autonomous vehicles, NVIDIA announced today. NVIDIA’s design-win pipeline for NVIDIA DRIVE now totals more than $8 billion over the next six… Continue reading Volvo Cars, Zoox, SAIC and More Join Growing Range of Autonomous Vehicle Makers Using New NVIDIA DRIVE Solutions
Intel: Mobileye and Udelv Ink Deal for Autonomous Delivery
In April 2021, Udelv announced that Mobileye Drive, Mobileye’s self-driving system, will drive the company’s Transporters, Udelv’s next-generation autonomous delivery vehicles. Udelv and Mobileye plan to produce more than 35,000 Mobileye-driven Transporters by 2028, with commercial operations beginning in 2023. (Credit: Udelv) In April 2021, Udelv announced that Mobileye Drive, Mobileye’s self-driving system, will drive… Continue reading Intel: Mobileye and Udelv Ink Deal for Autonomous Delivery
The Station: The biggest SPAC ever and reading the micromobility permit tea leaves
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hi there, new and returning readers. This is The Station, a weekly newsletter dedicated to all the ways people and packages move (today and in the future) from… Continue reading The Station: The biggest SPAC ever and reading the micromobility permit tea leaves
Equity Monday: Microsoft buys Nuance, Uber isn’t dead, and Austin has a new unicorn
Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This is Equity Monday, our weekly kickoff that tracks the latest private market news, talks about the coming week, digs into some recent funding rounds and mulls over a larger theme or narrative from the private markets. You… Continue reading Equity Monday: Microsoft buys Nuance, Uber isn’t dead, and Austin has a new unicorn
Uber reveals March bookings were the highest in company history as ride-hailing rebounds from the pandemic (UBER)
Uber saw record demand for its ride-hailing services in March, it said Monday The company also hit another record for its delivery services. Uber faces some difficulty finding drivers to meet post-pandemic demand for its services. See more stories on Insider’s business page. Uber on Monday revealed record bookings for the month of March 2021,… Continue reading Uber reveals March bookings were the highest in company history as ride-hailing rebounds from the pandemic (UBER)
Vingroup eyes $60b valuation for car unit in potential US IPO
Vingroup JSC, Vietnam’s largest conglomerate, is considering a U.S. initial public offering (IPO) of its car unit that could value VinFast at about $60 billion, two people familiar with the matter said on Monday. Vingroup, which was founded in 1993 in Ukraine, is working with Credit Suisse Hong Kong for the potential offering on the New… Continue reading Vingroup eyes $60b valuation for car unit in potential US IPO
Magna to Hold Virtual Investor Event
AURORA, Ontario, April 12, 2021 (GLOBE NEWSWIRE) — Magna International Inc. (TSX: MG, NYSE: MGA), a mobility technology company and global leader in the automotive industry, will hold a virtual investor event on April 13, 2021. Magna’s Chief Executive Officer Swamy Kotagiri and Chief Financial Officer Vince Galifi will present on the company’s unique position… Continue reading Magna to Hold Virtual Investor Event
@Tata-JLR: Jaguar Land Rover’s InMotion Ventures Invests in Battery Recycling and Manufacturing Technology
InMotion Ventures invests in sustainable technology firm Battery Resourcers Closed-loop process integrates recycling of lithium-ion battery materials, achieving a circular economy for battery supply chain InMotion Ventures becomes investment partner as part of the $20 million investment round Investment supports Jaguar Land Rover’s commitment to achieve net zero carbon emissions across its supply chain, products… Continue reading @Tata-JLR: Jaguar Land Rover’s InMotion Ventures Invests in Battery Recycling and Manufacturing Technology