The first plant will be set up in Thervoy Kandigai, Gummudipundi near Chennai. Lucas TVS expects to build other plants across India. Electrical components manufacturer Lucas TVS and 24M Technologies Inc, developer of next generation lithium-ion battery technologies, have inked a license and services agreement to construct one of the first Giga factories in India… Continue reading Lucas TVS and 24M Tech to set up giga factory near Chennai
Tag: Mobility
AEye Partners with Benchmark for Manufacturing of Optical Module for Its Next-Gen Adaptive LiDAR Sensors
“Our modular, software definable architecture allows us to select best-in-class partners and maintain a capital-light business model. We needed a world-class partner to help us bring our optical modules to market quickly and we found the perfect partner with Benchmark. Benchmark’s team has done outstanding work and we look forward to leveraging their manufacturing excellence… Continue reading AEye Partners with Benchmark for Manufacturing of Optical Module for Its Next-Gen Adaptive LiDAR Sensors
DesignCon 2021 – August 16-18, 2021
AEye is the premier provider of intelligent, next generation, adaptive LiDAR for vehicle autonomy, advanced driver-assistance systems (ADAS), and robotic vision applications. AEye’s iDAR™ (Intelligent Detection and Ranging) system leverages biomimicry and principles from automated targeting applications used by the military to scan the environment, intelligently focusing on what matters most, enabling faster, more accurate,… Continue reading DesignCon 2021 – August 16-18, 2021
@Hyundai: Motional and Hyundai Motor Group unveil the IONIQ 5 robotaxi: Motional’s next-generation robotaxi
The all-electric IONIQ 5-based robotaxi is Motional’s first commercial vehicle and will be used in its fully driverless public ride-hail service starting in 2023 The vehicle represents the product of unparalleled expertise and partnership between Motional and Hyundai Motor Group Boston, MA, U.S. /Seoul, Korea: August 31, 2021 — Today, Motional, a global leader in… Continue reading @Hyundai: Motional and Hyundai Motor Group unveil the IONIQ 5 robotaxi: Motional’s next-generation robotaxi
Over 139,000 Highly Automated Commercial Vehicles Expected to Ship Globally in 2026
Production-grade autonomous transport begins to scale NEW YORK, Aug. 31, 2021 /PRNewswire/ — As factory production begins for leading OEMs within the next three years, SAE Level 4 autonomy will move from modified heavy-duty trucks and pilots to a reality across multiple regions. According to ABI Research, a global tech market advisory firm, these vehicle… Continue reading Over 139,000 Highly Automated Commercial Vehicles Expected to Ship Globally in 2026
UMBC launches mobile payment option for parking with Passport
BALTIMORE, Aug. 31, 2021 /PRNewswire/ — The University of Maryland, Baltimore County (UMBC) is launching its first mobile payment option for parking starting with the 2021-2022 academic year, with transportation software and payments company, Passport. In addition to offering the Passport Parking application, UMBC is also leveraging Passport’s digital platform to drive higher compliance rates and… Continue reading UMBC launches mobile payment option for parking with Passport
Tokyo 2020: Toyota restarts driverless vehicles after accident
In a statement late on Monday, Toyota said: “The vehicle’s sensor detected the pedestrian crossing and activated the automatic brake, and the operator also activated the emergency brake. The vehicle and pedestrians, however, came into contact before it came to a complete halt.” Go to Source
Yandex increases stake in its Russian joint venture with Uber in $1b deal …
Russian internet giant Yandex said on Tuesday it would buy Uber’s stake in their joint foodtech, delivery, and self-driving businesses, and increase its stake in their ride-hailing joint venture as part of a $1 billion deal. The restructuring of the MLU ride-hailing and car sharing joint venture, which includes Yandex.Taxi, will see Yandex own 71% while Uber’s stake falls to… Continue reading Yandex increases stake in its Russian joint venture with Uber in $1b deal …
Velodyne Lidar and MOV.AI Partner to Provide Autonomous Solutions for Industrial and E-Commerce Robotics
SAN JOSE, Calif. & TEL AVIV, Israel–(BUSINESS WIRE)– #VelodyneLidar–Velodyne Lidar and MOV.AI announced they are collaborating to provide robot manufacturers with enterprise-grade automation solutions. Go to Source
Hankook Tire Publishes its 12th Annual 2020/21 ESG Report
NASHVILLE, Tenn., Aug. 31, 2021 /PRNewswire/ — Global leading tire company Hankook Tire published its 2020/21 ESG Report which includes the company’s sustainable management activities and achievements in 2020 and its mid- to long-term ESG strategies. Hankook Tire has been publishing its ESG report since 2010, with the 2020/21 edition marking its 12th issue. The report includes… Continue reading Hankook Tire Publishes its 12th Annual 2020/21 ESG Report