Hyundai and Kia will invest $250 million into car sharing company Grab, aiming to push the adoption of electric vehicles (EVs) in Southeast Asia. The funding follows Hyundai’s $25 million investment in the firm, announced in January. The three companies will launch a series of EV pilot projects in 2019, starting with Singapore. The EVs… Continue reading Hyundai and Kia invest $250m in car-sharing Grab for EV adoption
Tag: Mobility
Guide to LiDAR Wavelengths
November 6, 2018 To bring fully autonomous cars to market, automakers must equip vehicles with sensing technologies to create a virtual 3D map that can plan a path through our real world of roads, bridges, tunnels and more. LiDAR technology provides the high-resolution, three-dimensional information about the surrounding environment needed to make fully autonomous driving… Continue reading Guide to LiDAR Wavelengths
Grab pulls in $250M from Hyundai as ongoing round reaches $2.7B
Grab, the Singapore startup that bought Uber’s Southeast Asia business earlier this year, continues to announce strategic investors for its ongoing Series H funding round. The latest edition revealed today is Korean automotive firm Hyundai, which is investing $250 million. Hyundai first invested in Grab in January, and it joins recently announced investors Microsoft (undisclosed)… Continue reading Grab pulls in $250M from Hyundai as ongoing round reaches $2.7B
A Waymo self-driving car sent a motorcyclist to the hospital — but the human driver was at fault
Human error is to blame in the case of a Waymo autonomous car side-swiping a motorcycle in California, the company says, in an accident that sent the rider to the hospital last month. The incident occurred on October 19 near the company’s Mountain View headquarters, according to the official state accident report, when a car… Continue reading A Waymo self-driving car sent a motorcyclist to the hospital — but the human driver was at fault
Press release / November 6, 2018 LeddarTech Increases Expertise in Automotive and Semiconductor Technology with the Appointment of Two Senior Executives Adrian Pierce joins LeddarTech as Vice President of Global Sales and Business Development and Michael Poulin is nominated Vice President of Product Management.
Leddartech/Press release/LeddarTech Increases Expertise in Automotive and Semiconductor Technology with the Appointment of Two Senior Executives
LeddarTech Increases Expertise in Automotive and Semiconductor Technology with the Appointment of Two Senior Executives
Adrian Pierce joins LeddarTech as Vice President of Global Sales and Business Development and Michael Poulin is nominated Vice President of Product Management.
QUEBEC CITY, November 6, 2018 — LeddarTech, an industry leader in providing the most versatile and scalable automotive LiDAR development platform, is pleased to announce the appointment of two key executives to build upon the company’s increasing momentum in solid-state LiDAR technology and further drive its automotive and semiconductor expertise towards global adoption.
Adrian Pierce was appointed as Vice President of Global Sales and Business Development. Mr. Pierce is a results-driven leader with over 25 years’ experience in the semiconductor industry and automotive customer interface. He is an accomplished negotiator with a passion for customer service and a very strong technical understanding of the market needs of automotive customers. Mr. Pierce’s experience includes being Vice President of Global Sales & Marketing, Americas, for NXP Semiconductors. Prior to the merger with NXP in December 2015, he was Vice President for Americas Sales and Marketing for Freescale.
Michael Poulin, Eng., was promoted to Vice President of Product Management. Mr. Poulin, joined LeddarTech in 2010 and held the position of General Manager of Automotive prior to his promotion to Vice President. Mr. Poulin is responsible for the leadership of the company’s product management division, which also includes the application engineering and system specialist teams. These teams are devoted to delivering a LiDAR platform that enables our automotive customers to develop their own optimized LiDAR solutions. Over the course of his career, Mr. Poulin has acquired extensive experience managing teams that have successfully delivered a wide range of LiDAR and other advanced technological products, such as implantable neurosensing and neurostimulation medical devices and motorized prosthetics.
“I am delighted to have Mr. Pierce and Mr. Poulin as part of LeddarTech’s Executive team,” stated Frantz Saintellemy, president and COO at LeddarTech. “Mr. Pierce’s vast experience in the automotive and semiconductor industry and Mr. Poulin’s expertise in automotive LiDAR technology further strengthens our expertise. They have earned their reputations as industry leaders, and their superior management skills and extensive experience will play a key role in growing LeddarTech’s LiDAR automotive development platform to become the most widely deployed in mobility applications,” he concluded.
“LeddarTech is deeply committed to delivering the most versatile, flexible and architecturally scalable LiDAR development platform in the industry to our customers and I am confident that with the addition of these two leaders, combined with the other recent investments in senior management and technical personnel, LeddarTech will enhance our already accelerated time to market,” stated Charles Boulanger, CEO at LeddarTech. He added, “We will continue to intensify our efforts to attract the best talent to the organization both from a technical and leadership standpoint. I anticipate a significant increase of our entire workforce over the next six to nine months—with the addition of 80 new positions that will focus on supporting our customers with our automotive LiDAR development platform.”
About LeddarTech
LeddarTech is an industry leader in providing the most versatile and scalable automotive LiDAR development platform based on the unique LeddarEngine, which consists of a suite of automotive-grade and functional safety certified SoCs working in tandem with LeddarSP software. The company is responsible for several technological innovations in cutting-edge mobility remote-sensing applications. Automotive active safety, autonomous driving, intelligent transportation, inner-city fleet vehicles, and more, are being enhanced using patented LeddarTech technologies.
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Luminar nabs former Uber executive to lead LiDAR startup’s business development
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RapidSOS Raises $30M in Series B Funding
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Bird launches electric scooter pilot in London as part of ongoing European drive
Electric scooter hire company Bird is dipping a first toe into the murky waters of London as part of an ongoing expansion into Europe. The company is launching its hire vehicles on a single route in the city’s Olympic Park — the only way to get around a longstanding legal ban of electric scooters on… Continue reading Bird launches electric scooter pilot in London as part of ongoing European drive
Volkswagen remains on track for growth despite a challenging environment
Sales revenue and deliveries above prior-year level As expected, operating profit for the third quarter affected by WLTP changeover Forecasts for sales revenue and operating profit for 2018 confirmed COO Ralf Brandstätter: “The development in sales and growth over the first nine months has been gratifying. We still need to improve our operating return.” In… Continue reading Volkswagen remains on track for growth despite a challenging environment
Locally- produced Eclipse Cross Goes on Sale in China
Tokyo, November 6, 2018 — GAC Mitsubishi Motors (GMMC) is to start sales of the new Eclipse Cross in China. GMMC is a joint venture between the Mitsubishi Motors Corporation, Guangzhou Automobile Group (GAC) and the Mitsubishi Corporation. The Eclipse Cross is a global strategic model with a fusion of original, sharp coupe… Continue reading Locally- produced Eclipse Cross Goes on Sale in China