Tag: Volvo

CORRECTED-UPDATE 1-Harley-Davidson strikes deal to make smaller bikes in China

FILE PHOTO: A Harley-Davidson Inc. logo is seen at the Paris auto show in Paris, France, October 4, 2018. REUTERS/Benoit Tessier/File Photo (Reuters) – Harley-Davidson Inc will partner with China’s Qianjiang Motorcycle Co to produce a new smaller model bike, making good on promises to build more motorcycles outside the United States that have angered… Continue reading CORRECTED-UPDATE 1-Harley-Davidson strikes deal to make smaller bikes in China

Volvo teams up with Nvidia to develop self-driving commercial and industrial trucks

Volvo and Nvidia announced a new partnership today aimed at developing the next-generation decision-making engine for Volvo Group’s fully autonomous commercial trucks and industrial service vehicles. The partnership will use Nvidia’s Drive artificial intelligence platform, which encompasses processing data from sensors, perception systems, localization, mapping and path prediction and planning. Volvo already has some freight… Continue reading Volvo teams up with Nvidia to develop self-driving commercial and industrial trucks

Nvidia: Supercomputer to push development

Nvidia has provided a supercomputer for accelerating the development of autonomous driving. Nvidia is also working on the development of autonomous driving and provides computing capacity for some industry stakeholders. Specifically for over 225 companies, including Audi, Mercedes Benz. Toyota. TuSimple. Volvo or ZF. This computing capacity is used for example Artificial intelligence in the… Continue reading Nvidia: Supercomputer to push development

Truckmaker Volvo to partner with Nvidia to develop AI for driverless vehicles

STOCKHOLM (Reuters) – Sweden’s AB Volvo is joining forces with U.S. chipmaker Nvidia to develop artificial intelligence used in self-driving trucks, the companies said on Tuesday. FILE PHOTO: A Volvo logo is pictured on the stand during the 87th International Motor Show at Palexpo in Geneva, Switzerland, March 7, 2017. REUTERS/Denis Balibouse The agreement between… Continue reading Truckmaker Volvo to partner with Nvidia to develop AI for driverless vehicles

AB Volvo to partner with Nvidia to develop AI platform for driverless trucks

FILE PHOTO: A Volvo logo is pictured on the stand during the 87th International Motor Show at Palexpo in Geneva, Switzerland, March 7, 2017. REUTERS/Denis Balibouse STOCKHOLM (Reuters) – Sweden’s AB Volvo is joining forces with U.S. chipmaker Nvidia to develop artificial intelligence used in self-driving trucks, the companies said on Tuesday. The agreement between… Continue reading AB Volvo to partner with Nvidia to develop AI platform for driverless trucks

Geely And LG Chem Announce Battery JV In China

Production is expected to start in late 2021 with initial capacity of 10 GWh annually Geely Auto (through Shanghai Maple Guorun subsidiary) and LG Chem announced a new 50:50 battery joint venture in China, which is set to initially produce 10 GWh of lithium-ion cells annually. The registered capital of the JV is $188 million.… Continue reading Geely And LG Chem Announce Battery JV In China

As Cars Become Increasingly Driverless, People Are Already Seeking Analogue Motoring Experiences – Singularity Hub

According to those in the industry, and researchers too, driverless cars will totally revolutionize the way we think about individual transport. They will change the way we work and rest. They could herald the end of traffic jams, and have the potential to change the lives of disabled people, to give a few examples. But… Continue reading As Cars Become Increasingly Driverless, People Are Already Seeking Analogue Motoring Experiences – Singularity Hub

Volkswagen to float 10% of truck unit, seeks to raise 1.9 billion euros

FRANKFURT (Reuters) – Volkswagen aims to raise up to 1.9 billion euros ($2.1 billion) by listing truck unit Traton, it said on Friday, scaling back earlier ambitions to list up to a quarter of the unit by opting to float a 10% stake. FILE PHOTO: The logo of Volkswagen carmaker is seen at the entrance… Continue reading Volkswagen to float 10% of truck unit, seeks to raise 1.9 billion euros

Geely cashes in on AB Volvo volatility to raise €400m – GlobalCapital

Geely, which is rated BBB- with a stable outlook by S&P, worked with banks for more than a year, before launching the transaction late on Wednesday morning, following an extensive pre-sounding exercise with Asian and European investors that covered 90% of the deal prior to launch. UBS, Citi, Please take a trial or subscribe to access… Continue reading Geely cashes in on AB Volvo volatility to raise €400m – GlobalCapital