Schaeffler starts mass production of electric motors

2021-01-25 | Herzogenaurach Customized product portfolio in E-Mobility business division, from components through to complete drive systems Schaeffler establishes itself as a leading supplier of sustainable electric mobility across all electrification levels Targeted acquisitions boost technology know-how Entry into the new market segment of heavy-duty electric motors Schaeffler is now reaping the rewards of its… Continue reading Schaeffler starts mass production of electric motors

Startups look beyond lidar for autonomous vehicle perception

Last CES was a time of reckoning for lidar companies, many of which were cratering due to a lack of demand from a (still) nonexistent autonomous vehicle industry. The few that excelled did so by specializing, and this year the trend has pushed beyond lidar, with new sensing and imaging methods pushing to both compete… Continue reading Startups look beyond lidar for autonomous vehicle perception

Tesla and Waymo jab at each other over who has the best self-driving tech

Tesla and Waymo took to media and social media to spar over who has the best self-driving technology. Waymo on Tesla Waymo and Tesla have widely different approaches to developing full self-driving technology, but they both intend to come out of it with a system capable of driving a vehicle safer than humans can. But… Continue reading Tesla and Waymo jab at each other over who has the best self-driving tech

Faraday Future to push forward with EV project in China will enlist Geely’s help: Sources

The company told prospective investors this month it plans to locate the plant in a “tier one Chinese city” and envisions that it will have the capacity to make over 100,000 vehicles a year in its initial phase, one of the sources said. By Yilei Sun and Brenda Goh SHANGHAI: Embattled startup Faraday Future will… Continue reading Faraday Future to push forward with EV project in China will enlist Geely’s help: Sources

@Groupe PSA: PR Stellantis Convenes EGM to Approve Distribution of Faurecia Shares and Cash001076

Amsterdam – Stellantis N.V. (NYSE / MTA / Euronext Paris: STLA) (“Stellantis”) announced today that it has published the notice convening the Extraordinary General Meeting of Shareholders (“EGM”) in order to approve the distribution by Stellantis to the holders of its common shares of up to 54,297,006 ordinary shares of Faurecia S.A. (“Faurecia”) and up… Continue reading @Groupe PSA: PR Stellantis Convenes EGM to Approve Distribution of Faurecia Shares and Cash001076

Uber lays off 15% of Postmates’ workforce just 3 months after buying the food delivery app. Postmates founder Bastian Lehmann is reportedly among those let go.

Uber laid off around 185 Postmates staff on Thursday, sources told The New York Times. This included Bastian Lehmann, the founder and CEO of the food delivery app, the sources said. Uber bought the app in 2020, and the layoffs feed into Uber’s plan to better integrate Postmates and Uber Eats, the sources said. Visit Business… Continue reading Uber lays off 15% of Postmates’ workforce just 3 months after buying the food delivery app. Postmates founder Bastian Lehmann is reportedly among those let go.

Honeywell To Bring Next-Generation Inertial Sensors To Unmanned Vehicles Segment

PHOENIX, Jan. 25, 2021 /PRNewswire/ — Honeywell (NYSE: HON), with funding from the U.S. Defense Advanced Research Projects Agency (DARPA), is creating the next generation of inertial sensor technology that will one day be used in both commercial and defense navigation applications. Recently, findings gathered in Honeywell labs have shown the new sensors to be… Continue reading Honeywell To Bring Next-Generation Inertial Sensors To Unmanned Vehicles Segment

Hyundai launches AI-driven humanoid robot for automated customer services

Hyundai Motor Group has launched the ‘DAL-e’, a highly advanced customer service robot that independently communicates with people using precise recognition capabilities and mobility functions. The DAL-e is an acronym for ‘Drive you, Assist you, Link with you-experience’. Designed to pioneer the future of automated customer services, the DAL-e is equipped with state-of-the-art artificial intelligence… Continue reading Hyundai launches AI-driven humanoid robot for automated customer services

Autonomous driving startup Uisee attracts Chinese state investor in $150M round

There is no lack of state funding for China’s smart driving startups nowadays as the country advances its goal to become a global leader in artificial intelligence in a decade’s time. The latest to get a financial boost is Uisee, a Beijing-based company founded by a group of tech veterans including the former head of… Continue reading Autonomous driving startup Uisee attracts Chinese state investor in $150M round