SHANGHAI, Dec. 16, 2021 /PRNewswire/ — Hesai Technology Co., Ltd., a global leader in 3D LiDAR sensors, today announced that its Pandar128 has been qualified as a ground truth LiDAR for use in the NVIDIA DRIVE autonomous vehicle (AV) platform. Hesai’s latest solution will be critical to the development of AV systems, which require object detection… Continue reading Hesai Pandar128 Ground Truth LiDAR Supported on NVIDIA DRIVE Autonomous Vehicle Platform
Tag: Mobility
SoftBank-backed Indian ride-hailing firm Ola raises $500m loan
Indian ride-hailing company Ola said on Thursday it had raised a $500-milllion loan from international institutional investors, as the SoftBank Group-backed start-up preps to make its stock market debut next year. Ola, which has a majority share of India’s ride-hailing market where it competes with Uber Technologies, has plans to raise up to $1 billion… Continue reading SoftBank-backed Indian ride-hailing firm Ola raises $500m loan
Investments of USD 12.6 bn to fuel electric vehicles over the next 5 years
Tamil Nadu is the frontrunner accounting for about 34% share in total planned investments for EV, followed by Andhra Pradesh and Haryana with a share of 12% and 9% respectively. India is likely to witness investments of$12.6 billion across the automotive value chain over the next five years, according to a report titled ‘Electric Mobility… Continue reading Investments of USD 12.6 bn to fuel electric vehicles over the next 5 years
REE, Hitachi join forces to accelerate EV adoption
Hitachi America and REE Automotive have announced newly formed strategic agreement to ease and accelerate the adoption of electric vehicles across the entire EV value chain, including enabling manufacturing at scale, delivering commercial vehicle charging infrastructure and energy management, and providing comprehensive digital fleet management and operations for full visibility across EV fleets as organisations… Continue reading REE, Hitachi join forces to accelerate EV adoption
Data Vantage: Vertex’s Binance exit, Conversant’s funding, and other updates
Vertex Ventures Southeast Asia & India and Vertex Ventures China have exited their investment in the Singapore affiliate of cryptocurrency exchange Binance, according to regulatory filings. The funds, which are part of Temasek-backed Vertex Holdings’ global VC network, transferred their stakes in Binance Asia Services to Ireland-based Binance (Services) Holdings on Monday. The development coincided… Continue reading Data Vantage: Vertex’s Binance exit, Conversant’s funding, and other updates
XCMG Climbs in World’s 500 Most Influential Brands Rankings
Continuous Innovation Shapes Global Leadership In November, XCMG released the key technologies of the world’s largest tower crane XGT15000-600S, including more than 50 core technologies that have set 10 world records and 10 technologies that are world firsts. The product has a rated lifting moment of 15,000 tonne-meters and a maximum lifting weight of 600… Continue reading XCMG Climbs in World’s 500 Most Influential Brands Rankings
@Hyundai: Hyundai Motor Group Reveal Mobile Eccentric Droid (MobED) – an All-New Mobility Platform for Versatile Applications
The Mobile Eccentric Droid (MobED) has four uniquely positioned wheels that move optimally and independently with a low and flat body The platform is designed for applications that require stability and high manoeuvrability and it can be utilized in complex and challenging environments thanks to an adjustable wheelbase and flexible steering angles Applications of the… Continue reading @Hyundai: Hyundai Motor Group Reveal Mobile Eccentric Droid (MobED) – an All-New Mobility Platform for Versatile Applications
@Hyundai: Hyundai Motor Group’s New Mobility Platform – MobeD
Introducing a new mobility platform, MobED that overcomes the limitations of existing indoor guide and service robots. Experience the future of Hyundai Motor Group’s robotics technology through MobED! Go to Source
Via’s personal ride-hailing will shut down next week
You’ll have to say goodbye to Via’s personal on-demand rides. Bloomberg reports Via is shutting down its ride-hailing operations, currently in New York and Washington, DC, after December 20th. After that, the company will shift its attention to mass transit systems like buses, shuttles and vans. You might still use Via to arrange pickups (including… Continue reading Via’s personal ride-hailing will shut down next week
Turo Adds Kim Jabal to Board of Directors
SAN FRANCISCO, Dec. 15, 2021 /PRNewswire/ — The world’s largest peer-to-peer car sharing marketplace, Turo, announced today the appointment of Kim Jabal, former CFO at Unity Technologies, to Turo’s Board of Directors where she will serve as the company’s Audit Committee Chairwoman. “Kim has a stellar track record as CFO of several high-growth tech companies; most… Continue reading Turo Adds Kim Jabal to Board of Directors