SEOUL, May 21 (Yonhap) — Hyundai Motor Group on Monday canceled the corporate restructuring plan the company announced in March, following stepped-up campaigns of opposition by some investors. Under the corporate overhaul plan, the group’s auto parts supplier, Hyundai Mobis Co., was slated to spin off its domestic module and after-sales parts businesses and merge… Continue reading Hyundai cancels corporate overhaul plan
Tag: Mobility
Magna and Renesas to develop ADAS system for entry and mid-range vehicles
Magna’s surround view system adopts Renesas’ system-on-chip Japan-based Renesas electronics, an industry-leading supplier of automotive semiconductor solutions, and Canada-based Magna, a mobility technology company and one of the world’s largest automotive suppliers, aim to accelerate the mass adoption of advanced driving assistance system (ADAS) features with a new cost-efficient 3D surround view system designed for… Continue reading Magna and Renesas to develop ADAS system for entry and mid-range vehicles
Taxify Hits 10M Users Globally
Taxify Hits 10M Users Globally More than 10 million riders and 500 thousand drivers are now using Taxify’s platform. Our team’s annual Winter Summit in Cape Town this year. Since our launch less than five years ago, more than 10 million people across the world have used Taxify to move around in their cities. This marks an… Continue reading Taxify Hits 10M Users Globally
Developing Machine Intelligence for Urban Mobility
Developing Machine Intelligence for Urban Mobility Andre Karpištšenko, Data Science Lead at Taxify In Taxify’s Engineering and Data Science teams, we aim to keep the user experience smooth and simple for both our riders and drivers. Our goal is to provide convenient and reasonably priced rides for anyone in need within 3 minutes in all the 40+… Continue reading Developing Machine Intelligence for Urban Mobility
Tesla releases source code for some of its in-car tech
Reuters/Jason Reed Tesla doesn’t have many fans in the open source crowd. It based its car platforms on open platforms like Linux and BusyBox, but it has gone years without sharing the source code their license (the GPL) requires. The company is finally setting things right, though — more or less, that is. It has… Continue reading Tesla releases source code for some of its in-car tech
Uber’s Flying Car Chief Jeff Holden Has Stepped Down
Uber has a lost a key player in its bid to bring flying cars to the world. The company’s chief product officer and head of its Elevate flying car division Jeff Holden has left the company, according to Recode. In a statement to the news outlet, Uber would only say that Holden is moving on… Continue reading Uber’s Flying Car Chief Jeff Holden Has Stepped Down
OLA, Uber drivers on hunger strike from today
Last month in April, the strike went on for nine days but ended when companies agreed to some of their demands and promised to reconsider others. JAIPUR: The app based taxi drivers of OLA and Uber companies are going on a hunger strike from Friday against the high rates of commission charged by their respective… Continue reading OLA, Uber drivers on hunger strike from today
GAC Motor sets up international company, developing overseas business platform
GUANGZHOU, China, May 18, 2018 /PRNewswire/ — GAC Motor, China’s fastest-growing automaker, has announced the establishment of GAC Motor International Company (the “International Company”) to manage GAC Motor’s overseas businesses. It is a critical part of the automaker’s global expansion strategy to strengthen cooperation, enhance competitiveness, and better improve its potential for sales growth in… Continue reading GAC Motor sets up international company, developing overseas business platform
BMW X5 confirmed for arrival later this year with 7 Series architecture
BMW‘s next-generation X5 and X5 M models are being tested on public roads in Scandinavia, as the brand puts the finishing touches to its Porsche Cayenne-rivalling model range. BMW boss Harald Krüger confirmed at the brand’s Annual General Meeting that the X5 will arrive later this year; an October launch is anticipated Our spy photographers laid eyes on a new… Continue reading BMW X5 confirmed for arrival later this year with 7 Series architecture
EU introduces measures for autonomous driving
The EU has decided to declare three assistance systems for new cars a duty and puts Vision Zero in the spotlight. The concept is titled “Europe on Move” and it should be the Abbiege-, of the Brake Assist and the Alcolock Specially available in all cars that are newly purchased. He does not want that… Continue reading EU introduces measures for autonomous driving