Automated driving, robot taxis, artificial intelligence, cyber security: Continental is holistically paving the way for the mobility of the future Electric motors vs. combustion engines: CEO Dr. Elmar Degenhart warns against the policy of “forcing solutions that are not economically viable” at the Annual Shareholders’ Meeting of the DAX company Total sales have grown more… Continue reading Continental: Free Trade Is a Necessity for Affordable Mobility for All
Tag: Mobility
Toyota Motor North America Reports April 2018 Sales
PLANO, Texas, May 1, 2018 /PRNewswire/ — Toyota Motor North America (TMNA) today reported April 2018 sales of 192,348 vehicles, a decrease of 4.7 percent from April 2017 on a volume basis. With two less selling days in April 2018 compared to April 2017, sales were up 3.2 percent on a daily selling rate (DSR) basis. … Continue reading Toyota Motor North America Reports April 2018 Sales
Lime partners with Segway to build electric scooters
Lime, the transportation company now formerly known as LimeBike, has partnered with Segway to launch its next generation of electric scooters. These scooters, which are set to debut mid-month in San Francisco, will supplement Lime’s existing fleet. Lime has also hit three million rides across its fleets of bikes and scooters. For style-conscious consumers, there… Continue reading Lime partners with Segway to build electric scooters
Algolux Raises $10M in Series A-1 Funding
Algolux Inc., a Montreal, Canada-based provider of machine-learning stacks for autonomous vision and imaging, closed a USD $10M Series A funding. The round was led by General Motors (GM) Ventures, with participation from Drive Capital, Intact Ventures, and Real Ventures. In conjunction with the funding, Jason Nolte, GM Ventures Investment Manager, and Mark Kvamme, Partner… Continue reading Algolux Raises $10M in Series A-1 Funding
F-Series Posts Best April Results in 18 Years While New Expedition Climbs 26 Percent At Retail; New Navigator Retail Sales Jump 135 Percent
About Ford Motor Company Ford Motor Company is a global company based in Dearborn, Michigan. The company designs, manufactures, markets and services a full line of Ford cars, trucks, SUVs, electrified vehicles and Lincoln luxury vehicles, provides financial services through Ford Motor Credit Company and is pursuing leadership positions in electrification, autonomous vehicles and mobility solutions.… Continue reading F-Series Posts Best April Results in 18 Years While New Expedition Climbs 26 Percent At Retail; New Navigator Retail Sales Jump 135 Percent
Parallel Domain wants to train self-driving cars in virtual worlds
Kevin McNamara, a former Apple and Pixar employee, is bringing his virtual world creation expertise to the domain of self-driving cars. And he has $2.5 million from Costanoa Ventures, Ubiquity Ventures and others to do so. At Apple, McNamara says he worked on an autonomous systems project, where he explored automatic content generation of simulated… Continue reading Parallel Domain wants to train self-driving cars in virtual worlds
Aston Martin Says China Spurring Another Horse-to-Cars Moment
China’s policies to cut pollution is driving a rapid move toward electric vehicles in the world’s biggest market and causing an upheaval in the global auto industry, Aston Martin Holdings Ltd. Chief Executive Officer Andy Palmer said. “This whole show is revolving around what they call new energy vehicles, but Chinese policy is very much… Continue reading Aston Martin Says China Spurring Another Horse-to-Cars Moment
Mobile Industrial Robots acquired by Teradyne
Mobile Industrial Robots (MiR), a company that develops autonomous mobile robots for logistics applications, has been acquired by Teradyne, Inc. for €121 million ($148 million) net of cash acquired plus €101 million ($124 million at current exchange rate) if certain performance targets are met extending through 2020. [Native Advertising] MiR is a company that was launched in Denmark five… Continue reading Mobile Industrial Robots acquired by Teradyne
Savari raises $12 million in Series B funding led by Aviva Ventures
Savari, Inc., announced it has raised $12 million in Series B funding, led by Aviva Ventures, the corporate venture capital arm of international insurer Aviva plc. Existing investors SAIC Capital, Flex, and an undisclosed strategic investor also participated in the round. Aviva Ventures, the lead investor in the round, plans to develop autonomous vehicle insurance… Continue reading Savari raises $12 million in Series B funding led by Aviva Ventures
Volkswagen in JV talks with China’s Didi to manage fleet, co-develop cars
April 30, 2018 Volkswagen AG, the world’s biggest automaker, is in talks to form a joint venture with China’s Didi Chuxing to manage part of the ride-hailing company’s fleet of cars and help develop “purpose-built” vehicles for Didi‘s services. As part of the deal between Volkswagen and China’s biggest ride-hailing service, expected to be signed… Continue reading Volkswagen in JV talks with China’s Didi to manage fleet, co-develop cars