The venture arm of Volvo Cars, an automaker long synonymous with safety, has invested in an optics and imaging startup developing technology that can be integrated into a car’s windshield or windows to deliver images to drivers and passengers. Volvo Cars Tech Fund invested $2 million into optics and imaging developer Spectralics, funds it will… Continue reading Volvo Cars Tech Fund invests $2M in optics and imaging startup Spectralics
Tag: Mobility
Redouble efforts to support electric vehicle market and automotive sector competitiveness, says SMMT President
UK automotive sector calls for decisive action on infrastructure and competitiveness as it counts the cost of a second year of Covid impacts Significant challenges remain, from semiconductor shortages to charge point availability. Industry and government collaboration key to future sector and market competitiveness. As the automotive sector accelerates the introduction of zero-emission vehicles, despite… Continue reading Redouble efforts to support electric vehicle market and automotive sector competitiveness, says SMMT President
@VW Group: French financial market regulator AMF approves takeover bid for Europcar004246
Wolfsburg, London, Amsterdam, November 23, 2021 – The Volkswagen Group, together with its partners Attestor Limited and Pon Holdings B.V., has reached an important milestone in the planned acquisition of Europcar: The French financial market regulator Autorité des marchés financiers (AMF) today approved the takeover offer of Green Mobility Holding S.A. for the shares of… Continue reading @VW Group: French financial market regulator AMF approves takeover bid for Europcar004246
ABB orders AFC Energy fuel cell systems for high-power EV charging
ABB has placed an order with AFC Energy for its S Series hydrogen fuel cell system. The order is worth £4 million, and the system is scheduled for delivery in early 2023. ABB will use the first 200 kW S Series system, which can be fueled with either hydrogen or ammonia, for high-power EV charging,… Continue reading ABB orders AFC Energy fuel cell systems for high-power EV charging
Valeo Introduces Its Third Generation LiDAR
DETROIT, Nov. 23, 2021 /PRNewswire/ — Valeo, the global leader in advanced driving assistance systems (ADAS), has introduced its third generation scanning LiDAR system set for market debut in 2024. The new technology offers significantly enhanced performance, makes autonomous mobility a reality and provides previously unseen levels of road safety. Geoffrey Bouquot, Valeo’s senior vice president… Continue reading Valeo Introduces Its Third Generation LiDAR
With its new generation LiDAR, Valeo makes autonomous mobility a reality
PARIS, Nov. 23, 2021 /PRNewswire/ — Valeo, the global leader in driving assistance systems (ADAS), today presented its third generation scanning LiDAR, set to make its market debut in 2024. This new technology, which offers significantly enhanced performance, makes autonomous mobility a reality and provides previously unseen levels of road safety. Geoffrey Bouquot, Valeo’s Senior… Continue reading With its new generation LiDAR, Valeo makes autonomous mobility a reality
LA-Based Mocean Carshare Ends Service
Vulog CEO Gregory Ducongé announced its involvement in Mocean’s technology in 2019 just before the company launched. Photo by Chris Brown. Hyundai’s carsharing venture, Mocean, announced it will be ending service at the end of 2021, according to an email the company sent on Nov. 22. The final day members can take a carshare trip is Dec. 27.… Continue reading LA-Based Mocean Carshare Ends Service
Hyundai Group’s Innovation Conclave offers glimpse into promising future tech from start-ups
Hyundai Motor Group executives and employees participating in the 2021 Open Innovation Lounge are all ears to explanations of promising new technologies from domestic and foreign start-ups. Hyundai Motor Group yesterday held the ‘2021 Open Innovation Lounge for demonstration demonstrations of new technologies with promising domestic and foreign start-ups at the Hyundai Motor/Kia headquarters. The… Continue reading Hyundai Group’s Innovation Conclave offers glimpse into promising future tech from start-ups
Rivian will start trading today after an I.P.O. valuing it at nearly $70 billion.
Rivian, a maker of electric trucks and vans, is going public at a stock price that values the company at nearly $70 billion, a remarkable number that highlights the belief on Wall Street that the fast-growing electric vehicle market is still a wide-open field. In a securities filing on Tuesday, Rivian said it was selling… Continue reading Rivian will start trading today after an I.P.O. valuing it at nearly $70 billion.
SMMT publishes guiding principles for marketing automated vehicles
SMMT publishes new guiding principles to ensure marketing of automated vehicles is clear and comprehensible. Industry-led initiative, developed and agreed by the Centre for Connected and Autonomous Vehicles and stakeholders, provides principles for promoting automated vehicles. Guiding principles recognised and supported by industry, government and the Advertising Standards Authority. The automotive industry has committed to… Continue reading SMMT publishes guiding principles for marketing automated vehicles