Tag: Mobility

TomTom reports fourth quarter and full year 2017 results

Amsterdam, the Netherlands, 6 February 2018 7:30 AM CET Financial summary Q4 ’17 Revenue of €220 million (Q4 ’16: €266 million) Gross margin of 59% (Q4 ’16: 58%) EBITDA of €37 million (Q4 ’16: €39 million) Cash flow from operating activities of €98 million (Q4 ’16: €76 million) Financial summary FY ’17 Revenue of €903… Continue reading TomTom reports fourth quarter and full year 2017 results

Scania & Haylion Cooperation

The two companies Scania and Haylion Technologies want to work together for the development of autonomous e-vehicles. Scania Haylion cooperation signing. Source: Scania The vehicle manufacturer and VW Daughter, Scania, has been working for some time on the automation and networking of trucks, The development of technology will be pushed together with the Chinese company… Continue reading Scania & Haylion Cooperation

Hyundai Motor Company Introduces Its Fuel Cell Electric Vehicle ‘NEXO’ for the First Time.

Hyundai Motor Company introduced its fuel cell electric vehicle, which is the signature vehicle for eco-friendly vehicles, called ‘NEXO’ in South Korea for the first time. It can drive up to 609km with single charge and it can go 107km more than Toyota’s ‘Mirai (total range: 502km)’, which is currently number one in global sales.Hyundai… Continue reading Hyundai Motor Company Introduces Its Fuel Cell Electric Vehicle ‘NEXO’ for the First Time.

Google Emails Show Internal Concern Over Losing Driverless Lead

Three years ago, the head of Google’s self-driving car project emailed co-founders Larry Page and Sergey Brin to sound an alarm. “Over the last six months we have stopped playing to win and instead are now playing to minimize downside,” Chris Urmson wrote. The source of his worry: Uber. That missive from Urmson, who left… Continue reading Google Emails Show Internal Concern Over Losing Driverless Lead

Porsche doubles e-mobility investment to over six billion euros by 2022

ATLANTA, Feb. 5, 2018 /PRNewswire/ — Porsche has been putting together an unprecedented future development plan: By 2022, the sports car manufacturer will invest more than six billion euros in e-mobility, focusing on both plug-in hybrids and purely electric vehicles. The decision was made by the Porsche AG Supervisory Board at its most recent meeting. “We… Continue reading Porsche doubles e-mobility investment to over six billion euros by 2022

Jaguar’s Technology Startup to Build Car Service Apps

Logo courtesy of Jaguar Land Rover. Jaguar Land Rover has launched InMotion, a new technology business that builds apps and on-demand services to overcome transport challenges. InMotion will begin testing a number of different services, such as carsharing and car ownership solutions, across North America, Europe, and Asia in the coming months. “With the development… Continue reading Jaguar’s Technology Startup to Build Car Service Apps

Europcar Launches First-Kilometer, Last-Kilometer Service

Photo courtesy of Europcar In an effort to solve the first-kilometer, last-kilometer gap, Europcar announced the launch of its new Global Driver Services. Using U.K. ride-hailing tech platform Brunel, Europcar customer will now be able to book a chauffeur for the first and last kilometer of their trips in most European countries. Customers can choose… Continue reading Europcar Launches First-Kilometer, Last-Kilometer Service

BYTON Partners with Leading Self-Driving Technology Company Aurora

SANTA CLARA, Calif. and PALO ALTO, Calif., Feb. 5, 2018 /PRNewswire/ — Today, BYTON, an innovator of smart, premium electric vehicles, announced a partnership with Aurora, a leading self-driving technology company. The partnership will help BYTON incorporate Level 4 (L4) autonomous-driving vehicle capabilities into BYTON vehicles and enable BYTON to become among the very first… Continue reading BYTON Partners with Leading Self-Driving Technology Company Aurora

NVIDIA will power Continental’s self-driving car platform

Rick Wilking / Reuters German automotive components producer Continental has partnered with NVIDIA to produce a full-scale self-driving car platform. It will use the GPU maker’s autonomous vehicle hardware and software setup, DRIVE, to make a unified platform that prospective automakers and others can build their own self-driving cars upon. NVIDIA will provide the Xavier… Continue reading NVIDIA will power Continental’s self-driving car platform