11 Feb 2020 Top-tier provider of car parts wants to develop headlamps with built-in lidar sensors. Silicon Valley lidar firm Cepton Technologies says that it expects this year to be a “transformational” one, thanks to a new $50 million injection of funding that should enable it to ramp up development activity. One of dozens of competing players looking… Continue reading Koito invests $50M in lidar firm Cepton – Optics.org
Tag: Mobility
Daimler CEO Källenius presents future strategy: “The next three years will be a sack full of work”
Annual profit: slumped by a third. The dividend: from 3.25 euros per share to 90 cents. Employee bonuses: plummeted to around EUR 1,000 after around EUR 5,000 the previous year. Daimler’s head of office Ola Källenius, who has been in office since May 2019, has had a catastrophic start – you can’t say it otherwise.… Continue reading Daimler CEO Källenius presents future strategy: “The next three years will be a sack full of work”
HyreCar, Clutch to Launch Sharing, On-Demand Mobility Solution
HyreCar’s dealer clients will be able to utilize Clutch’s industry-leading subscription software that powers a variety of convenient consumer-centric transportation solutions, such as single vehicle subscription and service pickup and delivery. Photo via HyreCar. HyreCar and Clutch Technologies, a Cox Automotive brand subscription and mobility services software, have partnered to bring to market a mobility… Continue reading HyreCar, Clutch to Launch Sharing, On-Demand Mobility Solution
Daimler CEO says meeting CO2 targets in 2020, 2021 a challenge
STUTTGART, Germany (Reuters) – Daimler (DAIGn.DE) will not sacrifice the profitability of next generation electric cars Chief Executive Ola Kaellenius said on Tuesday, as the carmaker struggles to meet more stringent European Union anti-pollution rules. Pressure is mounting on carmakers to flood the market with low emission vehicles to avert heavy pollution fines as customers… Continue reading Daimler CEO says meeting CO2 targets in 2020, 2021 a challenge
Goodyear Reports Fourth Quarter, Full-Year 2019 ResultsFeb 11, 2020AKRON, Ohio, Feb. 11, 2020 – The Goodyear Tire & Rubber Company today reported resu…
— Full-year cash flow from operations of $1.2 billion, up 32% year over year, reflecting improved working capital performance — U.S. consumer replacement volume increased 4% in 2019, driven by strong growth in the premium, large-rim diameter segment — Fourth quarter global replacement volume growth outpaced the industry — Growth in global commercial truck tire… Continue reading Goodyear Reports Fourth Quarter, Full-Year 2019 ResultsFeb 11, 2020AKRON, Ohio, Feb. 11, 2020 – The Goodyear Tire & Rubber Company today reported resu…
Ford Motor Corporation Selects Luokung’s Subsidiary EMG as the provider of HD Map Service for Ford China’s Autonomous Driving Project
BEIJING, Feb. 11, 2020 /PRNewswire/ — Luokung Technology Corp. (NASDAQ: LKCO) (“Luokung” or the “Company”), one of the global leading spatial-temporal big-data processing technology companies, a leading interactive location-based services company in China, announced today that Ford Motor Corporation (NYSE: F) has selected Luokung’s subsidiary eMapgo Technologies (Beijing) Co., Ltd. (“EMG”) as the only provider… Continue reading Ford Motor Corporation Selects Luokung’s Subsidiary EMG as the provider of HD Map Service for Ford China’s Autonomous Driving Project
M&M open to other OEMs joining as co-owners in Mahindra Electric
Going by the scale of investments made, and the time (2010) in which the first lot of investment was made, Mahindra & Mahindra (M&M) would qualify as the strongest proponent of electric mobility. But things haven’t gone as projected as the electric vehicle (EV) market evolution didn’t quite match expectations. Market and economic conditions have… Continue reading M&M open to other OEMs joining as co-owners in Mahindra Electric
@Daimler: 11. Feb 2020IR-Release: Daimler reports full-year 2019 results
The video recordings will be available in the afternoon. Sustainable business strategy Daimler faces the challenges posed by the transformation of the automotive industry with a sustainable business strategy. Demand for individual mobility and the worldwide transport of goods and people will continue to grow and will continue to form the basis for the core… Continue reading @Daimler: 11. Feb 2020IR-Release: Daimler reports full-year 2019 results
Daimler reports full-year 2019 results
STUTTGART, Germany, Feb. 11, 2020 /PRNewswire/ — Group unit sales of 3.34 million vehicles (2018: 3.35 million) Revenue up 3% to €172.7 billion (2018: €167.4 billion) Group EBIT of €4.3 billion (2018: €11.1 billion) Adjusted Group EBIT of €10.3 billion Net profit of €2.7 billion (2018: €7.6 billion) Free cash flow industrial business of €1.4… Continue reading Daimler reports full-year 2019 results
FCA and AutoX to Collaborate on RoboTaxi in China
FCA and AutoX to Collaborate for RoboTaxi in China We’re excited to announce that we have entered into a partnership with FCA (Fiat Chrysler Automobiles N.V.) in self-driving robotaxi vehicles. We have integrated the AutoX AI Driver onto FCA Chrysler Pacifica and are launching this new platform for our robotaxi deployment in the China market. AutoX Pacifica… Continue reading FCA and AutoX to Collaborate on RoboTaxi in China