Airbus’ autonomous ‘air taxi’ Vahana completes its first test flight

Airbus conducted the first successful test flight of its Vahana electric vertical take-off and landing (eVTOL) aircraft on January 31st, the aerospace giant announced. At 8:52AM, the full-scale vehicle reached a modest height of five meters (16 feet) before descending safely. The self-piloted flight only lasted 53 seconds, but it is a reminder that “flying… Continue reading Airbus’ autonomous ‘air taxi’ Vahana completes its first test flight

An Autonomous Vehicle Project Sets Its Sights On a 200-Mile Test Drive in 2019

Go the Extra Mile Designing a self-driving car that can travel short distances is already an achievement in itself, but a new initiative aims to really put self-driving technology to the test in a long distance journey in the United Kingdom (UK). The HumanDrive Initiative, as it’s somewhat ironically called, plans to deploy an autonomous vehicle… Continue reading An Autonomous Vehicle Project Sets Its Sights On a 200-Mile Test Drive in 2019

Owl Raises $18M in Series A Funding Round

Owl, a Palo Alto, CA-based developer of a security camera for cars, raised $18M in Series A funding round. Backers included defy.vc, Khosla Ventures, Menlo Ventures, Sherpa Capital, Moment Ventures, Maniv Mobility, and CSAA Insurance Group. The company intends to use the funds to launch its camera nationwide. Design leaders behind the iPod, iPhone, Hololens… Continue reading Owl Raises $18M in Series A Funding Round

Aptiv Named One of World’s Most Ethical Companies for Sixth Straight Year

GILLINGHAM, England, Feb. 12, 2018 /PRNewswire/ — Aptiv, formerly Delphi Automotive, has been recognized by the Ethisphere Institute, a global leader in defining and advancing the standards of ethical business practices, as one of the 2018 World’s Most Ethical Companies®. “Aptiv’s employees strive to operate with the highest standards of integrity,” said David M. Sherbin, Aptiv… Continue reading Aptiv Named One of World’s Most Ethical Companies for Sixth Straight Year

Transportation is Taking Off: Our Investment in Joby

Toyota AI Ventures was founded to invest in early-stage startups that are developing disruptive technologies and business models, particularly those that enable greater mobility and are multi-modal. That’s why the we, at Toyota AI Ventures, are incredibly excited to welcome Joby Aviation to our portfolio. The Santa Cruz, California-based company is building a new travel… Continue reading Transportation is Taking Off: Our Investment in Joby

Tesla customers are starting to review their Model 3s — here’s what they have to say (TSLA)

Early reviews from Tesla Model 3 owners have been positive so far. Some have praised the car’s handling and said they prefer it to the pricier Model S. Most concerns have involved technical problems. The Model 3, Tesla‘s first mass-market electric vehicle, is beginning to arrive at the company’s showrooms. While most of the hundreds… Continue reading Tesla customers are starting to review their Model 3s — here’s what they have to say (TSLA)

Aptiv Reports 2017 Financial Results, Exceeding Company’s Previous Outlook

GILLINGHAM, England, Feb. 1, 2018 /PRNewswire/ — Aptiv PLC (NYSE: APTV), a global technology company enabling the future of mobility, today reported full year 2017 U.S. GAAP earnings from continuing operations of $3.81 per diluted share. Excluding special items, 2017 earnings from continuing operations totaled $4.64 per diluted share. Full Year 2017 Highlights Include: Revenue… Continue reading Aptiv Reports 2017 Financial Results, Exceeding Company’s Previous Outlook