Machine Assisted Cognition program to explore use of AI in augmenting human cognitive abilities LOS ALTOS, Calif., March 25, 2020 – The Toyota Research Institute (TRI) is expanding its exploratory research with the launch of Machine Assisted Cognition (MAC), a new initiative to develop and demonstrate artificial intelligence tools that can understand and predict human… Continue reading @Toyota: Toyota Research Institute Launches Research Into Understanding and Predicting Human Behavior for Decision Making
Tag: Mobility
Broken partnership: mobility service Gett claims high compensation from VW
Volkswagen and Gett Matthias Müller (left), then Chairman of the Board of Management of Volkswagen AG, and Shahar Waiser, founder and head of the travel agent Gett, will announce a comprehensive cooperation in Berlin in summer 2016. (Photo: dpa) Düsseldorf It should be a large and comprehensive collaboration. Quit almost four years ago Volkswagen and… Continue reading Broken partnership: mobility service Gett claims high compensation from VW
Daimler CEO Says Automaker Has No Need For State Aid – CarScoops
Unlike some carmakers, Daimler is currently not in need of additional funds, and therefore will not apply for state aid, despite having to halt production at its major plants in Europe recently. “Daimler currently has no need for state aid. Generally speaking, the industry had a very good order intake before the crisis,” said company… Continue reading Daimler CEO Says Automaker Has No Need For State Aid – CarScoops
@GM: General Motors Fortifies Balance Sheet in Response to COVID-19 DETROIT – General Motors (NYSE:GM) announced today that it intends to drawdown appro…
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@GM: General Motors Fortifies Balance Sheet in Response to COVID-19
General Motors Fortifies Balance Sheet in Response to COVID-19 2020-03-24 DETROIT – General Motors (NYSE:GM) announced today that it intends to drawdown approximately $16.0 billion from its revolving credit facilities. This is a proactive measure to increase GM’s cash position and preserve financial flexibility in light of current uncertainty in global markets resulting from the… Continue reading @GM: General Motors Fortifies Balance Sheet in Response to COVID-19
@Toyota: NTT and Toyota Enter into Memorandum of Understanding Concerning Business and Capital Alliance Agreement
In the automotive market, the automotive industry itself is undergoing a major transformation due to the complex combination of diversifying market needs, tightening environmental and safety regulations, the sophistication of advanced technologies, entrance by other industries, and the diversification of the mobility business, etc. Meanwhile, in the telecommunications market, the use of various digital services… Continue reading @Toyota: NTT and Toyota Enter into Memorandum of Understanding Concerning Business and Capital Alliance Agreement
Toyota and NTT in tie-up for $1.8bn smart city project
TOKYO — Toyota Motor and Nippon Telegraph and Telephone have decided to sign a capital and business tie-up deal, Nikkei learned Tuesday. The companies, which will spend a total of some 200 billion yen ($1.81 billion), will bring together their respective technologies for a project to build a smart city to start in 2021 on a former Toyota plant site… Continue reading Toyota and NTT in tie-up for $1.8bn smart city project
WABCO and ZF Announce Expected Closing of the Merger in the Second Quarter of 2020
BERN, Switzerland and FRIEDRICHSHAFEN, Germany, March 24, 2020 (GLOBE NEWSWIRE) — WABCO Holdings Inc. (“WABCO”) (NYSE: WBC) (www.wabco-auto.com) and ZF Friedrichshafen AG (“ZF”) today announced that they have received all approvals from regulatory authorities required to close their previously announced merger, with the exception of the Chinese State Administration for Market Regulation (“SAMR”). WABCO and… Continue reading WABCO and ZF Announce Expected Closing of the Merger in the Second Quarter of 2020
Mercedes-Benz: EV development is more important than self-driving cars – The Next Web
German automaker Mercedes-Benz has said that it’s putting the brakes on developing self-driving cars. Earlier today, News.com.au reported that Ola Kallenius Daimler chair and Mercedes head of cars spoke to journalists, telling them the company is shifting its approach away from self-driving cars. [Read: Nearly 90% of Americans don’t trust self-driving cars] In the near… Continue reading Mercedes-Benz: EV development is more important than self-driving cars – The Next Web
All-electric APEX AP-0 hypercar launched in London
APEX, the British sports car manufacturer, has pulled the covers off its all-new, all-electric hypercar – the AP-0. While it carries the outrageous look of the current crop of electrified exotica, including the Lotus Evija, Pininfarina Battista and Rimac C_Two, the AP-0 will be much less expensive: it’ll carry a £150,000 price tag (plus local… Continue reading All-electric APEX AP-0 hypercar launched in London