Ford Motor Co.’s chief operating officer, Jim Farley, would receive $2.5 million in stock if he is not made the Dearborn automaker’s next CEO, the company disclosed Friday in a federal filing. The declaration is Ford’s most public acknowledgment to date that Farley is the top contender to replace its 64-year-old CEO, Jim Hackett. It comes less than… Continue reading Farley to get $2.5M stock grant if not made next Ford CEO
Tag: Mobility
Neolix raises $ 29 million
Chinese startup Neolix has secured $ 29 million in funding. Neolix is a startup from Beijingthat recently a boost from that Corona virus experienced. Because the company manufactures automated delivery vehicles that were in high demand because of the virus. The 200 million RMB, which is the equivalent of 25 million euros, came together in… Continue reading Neolix raises $ 29 million
Mitsubishi: MEMS Lidar for autonomous driving
Mitsubishi Electric, which belongs to Mitsubishi, has introduced a lidar for autonomous driving. Mitsubishi Electric has introduced its own lidar, which operates on the basis of a microelectromechanical system (MEMS). The lidar goes wide to better detect objects and distances. Mitsubishi MEMS lidar. Source: Mitsubishi The lidar emits laser light on two axes, what with… Continue reading Mitsubishi: MEMS Lidar for autonomous driving
Apex AP-0 is £150,000, Brit-built electric sports car
Apex says the car is not intended to be a hypercar. “This is reflected in the price, power output and vehicle weight. Instead, this is a sports car that was designed to be light, fast and a statement of intent for Apex to create the world’s finest zero-emissions sports cars which are usable and comfortable… Continue reading Apex AP-0 is £150,000, Brit-built electric sports car
GAC MOTOR Provides Luxury SUV GS8 on Special Offer for Russian Consumers
The GS8 is the automaker’s debut vehicle in Russia, and comes following the vehicle’s resounding popularity in other regions. Available both in front-wheel drive and all-wheel drive, the SUV houses power and performance in a spacious, sleek design, and comes equipped with GAC MOTOR’s second-generation 320T engine and third-generation Aisin 6-speed AMT. Priced starting from… Continue reading GAC MOTOR Provides Luxury SUV GS8 on Special Offer for Russian Consumers
@Geely: LEVC reveals name for new electric van: VN5
LEVC’s new electric light commercial van will set new standards in the commercial vehicle sector and, today, its name is revealed. VN5. Aligned with LEVC’s overall product naming strategy, the same technical and functional nomenclature has been used for van. As with TX for taxi, VN is chosen for van and ‘5’ to represent the… Continue reading @Geely: LEVC reveals name for new electric van: VN5
Changan starts mass production of L3 self-driving cars
CHONGQING, March 12 (Xinhua) — Chinese carmaker Changan Auto has started mass production of its level 3 autonomous driving car model “UNI-T.”
The car model is equipped with an L3 autonomous driving system developed by Changan that uses five millimeter-wave radars, six cameras and 12 ultrasonic radars as the main sensors, said Zhu Huarong, president of Changan Auto, in the southwestern Chinese city of Chongqing on Tuesday.
The system can fulfill three 360-degree situational awareness outside the vehicle, with a maximum detection distance of more than 200 meters and ten-centimeter measurement accuracy.
The system can effectively identify traffic information such as vehicles, pedestrians, cyclists, lane lines, guardrails, traffic signs in the driving environment, and monitor the driver's vision and fatigue state to ensure the accuracy of autonomous driving.
“Our system has completed tens of thousands of scene matching tests and 50 million km of road tests. Drivers can let the vehicl..
@VW Group: ID.3: just as inexpensive as a car with an internal combustion engine
With the market introduction of the ID.3 this summer, Volkswagen will make e-mobility affordable for many people. The basic version of the ID.3 will be less expensive in Germany in terms of acquisition and operation than comparable internal combustion models. As regards operating expenses alone, ID.3 drivers in Germany will save about €840 per year.… Continue reading @VW Group: ID.3: just as inexpensive as a car with an internal combustion engine
Velodyne Lidar Announces Sales Agreement with NAVYA
SAN JOSE, Calif.–(BUSINESS WIRE)– #velodynelidar–Velodyne Lidar, Inc. announced a multi-year sales agreement with NAVYA, a leading company in autonomous driving systems. Go to Source
@Groupe PSA: Press kit Opel Corsa-e
Video Footage The Electric Car for Everyone: New Opel Corsa-e for €29,9001 Sixth-generation Corsa: with electric driving range up to 337 kilometres (WLTP)1 Attractive leasing rates in Germany: Corsa-e available from €299 per month Powerful: 100kW (136hp) in every Corsa-e Active safety: systems include active lane assist and front collision warning Bright idea: IntelliLux LED®… Continue reading @Groupe PSA: Press kit Opel Corsa-e