SEOUL, South Korea–(BUSINESS WIRE)–Hyundai Mobis (KRX:012330) is joining hands with ‘Velodyne Lidar’, world leading lidar company, for mass-producing level 3 autonomous driving lidar system. Hyundai Mobis will also invest $50 million in Velodyne, creating invaluable synergy between the two companies to reinforce business cooperation in Lidar commercialization. The two companies will collaborate on new lidar… Continue reading Hyundai Mobis Invests in and Forms Partnership with Velodyne Lidar
Tag: Mobility
Honda Unveils All-new Fit at Tokyo 2019
TOKYO, Japan, October 23, 2019 — Honda Motor Co., Ltd. today held the world premiere of the all-new Fit at the 46th Tokyo Motor Show 2019. The all-new Fit will be exhibited at the Honda booth for the duration of the show (Press days: October 23-24, Public days: October 25 – November 4, 2019), and it… Continue reading Honda Unveils All-new Fit at Tokyo 2019
Honda to Evolve its High-Efficiency Electrification Technologies as “Honda e:TECHNOLOGY”
TOKYO, Japan, October 23, 2019 — Honda Motor Co., Ltd. today announced the establishment of Honda e:TECHNOLOGY, a new collective name which represents Honda’s original high-efficiency electrification technologies including electrified two- and four-wheeled mobility products as well as Honda’s energy management technologies. Honda e:TECHNOLOGY embodies “value creation for mobility and people’s daily lives,” which is… Continue reading Honda to Evolve its High-Efficiency Electrification Technologies as “Honda e:TECHNOLOGY”
To go big on EVs, Japanese car makers think super-small
TOKYO (Reuters) – As global automakers race to put long-range electric vehicles on highways amid stricter emission laws, Japanese rivals are taking a niche approach and steering towards cheaper, pint-sized runabouts to make costly battery technology more accessible. FILE PHOTO: Toyota Motor’s logo is pictured at the 45th Tokyo Motor Show in Tokyo, Japan October… Continue reading To go big on EVs, Japanese car makers think super-small
MAHLE bets on India’s e-mobility drive, hikes stake to 90% in JV – Autocar Professional
With an aim to benefit from India’s drive towards electric mobility, Germany headquartered MAHLE Group has increased its equity stake in its Coimbatore-based joint venture (JV), MAHLE Letrika Roots India to 90 percent from 50 percent earlier. Furthering up its ante in the EV segment, the company last month signed a Memorandum of Understanding (MoU) with the Tamil Nadu… Continue reading MAHLE bets on India’s e-mobility drive, hikes stake to 90% in JV – Autocar Professional
Robotaxi Startup Zoox Raises New Millions – Forbes
Lineup of Zoox L3 autonomous cars. Instagram Autonomous vehicle startup Zoox has signed a $200 million convertible note— the first new investment since the Silicon Valley company fired its co-founder and original CEO last year. The note is the initial step in closing the company’s Series C funding round that’s expected to be finalized later this… Continue reading Robotaxi Startup Zoox Raises New Millions – Forbes
Lyft says it will turn a profit a year ahead of schedule — and the stock is exploding higher (LYFT)
Shutterstock Lyft cofounders Logan Green and John Zimmer said at The Wall Street Journal’s Tech Live conference on Tuesday that they expected the company to be profitable by the fourth quarter of 2021, a year earlier than analyst forecasts. The news sent Lyft shares surging as much as 11%, their biggest intraday increase since the… Continue reading Lyft says it will turn a profit a year ahead of schedule — and the stock is exploding higher (LYFT)
A Waymo executive explains why the self-driving startup wants its rides to be ‘amazingly boring’ (GOOGL)
Waymo‘s chief external officer said the startup hopes its autonomous rides are “amazingly boring.” Tekedra Mawakana made the comments at Business Insider’s transportation-focused IGNITION event in San Francisco on Tuesday. “People don’t trust what they’re not familiar with,” she said. “That makes sense. We see people take their first ride and they go from a… Continue reading A Waymo executive explains why the self-driving startup wants its rides to be ‘amazingly boring’ (GOOGL)
Zoox cofounder Jesse Levinson says there’s ‘no chance’ Tesla will launch fully self-driving cars next year, despite Elon Musk’s claims
When asked if there’s “any chance” that Tesla will have fully self-driving cars ready next year as Tesla CEO Elon Musk has claimed, Zoox cofounder and CTO Jesse Levinson had a one-word answer: “No.” Speaking with transportation reporter Mark Matousek on stage at Business Insider’s IGNITION: Transportation event in San Francisco Tuesday, Levinson said that… Continue reading Zoox cofounder Jesse Levinson says there’s ‘no chance’ Tesla will launch fully self-driving cars next year, despite Elon Musk’s claims
Press: Rolling Test Laboratory: ZF Cooperates with Deutsche Bahn on the “advanced TrainLab”
connect@rail provides extensive condition monitoring of test train components On-vehicle sensors provide additional insight into track condition #MobilityLifeBalance: ZF promotes mobility for everyone across various modes of transport Friedrichshafen. ZF is working with Deutsche Bahn AG (DB) to test connect@rail, a new advanced condition monitoring system for the rail sector. connect@rail allows extensive condition monitoring… Continue reading Press: Rolling Test Laboratory: ZF Cooperates with Deutsche Bahn on the “advanced TrainLab”