Production line for e-cars at Volkswagen The world’s largest carmaker from Lower Saxony and the number two in the US had announced their global alliance in January at the Detroit auto show. (Photo: Bloomberg) DüsseldorfThe planned big alliance of Volkswagen and ford has taken the last hurdle. As was confirmed on Thursday evening in group… Continue reading Car manufacturers: electric cars and autonomous driving: green light for alliance of VW and Ford
Tag: Mobility
Yandex, Hyundai Mobis prepare first joint autonomous vehicle for test in Moscow
MOSCOW, July 11. /TASS/. Yandex and Hyundai Mobis, one of the top 10 car component manufacturers in the world (part of South Korean car concern Hyundai), presented the first joint prototype of an autonomous vehicle based on Hyundai Sonata 2020. Now Yandex is completing test of a prototype and preparing to release the vehicle for a test on the roads of Moscow, the company said on Thursday.
Yandex noted that Sonata 2020 model taken as the basis for the autonomous vehicle was built on a platform developed with the active participation of Mobis engineers, it allows to embed an autonomous control system into the car. The press service of Yandex told TASS that the company plans to bring the unmanned vehicle to public roads in the summer, when the certification is passed.
It was reported earlier that Yandex and Hyundai Mobis have signed a memorandum of understanding on development of control systems for Level 4 and Level 5 autonomous vehicles, “combining Yandex’s established self-driving tech..
Startup Thinks Its Modular Car Design Is the Future of EVs
Reinventing the Wheel Today’s electric vehicles aren’t terribly different, design-wise, from their combustion engine counterparts — with rare exception, you’re likely to find the motor, transmission, and other drive components all under the hood. Israeli startup REE, however, decided to take a completely different approach to designing EVs — putting everything typically found under the… Continue reading Startup Thinks Its Modular Car Design Is the Future of EVs
Volkswagen introduces all-new Passat with advanced connectivity and infotainment features
Volkswagen introduces the all-new Passat with advanced connectivity and infotainment features. In the Passat, five components combine to form the current level of connected mobility: a new generation of Infotainment, an online connectivity unit (OCU) with integrated eSIM, “Volkswagen We” as an online ecosystem, the “Digital Cockpit” and a head-up display. Online Infotainment The new Passat… Continue reading Volkswagen introduces all-new Passat with advanced connectivity and infotainment features
Luminar Drives Expansion Into Automotive Market With Over $250 Million Total Raised
PALO ALTO, Calif.–(BUSINESS WIRE)–Luminar announced today it is entering the consumer automotive and commercial trucking markets with a sensing and perception platform called Iris, now backed by new major institutional and strategic investors. After three years of stealth development, the company also revealed its perception software built on its LiDAR sensing platform. A recent addition… Continue reading Luminar Drives Expansion Into Automotive Market With Over $250 Million Total Raised
Juho Suh appointed Vice President and Head of Design Innovation Group
Juho Suh appointed as new Head of Hyundai Design Innovation Group Suh to lead advanced design and oversee design solutions for future mobility The appointment to boost Hyundai’s agility in adapting to future industry trends 10 July 2019 – Hyundai Motor Company appoints Juho Suh as Vice President and Head of Hyundai Design Innovation Group… Continue reading Juho Suh appointed Vice President and Head of Design Innovation Group
Aston Martin prepared for shared autonomous mobility
Aston Martin prepared for shared autonomous mobility
India’s Rivigo raises $65M to expand its freight and logistics platform
Rivigo, a tech startup in India that wants to build a more reliable and safer logistics network, has raised $65 million as major investors continue to place big bet on opportunities in overhauling trucking system in the country. The Series E round, which has not closed, for the five-year-old startup was led by existing investors… Continue reading India’s Rivigo raises $65M to expand its freight and logistics platform
India: Cycle sharing platform Yulu in talks to raise funds from Xiaomi arm, Shunwei, others
Bengaluru-based cycle sharing platform Yulu, which offers electric cycles and bicycles on hire for last-mile commute, is in advanced talks to raise a Series A round of ₹100 crore ($15 million) from Chinese investors, including Shunwei Capital, Xiaomi’s venture capital arm, and ex-InMobi chief business officer Atul Satija, according to three people aware of the development.… Continue reading India: Cycle sharing platform Yulu in talks to raise funds from Xiaomi arm, Shunwei, others
Warburg-backed logistics robotics startup Geek+ snags $150m Series C1 round
Chinese logistics robotics startup Geek+ has closed a $150 million Series C1 round, led by GGV Capital and US-based hedge fund D1 Capital Partners, according to an announcement on Wednesday. The round, which is reportedly the largest in the logistics robot industry – also saw participation of its existing investors including Warburg Pincus, a US-based… Continue reading Warburg-backed logistics robotics startup Geek+ snags $150m Series C1 round