Tag: Mobility

Harald Krüger will not seek a second term of office as Chairman of the Board of Management of BMW AG

The Chairman of the Supervisory Board has complete respect and understanding for his decision Krüger: “I would like to pursue new professional endeavours” Munich. The Chairman of the Board of Management of BMW AG, Harald Krüger, gave notice today that he will not seek a second term of office. The Chairman of the Supervisory Board,… Continue reading Harald Krüger will not seek a second term of office as Chairman of the Board of Management of BMW AG

UPDATE 1-Jaguar Land Rover to build electric cars at UK plant

LONDON (Reuters) – Jaguar Land Rover (TAMO.NS) is making a multi-million pound investment to build electric vehicles in Britain, in a major boost for the UK government and a sector hit by the slump in diesel sales and Brexit uncertainty. FILE PHOTO – A car hangs on the wall of Jaguar’s Castle Bromwich manufacturing facility… Continue reading UPDATE 1-Jaguar Land Rover to build electric cars at UK plant

Waresix hauls in $14.5M to advance its push to digitize logistics in Indonesia

Waresix, one of a handful of startups aiming to modernize logistics in Indonesia — the world’s fourth most populous country — has pulled in $14.5 million to grow its 18-month-old business. This new investment, Waresix’s Series A, is led by EV Growth — the growth-stage fund co-run by East Ventures — with participation from SMDV… Continue reading Waresix hauls in $14.5M to advance its push to digitize logistics in Indonesia

Jaguar to make multi-million pound electric car investment in UK plant

FILE PHOTO – A car hangs on the wall of Jaguar’s Castle Bromwich manufacturing facility in Birmingham, Britain, November 17, 2016. REUTERS/Darren Staples LONDON (Reuters) – Britain’s biggest carmaker Jaguar Land Rover (TAMO.NS) is making a multi-million pound investment to build electric vehicles in its home market, in a major boost to a sector hit… Continue reading Jaguar to make multi-million pound electric car investment in UK plant

CHINA VOICES | Ofo’s final fight

Jul 5, 2019 4 min read An ofo bike lies on the street in Shanghai on April 4, 2019. (Image credit: TechNode/Shi Jiayi) A version of this first article appeared in our members-only newsletter on June 22, 2019. Become a member and read it first. Ofo flew too close to the sun. Their dockless bikeshare model… Continue reading CHINA VOICES | Ofo’s final fight

Karhoo joins policy influencing IRU group – Smart Highways

July 3, 2019 Vehicle booking platform Karhoo has announced that it is joining the International Road Transport Union (IRU).  As a member of the IRU, Karhoo intends to bring a unique perspective to the respected body for ground transport in its activities at the European Union and in more than 100 countries around the world.… Continue reading Karhoo joins policy influencing IRU group – Smart Highways

Ola gets a taxi license in London and plans to launch services in September

London is one of the world’s biggest markets for consumers that travel using ride-hailing services. Is it now also becoming one of the most crowded when it comes to the companies offering the transportation, too? Today, India’s Ola confirmed that it is the latest of the wave of app-based ride-hailing providers to receive a license… Continue reading Ola gets a taxi license in London and plans to launch services in September

BMW and Daimler to team up in push toward self-driving cars

Andrzej Wojcicki | Science Photo Library | Getty ImagesBMW and Mercedes-manufacturer Daimler announced a new partnership on Thursday to develop autonomous driving.
Some 1,200 technicians from the two German auto giants will team up in a bid to develop self-driving technology. The engineers will work toward driver-assistance systems, automated driving on highways as well as parking. The firms say the technology will be specified to what industry insiders call SAE level 4.
“Further talks are planned to extend the cooperation to higher levels of automation in urban areas and city centers,” BMW said in a joint statement.
SAE (Society of Automotive Engineers) levels determine the automation capabilities of vehicles, ranking from zero to five.
Level 4 vehicles can intervene if things go wrong or if there is a system failure. The car can perform all functions itself, although a manual override is available to a driver.
Daimler and BMW said they are targeting 2024 as a key date for installing the technology in cars available to the general public.
The automakers said the cooperation is “non-exclusive” and partner manufacturers and technology firms will take part in the work.
They added that the results won't be kept secret and other firms can see the conclusions “under license.”
Safer than a human?On Tuesday, the two German companies joined with nine other firms to publish a white paper on driverless technology, entitled “Safety First for Automated Driving.”
The report aims to draft worldwide industry standards for tackling the risks of self-driving cars and trucks.
Authors and experts from the firms involved say they aim to present the paper's principles and findings at auto industry and technology conferences over the next few months.
BMW said the main goal of the paper is to create a situation where an autonomously-driven vehicle is proven to be safer than one involving full human control.
Other participants in the document included Audi, Baidu, Continental, Fiat Chrysler, Here Technologies, Infineon, Intel, Volkswagen and Aptiv.
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