FAURECIA TO PURCHASE HUG ENGINEERING AND BECOME MAJOR PLAYER IN DEPOLLUTION SYSTEMS FOR HIGH HORSEPOWER ENGINES

Faurecia today announced that it had entered into an agreement for the acquisition of 100% of the Swiss company Hug Engineering. The company is a market leader in complete exhaust gas purification systems for engines above 750hp. Hug Engineering is currently owned by the German Group ElringKlinger.  High horsepower engines are used in marine propulsion,… Continue reading FAURECIA TO PURCHASE HUG ENGINEERING AND BECOME MAJOR PLAYER IN DEPOLLUTION SYSTEMS FOR HIGH HORSEPOWER ENGINES

FAURECIA AND ACCENTURE JOIN FORCES TO REINVENT ONBOARD EXPERIENCE FOR CONNECTED AND AUTONOMOUS VEHICLES

Faurecia (EO.PA) and Accenture (NYSE: ACN) today announced they have signed a memorandum of understanding for a five-year collaboration to accelerate innovation for mobility services. Faurecia and Accenture will combine their innovation expertise and co-invest to develop products and services for connected and autonomous vehicles. They will focus initially on two areas: cognitive technologies to reinvent… Continue reading FAURECIA AND ACCENTURE JOIN FORCES TO REINVENT ONBOARD EXPERIENCE FOR CONNECTED AND AUTONOMOUS VEHICLES

Matthias Müller opens discussion: VW boss would redirect diesel subsidy in e-cars

12/11/2017 Matthias Müller opens discussion Volkswagen boss would divert diesel subsidy into electric cars DPA Not quite unselfish initiative: VW CEO Matthias Müller For many years, Volkswagen has benefited from the tax subsidies for diesel vehicles. For a long time, the lower fuel prices and often lower fuel consumption compared to gasoline cars were considered… Continue reading Matthias Müller opens discussion: VW boss would redirect diesel subsidy in e-cars

Asia tech news roundup – Jan 8

Ooi Huey Tyng, GrabPay’s new managing director for Singapore, Malaysia, and the Philippines. Photo credit: Grab / MovingStills Photography Funding for a used luxury goods marketplace, corporate backing for Mobike’s ride-hailing venture, and another high-profile executive appointment at Grab. Here are the day’s top tech news stories from around the region. Transportation More details of Didi’s… Continue reading Asia tech news roundup – Jan 8

Volkswagen and NVIDIA to Infuse AI into Future Vehicle Lineup

CES—Volkswagen and NVIDIA today shared their vision for how AI and deep learning will shape the development of a new generation of intelligent Volkswagen vehicles using the NVIDIA DRIVE™ IX platform to create new cockpit experiences and improve safety. At the kickoff of CES 2018, Volkswagen CEO Herbert Diess and NVIDIA founder and CEO Jensen… Continue reading Volkswagen and NVIDIA to Infuse AI into Future Vehicle Lineup

Uber Selects NVIDIA Technology to Power Its Self-Driving Fleets

CES — NVIDIA and Uber today announced that the ridesharing company has selected NVIDIA technology for the AI computing system in its fleet of self-driving vehicles. Speaking at the opening press conference of CES 2018, NVIDIA founder and CEO Jensen Huang said that the collaboration utilizes NVIDIA technology for Uber Advanced Technologies Group’s fleets of self-driving… Continue reading Uber Selects NVIDIA Technology to Power Its Self-Driving Fleets

NVIDIA and Aurora Collaborate to Build Next-Generation Autonomous Vehicle Compute Platform

CES — NVIDIA and Aurora today announced that they are working together to create a new Level 4 and Level 5 self-driving hardware platform that will use the NVIDIA DRIVE Xavier™ processor. At the opening press conference of CES 2018, NVIDIA founder and CEO Jensen Huang disclosed that NVIDIA’s automotive team is working with Aurora to bring… Continue reading NVIDIA and Aurora Collaborate to Build Next-Generation Autonomous Vehicle Compute Platform

Chinese start-up Byton unveils full electric Concept SUV

Chinese electric car start-up Byton, run by ex-BMW I boss Carsten Breitfeld, has unveiled a concept version of its first model, an SUV with support for level four autonomous driving, at the Consumer Electronics Show in Las Vegas. The Byton Concept is a premium full-electric SUV that the first describes as being “almost production ready.” The firm… Continue reading Chinese start-up Byton unveils full electric Concept SUV

China’s FAW Car buys 10 percent stake in Mobike’s new car-sharing unit

BEIJING (Reuters) – FAW Car Co Ltd (000800.SZ) said on Sunday it was taking a 10 percent stake in Chinese bicycle-sharing startup Mobike’s new car-sharing unit Mobike Chuxing Technology Co. Mobike Chuxing was set up in December with registered capital of 20 million yuan ($3 million). With the strategic investment, FAW will provide electric cars… Continue reading China’s FAW Car buys 10 percent stake in Mobike’s new car-sharing unit