DENSO Invests in U.S. Startup Metawave to Deliver Smart Radar for Autonomous Cars

KARIYA (Japan) ― DENSO Corporation has taken a stake in Metawave Corporation, a U.S. startup company that develops cutting-edge, millimeter-wave radar sensing technologies to detect vehicles and pedestrians. Metawave announced on May 15, 2018, it raised an additional $10 million from DENSO, Toyota AI Ventures, Hyundai Motor Company, and other strategic investors. DENSO will harness… Continue reading DENSO Invests in U.S. Startup Metawave to Deliver Smart Radar for Autonomous Cars

BMW Group R&D Center opens in Beijing. Comprehensive R&D Network enhances localized Innovation

Beijing. On May 15th 2018, the BMW China R&D Center officially opened in Beijing’s Shunyi District. As a part of BMW Group Strategy NUMBER ONE > NEXT, the center is a significant step in expanding local innovation, and taking the Group’s “In China, for China and the world” localization strategy one step further. “For us,… Continue reading BMW Group R&D Center opens in Beijing. Comprehensive R&D Network enhances localized Innovation

Intel Vision Intelligence Transforms IoT Industry

By Tom Lantzsch It’s been an amazing year leading the Internet of Things (IoT) Group at Intel. During this time we have been working hard to define and develop a data-driven technology foundation for industry innovation. Our strategy is to drive end-to-end distributed computing in every vertical by focusing on silicon platforms and workload consolidation… Continue reading Intel Vision Intelligence Transforms IoT Industry

BMW Group becomes the first international auto maker to obtain an autonomous driving road test license in China. Important step on BMW Group´s path to Autonomous Driving.

Shanghai. On May 14th 2018, BMW Group officially obtained the Shanghai Intelligent Connected Autonomous Driving Test License, issued by the Intelligent Connected Vehicle Road Test Promotion Team – consisting of Shanghai Municipal Commission of Economy and Informatization, Shanghai Municipal Public Security Bureau and Shanghai Municipal Transportation Commission. Thus, the BMW Group has become the first… Continue reading BMW Group becomes the first international auto maker to obtain an autonomous driving road test license in China. Important step on BMW Group´s path to Autonomous Driving.

Geely/Volvo To Use Maxwell Ultracapacitors In PHEVs

19 M BY MARK KANE Zhejiang Geely Holding Group (Geely), the parent company to Volvo Car and Geely Auto, signed a partnership with Maxwell Technologies to use ultracapacitors in new electrified models. Maxwell Technologies Ultracapacitors were sometimes spotted in start-stop applications, but Geely intends to extend the use of ultracapacitor subsystems to hybrids and plug-in… Continue reading Geely/Volvo To Use Maxwell Ultracapacitors In PHEVs

Volvo S60 spearheads brand’s no-diesel future

The upcoming Volvo S60 saloon will be launched without a diesel option as the brand moves away from the black pump and towards a fully electrified range.  A rival to the BMW 3 Series, Audi A4 and Mercedes-Benz C-Class, the S60 will be unveiled in the coming weeks as the sister car to the V60 estate and… Continue reading Volvo S60 spearheads brand’s no-diesel future

PSA reorganizes its board to continue promoting the ‘Push to Pass’ strategic plan

Posted 05/16/2018 11:20: 21CET PARIS, May 16 (EUROPA PRESS) – The PSA Group has made different changes in its management team, in line with its ‘Push to Pass’ strategic plan and also with the program it is carrying out in its Opel and Vauxhall brands, called PACE !, according to the company in a release.… Continue reading PSA reorganizes its board to continue promoting the ‘Push to Pass’ strategic plan

Delphi Technologies to outline the path to electrification at SIA Powertrain Conference

ROUEN, France, May 16, 2018 /PRNewswire/ — Delphi Technologies PLC (NYSE: DLPH), a leading provider of advanced propulsion solutions to global vehicle manufacturers is a lead participant at the 2018 Société des Ingénieurs de l’Automobile Powertrain event in Rouen on May 16-17. As a leader in vehicle propulsion, Delphi Technologies, is at the heart of… Continue reading Delphi Technologies to outline the path to electrification at SIA Powertrain Conference

Hear from the executives of Innoviz and Oryx Vision about the eyes and ears of the new automobile in Tel Aviv

The success of the autonomous vehicle revolution relies on complicated systems of sophisticated sensors working in harmony to provide the magic of sight to machines. OmerKeilaf, chief executive, Innoviz In Tel Aviv, we’ll hear from experts in the field as they discuss the technological marvels that are the driving force behind the transformation of mobility… Continue reading Hear from the executives of Innoviz and Oryx Vision about the eyes and ears of the new automobile in Tel Aviv

(LEAD) Hyundai Motor says ISS opposition to overhaul plan ‘deeply regrettable’

(ATTN: UPDATES with quote and other details) By Kim Kwang-tae SEOUL, May 16 (Yonhap) — Hyundai Motor Group on Wednesday accused U.S. proxy adviser ISS of misleading the market by opposing its corporate governance overhaul program as it vowed to persuade investors to support the restructuring plan at two key shareholders’ meetings set for later… Continue reading (LEAD) Hyundai Motor says ISS opposition to overhaul plan ‘deeply regrettable’