TOKYO (Reuters) – A committee tasked with revamping corporate governance at Nissan Motor Co is expected to recommend on Wednesday a bigger role for external directors in overseeing the Japanese automaker following Carlos Ghosn’s arrest and ouster as chairman. FILE PHOTO: Former Nissan Motor Chairman Carlos Ghosn sits inside the car as he leaves his… Continue reading Nissan panel to propose bigger role for external directors in Ghosn scandal’s wake
Tag: Strategy
Lynk&Co tests fifth model in run-up to European launch
The new Lynk&Co 05 SUV-coupé, which is set to rival the BMW X6 and Mercedes-Benz GLE Coupé, has been spotted testing in Germany ahead of an expected unveiling at the Shanghai motor show next month. The high-riding model will be offered by the Chinese brand, which is owned by Volvo parent firm Geely and intends to… Continue reading Lynk&Co tests fifth model in run-up to European launch
Lidar and perception startup Innoviz raises $132 million
Innoviz, the Israel-based startup developing solid-state lidar sensors and perception software for autonomous vehicles, has raised $132 million in a Series C funding round that includes major Chinese financial institutions. The round, which makes Innoviz one of the better capitalized lidar startups, includes China Merchants Capital (SINO-BLR Industrial Investment Fund, L.P.), Shenzhen Capital Group and… Continue reading Lidar and perception startup Innoviz raises $132 million
New management at Volkswagen Group Components
The new Volkswagen Group Components brand is using its cross-brand and international structure to fill some of its management positions. As of 1 March 2019, Heiner Lanze has taken over as Head of Procurement of the newly independent business unit. He succeeds Stephan Beyse, who, as part of a regular rotation, now holds the position… Continue reading New management at Volkswagen Group Components
RCI Bank and Services launches its savings activity in Brazil
In line with its refinancing diversification strategy, RCI Bank and Services is pursuing development of its savings activity – for the first time outside Europe – with the launch of bank certificates of deposit[1] (CDB) for individual customers in Brazil. It is the first finance company to do so in the Brazilian market. RCI Bank… Continue reading RCI Bank and Services launches its savings activity in Brazil
Smarter Cars Podcast Talks LiDAR and Perception Systems with AEye President, Blair LaCorte
Smarter Cars host, Michele Kyrouz, sits down with AEye President, Blair LaCorte to discuss AEye’s cutting-edge technology for autonomous vehicles which fuses cameras and LiDAR to mimic human perception
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Smarter Cars Podcast Talks LiDAR and Perception Systems with AEye President, Blair LaCorte — AEye’s iDAR Shatters Both Range and Scan Rate Performance Records for Automotive Grade LiDARBlair LaCorte Named President of AEyeDeconstructing Two Conventional LiDAR MetricsAEye’s $40M Series B Includes Numerous Automotive Leaders Including Subaru, Hella, LG, and SKThe Future of Autonomous Vehicles: Part I – Think Like a Robot, Perceive Like a HumanAEye Extends Patent Portfolio, Creating Industry’s Most Comprehensive Library of Solid-State Lidar Intellectual PropertyLG Electronics and AEye Announce Strategic Partnership to Address Sensing and Perception Needs of ADAS MarketAEye Adds VP of AI and Software to Executive TeamHella and AEye Extend Strategic Partnership to Deliver Sensing and Perception Solutions for ADAS and Autonomous DrivingAEye Introduces Advanced Mobility Product for the Autonomous Vehicle Market
Yandex inks deal with Hyundai to build self-driving car tech for its Mobis OEM division
On the heels of Hyundai becoming the latest investor in Ola, today another key deal was revealed that underscores Hyundai’s ambitions in next-generation automotive services. Yandex, the Russian search giant that has been working on self-driving car technology, has inked a partnership with Hyundai to develop software and hardware for autonomous car systems. While companies like… Continue reading Yandex inks deal with Hyundai to build self-driving car tech for its Mobis OEM division
Lidar startup Ouster raises $60 million in production run-up
Ouster has raised $60 million as the San Francisco-based lidar startup opens a new facility that will have the capacity to assemble and ship several thousand sensors a month by the end of 2019. The new factory, which will have a grand opening ceremony March 28, currently produces hundreds of sensors per month. Ouster says… Continue reading Lidar startup Ouster raises $60 million in production run-up
Autobinck acquires ROI Fleet&Mobility
Utrecht-based automotive group Autobinck has acquired ROI Fleet&Mobility, a Dutch fleet management company with about 10,000 vehicles in portfolio. “This acquisition fits with our strategy to further develop the range of mobility services that we provide”, said Paul Zekhuis, CEO of Autobinck. The activities of ROI Fleet&Mobility will be bundled with those of Fleet Support,… Continue reading Autobinck acquires ROI Fleet&Mobility
Lots of voltage, little power
Officially, the German automakers have settled their dispute over the mobility of the future. But that is only temporary. For which technology and which company will win, is unclear. Uli deck / DPA VW boss Herbert Diess in an electrical ID. buggy Saturday, 23.03.2019 15:55 clock Everything was just a misunderstanding. After days of public… Continue reading Lots of voltage, little power