Innovative Lightfield technology generates an unprecedented 3D experience for all vehicle passengers without special eyewear Comprehensive display technology and content platform for increased safety and comfort demands within the vehicle Continental works together with Silicon Valley company Leia Inc. Babenhausen (Germany), June 11, 2019. A stop-sign, shining red hovers in front of the screen. Rows… Continue reading Continental and Leia´s new 3D Lightfield Display bring the third dimension into Automotive vehicles
Tag: Strategy
Nissan CEO Saikawa Now Under Microscope In Carlos Ghosn Case – Forbes
Nissan CEO Hiroto Saikawa Nissan In an interview Sunday with the Japanese magazine Bungei Shunju, former senior Nissan executive Greg Kelly gave his account of the circumstances behind the Carlos Ghosn case and questioned why Nissan CEO Hiroto Saikawa was spared by Japanese prosecutors despite being intimately involved through the entire process. Kelly was also a… Continue reading Nissan CEO Saikawa Now Under Microscope In Carlos Ghosn Case – Forbes
China Merchants Capital-backed LiDAR startup Innoviz closes Series C at $170m
Innoviz Technologies, the Israel-based company that develops cutting-edge LiDAR (Light Detection and Ranging) technology, has closed its Series C funding round with an additional $38 million to bring the total series funding to $170 million. In March, the tech firm announced that it has raised $132 million in the Series C round, with Chinese investment… Continue reading China Merchants Capital-backed LiDAR startup Innoviz closes Series C at $170m
Mahindra-backed self-drive Zoomcar in merger talks with rival Drivezy
Self-drive car rental company Zoomcar and car and bike rental startup Drivezy are in preliminary talks for an equal merger, three people aware of the matter said. Zoomcar, which was started by American duo Greg Moran and David Back in 2013 in Bengaluru, is now backed by Mahindra and Mahindra Ltd (M&M). Drivezy, launched as JustRide… Continue reading Mahindra-backed self-drive Zoomcar in merger talks with rival Drivezy
Workhorse Group Secures $25 Million Financing
New Capital Enables Workhorse to Finalize N-GEN R&D and Scale Production in 2019 CINCINNATI, June 10, 2019 /PRNewswire/ — Workhorse Group Inc. (NASDAQ:WKHS) (“Workhorse” or “the Company”), an American technology company focused on providing sustainable and cost-effective electric-mobility solutions to the transportation sector, has entered into subscription agreements for a private offering with a group… Continue reading Workhorse Group Secures $25 Million Financing
Honeywell And DENSO Collaborate On Electric Propulsion Systems For Urban Air Mobility
WASHINGTON, June 10, 2019 /PRNewswire/ — Honeywell (NYSE: HON) and DENSO, the world’s second largest mobility supplier, are collaborating to propel the future of urban air mobility and other aerospace market segments by combining their expertise to develop hybrid-electric and fully electric powertrains. By leveraging their deep experience in both the aerospace and automotive sectors, Honeywell and… Continue reading Honeywell And DENSO Collaborate On Electric Propulsion Systems For Urban Air Mobility
CORRECTED-Employees sour on Tesla amid cost-cutting, layoffs
SAN FRANCISCO (Reuters) – Tesla Inc’s rankings at two high-profile job websites have declined, suggesting that job dissatisfaction at the electric car company is intensifying amid layoffs, strategy shifts and executive turnover. FILE PHOTO: Tesla workers examine a Model S used for training and tool calibration at the company’s factory in Fremont, California, June 22,… Continue reading CORRECTED-Employees sour on Tesla amid cost-cutting, layoffs
Innoviz Technologies’ Series C Funding Round Closes at $170M, Strengthens the Company’s Leadership Position in the Solid-State LiDAR and Perception Software Space
This funding will support several key initiatives, including the enhancement of Innoviz’s perception software. Innoviz’s perception software remains a significant differentiator for the company by providing vehicles with a deep understanding of the 3D driving scene, including superior object detection (with up to 50 times greater efficiency than industry and academic standards), classification, segmentation and… Continue reading Innoviz Technologies’ Series C Funding Round Closes at $170M, Strengthens the Company’s Leadership Position in the Solid-State LiDAR and Perception Software Space
Hyundai Mobis to launch an ‘Open Innovation Center’ in silicon valley
Hyundai Mobis is launching its first open innovation center, ‘M.Cube’ in Silicon Valley of the US to make a full-fledged commitment to source and invest in startups possessing new technologies for future vehicles such as self-driving. Hyundai Mobis will use M.Cube as its core base to discover and invest in startups with strong growth potential in… Continue reading Hyundai Mobis to launch an ‘Open Innovation Center’ in silicon valley
Nissan CEO got higher stock-linked bonus after payout date changed, former director Kelly says
TOKYO (Reuters) – Nissan Motor Co Ltd Chief Executive Hiroto Saikawa was granted an exception in 2013 to reschedule a stock-linked bonus that bumped up the payout by 47 million yen ($432,382), former Representative Director Greg Kelly told magazine Bungei Shunju. FILE PHOTO: Nissan President and Chief Executive Officer Hiroto Saikawa attends a news conference… Continue reading Nissan CEO got higher stock-linked bonus after payout date changed, former director Kelly says