The Bosch Group’s well-established starter motor and generator division has completed its transition to an independent company and will operate as SEG Automotive, effective immediately, including the local division SEG Automotive India. The company’s new owner is Zhengzhou Coal Mining Machinery Group Co (ZMJ) and an investment group. SEG Automotive India is an integral part… Continue reading Bosch Group sells starter motor division to ZMJ
Tag: Strategy
Renault-Nissan-Mitsubishi launch $1 bln venture capital fund
TOKYO, Jan 10 (Reuters) – The Renault-Nissan-Mitsubishi alliance said it is setting up a venture capital fund that plans to invest as much as $1 billion over five years, the latest move by major carmakers as they seek to adapt to rapid industry change by investing in startups. It is set to be largest corporate… Continue reading Renault-Nissan-Mitsubishi launch $1 bln venture capital fund
Visteon and Guangzhou Automobile Group of China Automotive Engineering Institute Sign Strategic Cooperation Agreement for Autonomous Driving and Cockpit Electronics Development
LAS VEGAS, Jan. 9, 2018 /PRNewswire/ — Visteon Corporation (Nasdaq: VC), a global leader in automotive cockpit electronics, today signed a strategic cooperation agreement with Guangzhou Automobile Group Co., Ltd. Automotive Engineering Institute (GAC Engineering), a leading China-based vehicle manufacturer, to develop and deploy autonomous driving and other cockpit electronics solutions. Under the agreement, both companies will collaborate on the development… Continue reading Visteon and Guangzhou Automobile Group of China Automotive Engineering Institute Sign Strategic Cooperation Agreement for Autonomous Driving and Cockpit Electronics Development
Renault-Nissan-Mitsubishi launches a venture capital fund to invest up to $1 billion over five years
Alliance ventures to prioritize next-generation mobility with $200 million year-one funding New entity to act as main interface for start-ups, investors and the venture capital ecosystem Fund prioritizes open innovation in new mobility, including electrification, autonomous systems, connectivity and artificial intelligence First deal to be a strategic investment in Ionic Materials, a US company developing… Continue reading Renault-Nissan-Mitsubishi launches a venture capital fund to invest up to $1 billion over five years
Ford lays out grand vision for a self-driving car future
LAS VEGAS — Ford CEO Jim Hackett offered an ambitious vision for the automaker’s self-driving vehicle business strategy Tuesday, depicting a future that will be as much as about networks of cars and traffic signals as any particular models. Ford CEO James Hackett smiles while getting ready for an interview next to a self-driving delivery… Continue reading Ford lays out grand vision for a self-driving car future
2018 CES: ADAS Partnerships and Products Propel the Drive Toward Full Autonomy
Speaking on the topic of autonomous driving today at CES 2018, Mobileye CEO Professor Amnon Shashua explained that millions of cars hitting the streets this year, simply equipped with a front-facing camera and Mobileye’s new fourth-generation EyeQ® system-on-chip, will play a crucial role in the delivery of a driverless future. These cars from BMW, Nissan… Continue reading 2018 CES: ADAS Partnerships and Products Propel the Drive Toward Full Autonomy
The future of Ford: Connecting cars, bikes, stoplights
CLOSE A mobile wifi hot spot for the car at just $15 monthly and a new neighborhood app that ties together all the security cameras top Jefferson Graham’s list of even more cool gadgets on display from the Consumer Electronics Show. USA TODAY Buy Photo Ford CEO Jim Hackett, keynote speaker on Tuesday, Jan. 9,… Continue reading The future of Ford: Connecting cars, bikes, stoplights
Mobility plan: WayzUp cofound a consortium
The car-to-work platform WayzUp has just invested in an innovative trio. With two other start-ups, it will be a question of proposing an accompaniment to the implementation of Mobility Plans in companies. “The mobility plan is often seen by companies as an additional legal requirement, and we propose to turn this obligation into an opportunity… Continue reading Mobility plan: WayzUp cofound a consortium
Mobileye and NavInfo to Bring REM Localization to China
LAS VEGAS, Jan. 8, 2018 – Mobileye, an Intel company, the global leader in advanced driver assistance systems (ADAS) and autonomous driving technologies, and NavInfo, the leading autonomous driving solution providers in the China market with core businesses in HAD mapping and high accuracy positioning, today announced they have agreed to a collaboration intended to build… Continue reading Mobileye and NavInfo to Bring REM Localization to China
Innoviz Technologies Launches InnovizPro™, a High-Resolution, Solid-State Automotive LiDAR Solution Offering …
LAS VEGAS, Jan. 9, 2018 /PRNewswire/ — Innoviz Technologies, a leading provider of LiDAR sensing solutions, announced today the commercial launch of InnovizPro™, a stand-alone, solid-state, MEMS-based scanning LiDAR solution offering the most accurate and reliable performance of any LiDAR sensor available on the market today. A CES Innovation Awards winner in the Vehicle Intelligence… Continue reading Innoviz Technologies Launches InnovizPro™, a High-Resolution, Solid-State Automotive LiDAR Solution Offering …