Düsseldorf, MunichGeneral pick-ups in the United States and in Europe, a possible cooperation in electric cars and autonomous driving. Volkswagen and ford, two heavyweights in the global auto industry are joining forces. Because digitization and electrification are devouring billions of development costs, they want to the German and the American automaker team up, The cooperation… Continue reading Alliance of VW and Ford: The auto industry is driven to new alliances
Tag: M and A
Peugeot and Citroen bosses outline mixed performance in 2018
Jackson said the improvements stress the continuing importance of Europe to Citroën’s overall business, and believes the policy of launching a range of new SUV models, most recent of which is the C5 Aircross, is “proof that we are on the right road”. Citroën plans to launch a special collection of centenary models this year and will show… Continue reading Peugeot and Citroen bosses outline mixed performance in 2018
Optics.org Highlights AEye’s AE200 Series Announcement and $40M Series B Funding
optics.org | The AE200 Series delivers ADAS L3 long range performance of up to 200 meters at 10% reflectivity at 0.1° resolution with a short range performance configuration of 50 meters range at 10% reflectivity. AEye’s AE200 Series will be modular in design and capable of up to 120°x 45° Field of View. AEye also recently announced the close of its Series B funding, which will be used to scale its operations to meet the global demand of its partners and customers.
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Optics.org Highlights AEye’s AE200 Series Announcement and $40M Series B Funding — AEye Announces Industry Leading Family of Perception Sensors for ADAS SolutionsAEye’s iDAR Shatters Both Range and Scan Rate Performance Records for Automotive Grade LiDARAEye Introduces Advanced Mobility Product for the Autonomous Vehicle MarketLG Electronics and AEye Announce Strategic Partnership to Address Sensing and Perception Needs of ADAS MarketAEye’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 HumanHella and AEye Extend Strategic Partnership to Deliver Sensing and Perception Solutions for ADAS and Autonomous DrivingAEye Introduces Next Generation of Artificial Perception: New Dynamic Vixels™AEye Sets New Benchmark for LiDAR RangeGartner Names AEye Cool Vendor in AI for Computer Vision
Wired Chuckles at AEye’s Cheeky Dart Demo
What better way to test the abilities of a LiDAR system than determining if it can perceive the dart from a “Nerf” gun? Thanks Wired Transportation Editor, Alex Davies, for the inspiration!
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Wired Chuckles at AEye’s Cheeky Dart Demo — AEye’s iDAR Shatters Both Range and Scan Rate Performance Records for Automotive Grade LiDARAEye’s $40M Series B Includes Numerous Automotive Leaders Including Subaru, Hella, LG, and SKBlair LaCorte Named President of AEyeAEye Introduces Advanced Mobility Product for the Autonomous Vehicle MarketLG Electronics and AEye Announce Strategic Partnership to Address Sensing and Perception Needs of ADAS MarketThe Future of Autonomous Vehicles: Part I – Think Like a Robot, Perceive Like a HumanHella and AEye Extend Strategic Partnership to Deliver Sensing and Perception Solutions for ADAS and Autonomous DrivingGartner Names AEye Cool Vendor in AI for Computer VisionAEye Announces Industry Leading Family of Perception Sensors for ADAS SolutionsElon Musk Is Right: LiDAR Is a Crutch (Sort of.)
Energy transition: Tesla wants to build micro-grids on Greek islands
Tesla is negotiating with the Greek Government to set up its own electricity grids on some of Greece’s many islands. The government already has a favorite for it. January 15, 2019, 2:30 pm, Werner Pluta Tesla logo (symbol image): Tesla is negotiating with the Greek Ministry of Energy on the construction of micro-grids on Greek… Continue reading Energy transition: Tesla wants to build micro-grids on Greek islands
Ford-VW sign memorandum to jointly develop EVs and self-driving vehicles
DETROIT, Jan 15 (Reuters) – VW CEO says in copy of speech: Ford and VW have signed memorandum of understanding to jointly develop electric and self-driving vehicles VW CEO says will share platforms and parts with Ford on pickups and vans in the alliance VW CEO says building vans in Ford’s turkey plant is an… Continue reading Ford-VW sign memorandum to jointly develop EVs and self-driving vehicles
Volkswagen AG and Ford Motor Company Launch Global Alliance
Volkswagen AG and Ford Motor Company today announced the first formal agreements in a broad alliance that positions the companies to boost competitiveness and better serve customers in an era of rapid change in the industry. Volkswagen CEO Dr. Herbert Diess and Ford CEO Jim Hackett confirmed that the companies intend to develop commercial vans… Continue reading Volkswagen AG and Ford Motor Company Launch Global Alliance
Groupe PSA : A New Record Set in 2018 at 3.9M Units with Worldwide Sales up 6.8%
RUEIL-MALMAISON, France–(BUSINESS WIRE)–Regulatory News: This profitable growth, reaching circa 3.878.000 units, has been leveraged by Groupe PSA (Paris:UG) product offensive in motion with more than 70 regional launches in 2 years, customer driven Core Model Strategy deployment and commercial network commitment. Groupe PSA products have been on all short final lists of prestigious automotive contests… Continue reading Groupe PSA : A New Record Set in 2018 at 3.9M Units with Worldwide Sales up 6.8%
Ford and Volkswagen will partner on building commercial vans and pickup trucks
Boris Roessler | picture alliance | Getty Images
14 January 2019, US, Detroit: Jim Hackett (r), CEO of Ford, and Herbert Diess, CEO of VW, talk about the fair together. Industry experts expect the announcement of a cooperation between VW and Ford in the light commercial vehicle sector.
Ford and Volkswagen plan to collaborate on making commercial vans and medium-sized pickup trucks as early as 2022, the two companies said Tuesday.
The partnership is expected to boost annual pre-tax operating results starting in 2023, the two companies said in announcing the agreement on the second day of the North American International Auto Show in Detroit.
They also signed a “memorandum of understanding” to work together on autonomous vehicle research.
This is a breaking news story. Please check back for updates.
Volkswagen, Ford set alliance centered on vans, pickups
DETROIT (Reuters) – Volkswagen AG (VOWG_p.DE) and Ford Motor Co (F.N) on Tuesday set an alliance that combines forces on commercial vans and pickups and said they were exploring expanding into joint development of electric and self-driving technology, actions meant to save the automakers billions of dollars. The President and CEO of Ford Motor Company… Continue reading Volkswagen, Ford set alliance centered on vans, pickups