Detroit Free Press staff Published 9:19 p.m. ET Jan. 13, 2019 | Updated 9:50 p.m. ET Jan. 13, 2019 CLOSE Analysts note that the car companies recently initiated talks about small partnerships, but each may be motivated to think big because of their limited product lines and limited regional scope. Wochit One of the big stories at… Continue reading Latest in Ford-VW buzz: Hackett says VW might make Fords in Europe – Detroit Free Press
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Toyota plans to launch its version of Baleno facelift in India soon
NEW DELHI: Japanese auto major Toyota is gearing up to launch its version of Suzuki’s premium hatchback Baleno in the Indian market in the second half of next fiscal, according to sources. Toyota has been working on incorporating its own unique features to the model that has been a runaway success for Suzuki’s Indian arm… Continue reading Toyota plans to launch its version of Baleno facelift in India soon
Toyota plans to launch its version of Baleno in India next fiscal
NEW DELHI: Japanese auto major Toyota is gearing up to launch its version of Suzuki’s premium hatchback Baleno in the Indian market in the second half of next fiscal, according to sources. Toyota has been working on incorporating its own unique features to the model that has been a runaway success for Suzuki’s Indian arm… Continue reading Toyota plans to launch its version of Baleno in India next fiscal
Kaleido Bio and Cirius Join an IPO Queue Stalled by Federal Shutdown
January 11th, 2019 Xconomy Boston — The partial government shutdown may have diminished staffing at the SEC, but it hasn’t dimmed the hopes of biotech firms hoping to go public. On Friday, Kaleido Biosciences and Cirius Therapeutics both filed paperwork for their respective initial public offerings with the securities regulator. While it’s operating with “very… Continue reading Kaleido Bio and Cirius Join an IPO Queue Stalled by Federal Shutdown
Renault-Nissan’s Ghosn received 7 million euros from Dutch JV: Les Echos
FILE PHOTO: Carlos Ghosn, Chairman and CEO of the Renault-Nissan Alliance, reacts during a news conference in Paris, France, September 15, 2017. REUTERS/Philippe Wojazer/File Photo PARIS (Reuters) – Ousted Renault-Nissan alliance (RENA.PA)(7201.T) chairman Carlos Ghosn was paid 7 million euros ($8 million) through a Dutch joint venture between Nissan and Mitsubishi (7211.T), French financial daily… Continue reading Renault-Nissan’s Ghosn received 7 million euros from Dutch JV: Les Echos
Seamless EV Charging Is Catching On In North America
NORTH AMERICAN CHARGING NETWORKS MOVE TO ENABLE SEAMLESS ROAMING FOR EV CHARGING Electric vehicles are often compared to mobile phones. Among other similarities, both devices depend on a stack of interdependent hardware, software and services, and both need to be plugged in and charged after use, normally in the evening. *This article comes to us courtesy of EVANNEX (which… Continue reading Seamless EV Charging Is Catching On In North America
Let’s Look At CATL’s Numerous Battery Deals
Mega-player in the battery biz. Chinese power battery manufacturer Contemporary Amperex Technology Limited (CATL) and Zhejiang Jirun Automobile Company Limited (Zhejiang Jirun), a subsidiary held by Zhejiang Geely Holding Group, struck a deal on December 20, 2018 to fund a joint venture (JV) that works on the R&D, manufacture and sale of battery cells and… Continue reading Let’s Look At CATL’s Numerous Battery Deals
Five top priorities for new Fiat Chrysler CEO Mike Manley – Automotive News
New Fiat Chrysler Automobiles CEO Mike Manley inherits a much cleaner “house,” as his predecessor, Sergio Marchionne, referred to the company, but it’s far from spotless. Marchionne, replaced Saturday because of serious illness, defied the odds by successfully combining Italian automaker Fiat with Chrysler Group to form the world’s seventh-largest automaker. He cleaned up the… Continue reading Five top priorities for new Fiat Chrysler CEO Mike Manley – Automotive News
That’s No Mirage: NVIDIA and Partners Make Self-Driving Dreams a Reality in Las Vegas Desert
Road-ready advanced autopilot systems, intelligent cockpits and highly accurate map localization platforms wowed the crowds this week at CES in Las Vegas. At the core of each of these cutting-edge technologies is the high-performance, energy-efficient compute of NVIDIA DRIVE. To kick off the show, ZF and Continental announced premium, Level 2+ automated driving systems using… Continue reading That’s No Mirage: NVIDIA and Partners Make Self-Driving Dreams a Reality in Las Vegas Desert
Velodyne Lidar Sensors Power ThorDrive’s Trailblazing Autonomous Driving Commercial Vehicle Services
Velodyne Lidar Sensors Power ThorDrive’s Trailblazing Autonomous Driving Commercial Vehicle ServicesNovember 28, 2018|In Press Releases|By Albie JarvisKickoff Event Takes Place Thursday, November 29th 11:00 a.m.
Hassett ACE Hardware, 875 Alma Street, Palo Alto
Utilizing Velodyne Lidar sensors, ThorDrive, a leading autonomous vehicle (AV) startup, is introducing commercial vehicle services in the first of many pilots. The kick-off event will be attended by local government and business leaders, including Mayor Liz Kniss of Palo Alto, Mike Jellen, President and CCO of Velodyne Lidar, and Seung-Woo Seo, founder of ThorDrive. The initial service, in partnership with Hassett ACE Hardware, will support select residents of Channing House (senior housing) and fire departments in Palo Alto with plans to expand to additional pilots soon. The ThorDrive platform is using Velodyne’s lidar sensors to provide rich data content for its AV software.
“ThorDrive-powered commercial vehicle services demonstrate how Velodyne intelligent lidar sensors are helping companies place autonomous vehicles on the road today”
“We are excited to provide groundbreaking autonomous driving technology that is pioneering a new way to provide value-added services in logistics processes,” said Seung-Woo Seo. “Velodyne’s lidar technology provides a crucial data set for sensor fusion in ThorDrive software and will continue to be a core component in the ThorDrive sensor suite.”
“ThorDrive-powered commercial vehicle services demonstrate how Velodyne intelligent lidar sensors are helping companies place autonomous vehicles on the road today,” said Mike Jellen. “ThorDrive’s technology taps the full potential of Velodyne’s rich computer perception data to help determine the safest way to navigate and direct a self-driving vehicle. They are transforming logistics by
developing dedicated autonomous vans to help companies create faster, more efficient commercial services.”
The ThorDrive platform has been designed to provide the highly accurate sensor fusion, high-precision localization, and detailed path planning needed to operate in dense urban environments. It can build maps for hyperlocal areas, such as private parking lots. The platform has been demonstrated to support proof-of-concept tests quickly and cost effectively.
ThorDrive has been using Velodyne lidar sensors in developing its autonomous driving technology since 2010. The company retrofits Ford vans with its AV technology and they will be deployed as a fleet of autonomous vehicles across the United States, addressing commercial and logistics markets.
“ThorDrive is very pleased to be working with Velodyne because of their commitment to continuous innovation and focus on manufacturing at scale,” said Farshid Arman, COO, ThorDrive. “Velodyne has been an invaluable collaborator and provides the reliable product and on-time delivery we need to develop our full stack autonomous driving software to our customers’ choice of commercial vehicles.”
About ThorDrive
ThorDrive, based in Silicon Valley, has been developing autonomous driving technology since 2010, and was established as a company in 2017. ThorDrive is applying its autonomous driving product suite to providing value-added commercial vehicle services (www.thordrive.ai).