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

Intel, Mobileye unveil first autonomous car

The CEO of Intel Corp. Brian Krzanich unveiled the US semiconductor giant’s first autonomous car and announced a new collaboration with China’s carmaker SAIC Motor, during a keynote opening address at the 2018 Consumer Electronics Show (CES) in Las Vegas. The car includes 12 cameras, radars, laser scanners and computing technologies developed by Mobileye and… Continue reading Intel, Mobileye unveil first autonomous car

BRIEF-Qualcomm, Ford Partner On C-V2x Global Initiative

Jan 9 (Reuters) – Qualcomm Technologies​: * QUALCOMM AND FORD COLLABORATE ON C-V2X GLOBAL INITIATIVE TO IMPROVE VEHICLE SAFETY, TRAFFIC EFFICIENCY AND SUPPORT FOR AUTONOMOUS DRIVING * SAYS CELLULAR VEHICLE-TO-EVERYTHING TECHNOLOGY PLANNED FOR FURTHER FIELD VALIDATIONS BEGINNING H1 2018 * SAYS QUALCOMM 9150 C-V2X CHIPSET IS EXPECTED TO BE COMMERCIALLY AVAILABLE SECOND HALF OF 2018… Continue reading BRIEF-Qualcomm, Ford Partner On C-V2x Global Initiative

Honda Xcelerator Startups Demonstrate Future Mobility Solutions

LAS VEGAS, Jan. 9, 2018 – Six technology startups are partnering with Honda Xcelerator at CES 2018 to demonstrate technologies that have the potential to transform mobility, focusing on challenges posed by autonomous vehicles and advanced connected cars. Honda is featuring partnerships with BRAIQ, DeepMap, DynaOptics, EXO Technologies, Tactual Labs, and WayRay at Honda’s Global… Continue reading Honda Xcelerator Startups Demonstrate Future Mobility Solutions

Mazda rotary engine may find new life in self-driving Toyota e-Palette project

Mazda’s famed rotary engine may spin once again. The automaker confirmed the development of a range-extending rotary engine with Toyota for use in a shared future project. Toyota revealed the e-Palette concept on Monday at the 2018 Consumer Electronics Show in Las Vegas. The vehicle, a battery-electric and self-driving prototype, previews one possibility for Toyota to… Continue reading Mazda rotary engine may find new life in self-driving Toyota e-Palette project

E-bikes and autonomous vehicles take over urban mobility

E-bikes and autonomous vehicles take over urban mobility Welcome to our weekly news highlights by Splyt, the place where you‘ll find the most relevant information about the urban mobility scene. Follow us for updated news, we post every Tuesday! Here is what happened last week: E-bikes — add them to your fleet, or stay behind As the bikesharing industry and… Continue reading E-bikes and autonomous vehicles take over urban mobility

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