Volkswagen to become a power supplier

The Volkswagen Group is establishing a Group company for energy offerings and charging solutions – underlining its strategic goal of becoming a leading provider of sustainable mobility. Elli Group GmbH with headquar-ters in Berlin is to develop products and services connected with energy and charging for the brands of the Group. Thomas Ulbrich, Volkswagen brand… Continue reading Volkswagen to become a power supplier

Enhancing the digital out-of-home and in-vehicle advertising experience

A new partnership with Verve – the leading mobile platform for location-powered programmatic video and display marketing – will help HERE amplify mobile display advertising performance and introduce new digital out-of-home and in-vehicle opportunities. Today’s mobile and connected devices provide insightful data that creates more opportunities for companies to understand consumers’ motivations and habits, giving… Continue reading Enhancing the digital out-of-home and in-vehicle advertising experience

Volkswagen buys wireless car service from Volvo

Volkswagen MOIA electric ride-pooling van
In automotive electronics news that doesn't come from this week's CES, Volkswagen announced late last month that it is buying wireless automotive technology from Volvo.

The technology is expected to enable VW's upcoming We car sharing program as well as to allow drivers to control some vehicle functions remotely, which could impact things such as charging for electric cars.

Automakers are scrambling to catch up with Tesla's ability to update cars remotely, and also to enable car-sharing services to compete with companies such as Uber, Lyft, and Google in launching self-driving shuttle and taxi services.

READ THIS: The Apple car to finally hit the road, only it's a VW Bus

The deal is worth $122 million, for Volvo's WirelessCar division, which was founded in 1999, which has been a subsidiary of Volvo since 2007.

Microsoft will also provide wireless services aimed at updating VW cars—and almost certainly first models from VW's luxury divisions, Audi and Porsche—over the airwaves.

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The companies plan to develop a secure platform to such updates that won't be vulnerable to the kind of attacks that hackers have demonstrated in principle.

Secure communications and the ability to send commands and updates to cars remotely will be necessary pieces for automated taxi services.

CHECK OUT: Electric car-sharing programs expanding in U.S.

For example, such a service could send updated maps with live construction detours to cars that might venture into areas with weak cellular service.

The sale is expected to be completed in the first half of 2019.

Chinese EV startup Byton seeks to raise $500m to fund growth

January 8, 2019 Chinese-funded electric vehicle manufacturer Byton is seeking to raise at least $500 million to finance growth, valuing the nearly three-year-old company at more than $4 billion, two people familiar with the matter told Reuters. The latest round of fundraising comes as China’s government promotes new energy vehicles (NEVs), a category comprising battery-powered… Continue reading Chinese EV startup Byton seeks to raise $500m to fund growth

EV startup Byton aims to raise $500 mln to fund growth: sources

HONG KONG, Jan 8 (Reuters) – Chinese-funded electric vehicle manufacturer Byton is seeking to raise at least $500 million to finance growth, valuing the nearly three-year-old company at more than $4 billion, two people familiar with the matter told Reuters. The latest round of fundraising comes as China’s government promotes new energy vehicles (NEVs), a… Continue reading EV startup Byton aims to raise $500 mln to fund growth: sources

Via Demonstrates the Future of Autonomous Vehicle Ridesharing at CES

Published January 7, 2019 9:00 am, Via NYC
Via Demonstrates the Future of Autonomous Vehicle Ridesharing at CES
Via, Comet Mobility and Aurrigo debut PodZero AV mobility project

Via, the leader in dynamic, on-demand shared ride technology, is building the operating system for mobility and the future of Autonomous Vehicles (AVs), showcasing its smart solutions at CES 2019 alongside Aurrigo, Comet Mobility and an AI technology provider for AV demonstrations. AV technology is maturing, and Via is building and deploying solutions that will enable AVs to function in real-world situations as part of optimized, shared transportation systems. This is the first time Via’s AV technology and Aurrigo’s PodZero will be demonstrated together.

“We are delighted to showcase Via’s dynamic autonomous vehicle technology at CES with change-makers Aurrigo and Comet Mobility,” said Oren Shoval, co-founder and CTO of Via. “If autonomous vehicles are to reach their full potential for providing low-cost, efficient rides, they need to be shared by multiple passengers. Via’s sophisticated systems are able to power, in real-time, the movement of millions of connected autonomous shuttles and their passengers.”

Via has provided more than 45 million dynamically-routed rides around the globe, and has applied this experience in shared mobility to AVs. CES attendees can experience Via’s AV technology by booking a PodZero ride using the Via app at the on-site visitor center. Via will seamlessly book and route the autonomous vehicles on-demand, provide customers with a vehicle location and ETA, and use its advanced Augmented Reality (AR) functionality for easy identification.

Here’s how it works, all through Via’s mobile app:

The rider will select the number of passengers, pick-up and drop-off locations
The app will provide the rider with a notification of the next Aurrigo PodZero available, and an accurate ETA
The rider will receive updated ETAs and vehicle location during the wait
The rider will easily identify the Aurrigo PodZero upon arrival using Via’s AR technology, which displays a Via icon above the PodZero within the app

During the journey, visitors will be routed around a 1,500 ft. “cityscape” track to New York, the UK or Las Vegas in the South Platinum Parking Lot, while interacting with voice-activated technology. In addition to rider-focused AV technology, Via will also demonstrate its AV driver technology, including key functionalities that intelligently select the fastest routes for each shuttle using real-time traffic data from multiple sources; direct shuttles to optimal pick-up locations to avoid detours; and accurately predict how demand patterns will unfold throughout the day and smartly position shuttles to anticipate that demand.

“Deploying an efficient fleet of AVs for shared rides is no easy feat, and requires products that reach far beyond simply the ability to drive autonomously. Via’s technology has to replace all of the functions of the traditional driver — from helping riders board, to ensuring they have the right vehicle, to solving real-time issues in the vehicle, and acting as ‘eyes and ears’ on the road by reporting important changes like street closures,” said Shoval.

About Via:

Via is re-engineering public transit, from a regulated system of rigid routes and schedules to a fully dynamic, on-demand network. Via’s mobile app connects multiple passengers who are headed the same way, allowing riders to seamlessly share a premium vehicle. First launched in New York City in September 2013, the Via platform currently operates in the United States, and in Europe through its joint venture with Mercedes-Benz Vans, ViaVan. Via’s technology is also deployed worldwide through partner projects with public transportation agencies, private transit operators, taxi fleets, private companies, and universities, seamlessly integrating with public transit infrastructure to provide the most cutting edge on-demand mobility innovation.

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Karma Automotive Forms Mobility Experiences Division – PRNewswire

IRVINE, Calif., Jan. 7, 2019 /PRNewswire/ — Southern California-based Karma Automotive announced the creation of a new Mobility Experiences Division to help build its long-term brand value and create opportunities for target consumers to enjoy premium hands-on experiences in the luxury electric Revero in settings that match their lifestyle. The new Mobility Division will initially offer… Continue reading Karma Automotive Forms Mobility Experiences Division – PRNewswire

Innoviz and HARMAN Partner to Deliver Industry-Leading LiDAR to Automakers – PRNewswire

HARMAN will leverage Innoviz’s LiDAR offerings to further reinforce its position as a leading provider of products and technologies to automakers that help improve vehicle safety, perception, connectivity and experience. Specifically, Innoviz’s LiDAR will enhance HARMAN’s existing ADAS and Automated Driving initiatives, helping deliver superior driver assist features today and Levels 3-5 automation tomorrow. “HARMAN’s… Continue reading Innoviz and HARMAN Partner to Deliver Industry-Leading LiDAR to Automakers – PRNewswire

Uber’s IPO may not be as eye-popping as we expected

Uber is expected to raise $10 billion later this year in one of the largest U.S. initial public offerings in history. The float will value the ride-hailing giant somewhere between $76 billion — the valuation it garnered with its last private financing — and $120 billion — a sky-high figure assigned by Wall Street bankers… Continue reading Uber’s IPO may not be as eye-popping as we expected