Porsche is testing how its cars can drive themselves to lifting platforms in the workshop. The sports car brand, part of the Volkswagen Group, is working with a Berlin-based startup called Kopernicus Automotive to make car movements in the workshop more efficient. The aim of the project is to let cars drive themselves from their Read More..
BMW plans to open a technology scouting office in Tel Aviv, focusing on new technologies and cooperation with regional startup companies. The German premium car group will also look at opportunities to establish joint research projects with local universities. ” Tel Aviv has one of the fastest growing startup scenes in the world – especially in Read More..
Nuro, a California-based self-driving vehicle startup, said it has raised $940 million in financing from the Softbank Vision Fund. Including investments from other companies, Nuro said it has now raised more than $1 billion to help further develop and commercialize its autonomous technology. Nuro last year introduced a driverless vehicle that is particularly suited to Read More..
Christian Senger is set to take charge of all software-related matters at Volkswagen Group, according to company sources. Senger, who currently heads the VW brand’s electrification strategy, will take charge of vehicle software at the carmaker’s core division in a new management board-level position, company sources say. He is also expected to assume responsibility for Read More..
Ford Motor says it is the first automaker to work with Gravity Sketch, a 3D virtual reality tool that allows car designers to speed up their work. The software, built by a London startup, allows designers to start working with a 3D model right away, skipping the traditional phases of design that involve renderings of Read More..
A massive change in the Volkswagen Group’s IT system landscape is looming. In an interview late last year, Group CIO Martin Hofmann talks about the burden of VW’s technological legacy, cultural change within the company and the opportunities afforded by new technologies. By Hilmar Dunker and Yannick Polchow. Volkswagen Group has deliberately decided against establishing a Read More..
Digital twins play a role in all digitalization projects but data consolidation slows down implementation
Digital twins are shaping up to be a key tool as automotive companies proceed with digitalization across the entire value chain. But it’s not easy to get a handle on these virtual representations. In a production environment, the concept of a digital twin is comparatively easy to grasp. It’s an obvious part of Industry 4.0 Read More..
Škoda has announced a series of partnerships with start-up firms in Israel, currently developing rapidly as a global tech hotspot; the company last year opened its Škoda Auto DigiLab Israel in Tel Aviv, a collaborative incubator center. Anagog, in which Škoda took a stake earlier this year, processes data from over 100 smartphone apps and Read More..
It’s not just technology that holds the key to the autonomous-vehicle revolution. Automakers, suppliers, IT companies and telecommunications service providers are hard at work to create vehicles that will, one day, take the driver out of the equation. But, before that happens, there are non-technical issues, too, that need to be addressed. By Arjen Bongard. Read More..
Toyoda Gosei gets into venture capital, FCA looks for insurance innovations, Volvo Financial Services launches fintech lab
Toyoda Gosei – a Toyota Group company manufacturing rubber and plastic automotive components – is setting up a corporate venture capital department, specifically to invest in start-ups and accelerate innovations. Effective from January 2019 with a three-billion yen budget through till December 2020, this is said to enable it to act flexibly and quickly to commercialize Read More..