Rising costs, concerns over cyber security, and emerging innovation hubs may eventually limit how much automotive companies grow and invest in northern California. Some estimates value Silicon Valley’s technology ‘ecosystem’ – the businesses, venture capitalism and education institutions that power its growth – at nearly $3 trillion. With the direction of mobility and manufacturing heading towards Read More..
BMW Group and Suning Logistics have both announced that they are joining Apollo, Baidu’s open, shared autonomous driving platform. Apollo, launched in July 2017, now involves 118 global partners across the automotive and technology sectors. The BMW Group is working with other OEM and technology partners on a scalable autonomous driving platform spanning Level 2 Read More..
Hyundai Motor has teamed up with Autotalks, a company that plans to develop the next generation chipset for connected cars. The Korean carmaker said that, through its investment in Autotalks, it hopes to speed up development and deployment of such a chipset, which it sees as vital to the realization of autonomous driving. “Connectivity is Read More..
As the relationship between Detroit and Silicon Valley matures, automotive manufacturers are increasingly connecting IT projects out west to their global operations. While remaining in ‘research’ mode for projects is a feature of virtually all Silicon Valley-based automotive centers, the work done here also benefits from having access to the engineers, facilities and capital Read More..
Hyundai Motor has announced a series of partnerships and joint collaborations covering artificial intelligence, autonomous driving technology, and fuel cell technology. At CES Asia 2018 in Shanghai, it outlined plans to work with Chinese start-up DeepGlint on AI, which it plans to use in four key focus areas: manufacturing, retail, environment and seamless mobility. It Read More..
Carmakers are expanding technology and IT offices in Silicon Valley, and tasking them with functions that are different from the roles played by traditional R&D centers Silicon Valley has a long history in the transport industry stretching back nearly a century, notably in aerospace, aeronautics and defense. Along with the private sector, government and military Read More..
Xevo is partnering with TomTom to incorporate its in-car on-demand e-commerce platform, Xevo Market, into navigation systems. Service providers, shops or similar can be identified as points of interest (POI) in the mapping, and the driver can be navigated towards them. Recommendations can be offered on-route, such as suggesting a fuel stop or the chance Read More..
Denso Corporation, Hyundai’s investment division Hyundai Cradle, and Toyota AI Ventures have all taken stakes in the start-up Metawave Corporation, which has raised an additional $10million from these three and other new strategic investors. Metawave has core technologies for expanding radar detector range, improving recognition performance, and reducing size of radar devices. Denso, which has Read More..
Members of a newly formed “Hydrogen Council” committed to increased investment in the development and commercialization of hydrogen and fuel-cell technologies. The global initiative, aimed at helping ambitious worldwide plans to limit global warming, was unveiled during the annual meeting of the World Economic Forum in Davos, Switzerland. Auto-industry members of the council are BMW, Read More..
Hyundai Motor said it is teaming up with Cisco to develop new connected-vehicle technologies. The Korean car company said it will work with Cisco, a US-based IT and networking group,Â on building the next generation of in-vehicle networks to better connect cars to each other and to the infrastructure around them. The two companies plan to Read More..