Hyundai Motor Group will invest $300 million in Indian ride-hailing platform Ola, using the country’s fast-growing market as a springboard for global new-mobility intiatives. “India is the centerpiece of Hyundai Motor Group’s strategy to gain leadership in the global mobility market,” Euisun Chung, executive vice chairman of Hyundai, said in a press release. Hyundai and Read More..
Hyundai Motor will show a “walking car” concept at next week’s CES high-tech exhibition. The futuristic study is further evidence how the Las Vegas high-tech gathering is increasingly being used to promote new and innovate mobility concepts. The Korean car group provided few details ahead of CES, but, in a teaser picture, showed a vehicle Read More..
Hyundai MNsoft, a subsidiary of the Hyundai Group, is partnering with start-up Netradyne, which focuses on computer vision, deep learning, edge computing and predictive analytics, to develop global HD maps for autonomous vehicles. Hyundai MNsoft currently supplies Hyundai and Kia with embedded navigation and location-based and cloud-based services, including geographic information system (GIS) technologies such Read More..
Hyundai’s corporate venture division has made an investment in Israeli technology firm allegro.ai, which specializes in deep learning-based computer vision. It aims to accelerate its deployment of artificial intelligence across various business areas, as well as to use AI to enhance the safety of the driving experience. The allegro.ai technology is said to be an Read More..
Selected Hyundai and Kia vehicles will be offered next year with solar panels on their roof or hood: the solar charging will supplement electrical power in cars with hybrid, battery-electric and internal combustion engine (ICE) powertrains. Three solar charging systems have been developed. The first-generation solar roof, for hybrid models, features silicon-cell photovoltaic panels mounted Read More..
Hyundai’s corporate venture business, Hyundai Cradle, is taking a stake in Perceptive Automata, a developer of AI software for autonomous vehicles. The start-up, which recently joined the Renovo AWare ecosystem, uses rich sensor data and deep learning models to gain an understanding of how people – other motorists, pedestrians, cyclists – behave. Its predictive software Read More..
Hyundai Autron has selected Wind River of Alameda, California, to collaborate on safety-critical IoT software for autonomous vehicles. Intellectual property from both companies will be used to create a platform to integrate features such as advanced sensing, ethernet-based communication, and artificial intelligence applications. Wind River describes the new platform as leveraging advanced system partitioning via Read More..
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..