Chinese LiDAR developer ABAX Sensing has completed a follow-on round of financing, led by Robert Bosch Venture Capital (RBVC). Other investors include China tech firm Orbbec and GSR Capital. RBVC’s managing director, Dr Ingo Ramesohl, said in a statement that this “underlines our excitement in the disruptive approach of ABAX for the next-generation LiDAR”. ABAX has 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..
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..
Automotive system developer and supplier Eberspaecher has acquired a stake of more than 20 pc in Karlsruhe-based start-up PACE Telematics GmbH, reflecting its aim to expand its business into cloud-based mobility services and connectivity solutions. Eberspaecher is known as a supplier of thermal management, exhaust and electronic systems, but “we are convinced that data-based services Read More..
PSA has launched the DS 7 Crossback in China featuring new services underpinned by Huawei’s OceanConnect IoT platform. These include in-car natural language voice recognition, a connected services portal and connected navigation, plus information such as vehicle status, journey history and driving style which can be viewed via smartphone app. Further services such as remote Read More..
BMW, Daimler, Audi and Volvo have all announced that Tmall Genie, Alibaba AI Labs’ smart voice assistant, will be integrated into their digital ecosystems for Chinese consumers. Users with Tmall Genie-equipped devices at home will be able to remotely access information or data relating to their car such as fuel levels or whether its doors Read More..
DENSO Corporation has taken an equity stake in On The Road Co. Ltd., with a view to accelerating development of technologies for Mobility as a Service (MaaS). Its investment of around 160 million yen (about $1.5 million) gives it a stake of just under 15%. On The Road – like DENSO, based in Aichi prefecture, Read More..
Local Motors is partnering with Robotic Research, best-known for its work for the US Departments of Defense and Homeland Security, to further develop Olli, its autonomous-driving shuttle bus. They will collaborate on integrating new sensor sets, technologies and other applications, with a view to facilitating and optimizing the industrialization and commercialization of Olli, which was Read More..
Robert Bosch has formed a separate division that will focus on mobility technologies, including car sharing, ride sharing and connectivity-based services. The German automotive supplier also announced that it had acquired Splitting Fares (SPLT), a US start-up that has developed a ride-sharing platform specifically aimed at companies and commuters. Bosch has for the past 10 years Read More..
Internet-of-Things related revenue is set to double in Germany to 23 billion euros a year by 2020 from less than 10 billion euros today, according to a new McKinsey study. The consultants said IT and telecommunications service providers are set to gain business especially from manufacturing industries and the connected car. Industry 4.0, which foresees Read More..