In June, Hau Thai-Tang, Ford Motorâ€™s head of global purchasing, was given a second job as executive vice-president of product development. Thai-Tang, who joined the carmarker as a trainee in 1993, sees the combined responsibilities as an opportunity to get more out of the relationship between Ford and a rapidly changing supply base. â€œWe have Read More..
Ford Motor’s recently acquired artificial intelligence company, Argo AI, bought Princeton Lightwave, in a move to further boost its in-house expertise in a technology that’s key for autonomous driving. Argo AI CEO Bryan Salesky said in a blog post that Princeton has extensive experience in developing and commercializing lidar sensors. Its technology, he said, “will Read More..
General Motors has acquired lidar specialist Strobe, joining a growing number of automotive companies that see the technology as crucial to the development of self-driving cars. The staff of Strobe will join GM’s Cruise Automation, which the US carmaker acquired in March 2016. The company specializes in driverless-car technology. â€œStrobeâ€™s lidar technology will significantly improve Read More..
Ford Motor, setting an ambitious new-mobility target, wants to have autonomous vehicles on the road in a ride-sharing or ride-hailing service by 2021. The US carmaker said last week that it is investing in or collaborating with four startups to speed up autonomous-vehicle development. It also is expanding its Silicon Valley R&D operations for the Read More..
In a bid to strengthen its activities in autonomous-driving technologies, ZF Friedrichshafen has acquired a 40 pc stake in lidar specialist Ibeo Automotive Systems GmbH, “Lidar gives us access to a core technology for environmental and object recognition,” Stefan Sommer, CEO of the German automotive supplier group, said in a press release. Hamburg-based IbeoÂ develops environmental Read More..