Startups & Venturing

  • softbank.automotiveIT
    Article

    Softbank invests in GM's Cruise driverless-car unit

    2018-06-01T09:17:36Z

    GM acquired Cruise in 2016 to speed up development of autonomous cars (Photo: GM) Softbank will invest $1.1 billion in GM Cruise Holdings, adding more financial muscle to General Motors' plan to ready autonomous-driving technology for commercial implementation in 2019. The US automaker is also committing an additional $2.25 ...

  • waymo.automotiveIT
    Article

    Waymo to buy an additional 62,000 Chrysler Pacificas

    2018-05-31T20:04:12Z

    Waymo already operates 600 driverless Chrysler Pacificas (Photo: Waymo) Waymo will buy an additional 62,000 Chrysler Pacifica minivans from Fiat Chrysler Automobiles, as the Google affiliate ramps up its driverless transportation service. The first of the new batch of Pacificas will be delivered later this year. FCA said in ...

  • tenneco.automotiveIT
    Article

    Tenneco, Schaeffler plan to make "dumb" components smart

    2018-05-29T18:13:00Z

    Executives from automotive tier suppliers at the automotiveIT International conference in Atlanta explain how, with the help of sensor technology, traditional mechanical car components can be equipped with new digital functionality.

  • nvidia.automotiveIT
    Article

    Nvidia exec: simulation technology can play key role in AV testing

    2018-05-29T17:45:00Z

    Norman marks, Nvidia’s automotive chief, sees a bigger role in digital simulations.

  • Konnect logo_600
    Article

    Volkswagen opens Konnect co-working campus in Tel Aviv to support tech start-ups

    2018-05-25T15:42:06Z

    Konnect, the new Volkswagen Group Campus in Tel Aviv, Israel, has been opened to provide a co-working space for local tech start-ups and to support collaborations. Themes for the work to take place there include connectivity, smart navigation, sensors, simulators, cybersecurity, e-mobility and big data, with a view to pushing ...

  • vw.automotiveIT
    Feature

    VW CIO: Quantum computing being readied to address real issues

    2018-05-16T14:57:00Z

    Quantum computing could one day provide the huge boost in processing power that is needed to make future autonomous cars reliable, safe and secure. Volkswagen CIO Martin Hofmann says the technology is moving closer to commercialization.

  • faurecia powersphyr_scale
    Article

    Faurecia invests in PowerSphyr to enhance cockpit connectivity tech

    2018-05-14T13:03:00Z

    Source: Faurecia PowerSphyr’s wireless charging pad is compatible with different devices Faurecia has made an investment in Silicon Valley start-up PowerSphyr, a provider of wireless charging solutions that can be applied to many types of electronic devices as well as sensors and actuators. These will ...

  • GM-seat_bracket_crop
    Article

    GM using Autodesk software, AI and cloud computing for vehicle lightweighting

    2018-05-09T12:47:30Z

    3D-printed seat bracket Image: GM General Motors has described how it is using generative design software from Autodesk in its next-generation lightweighting programme, and how this is helping the development of more efficient alternative-propulsion and zero-emission vehicles. Using cloud computing and AI-based algorithms, multiple permutations of a component can ...

  • volvo amazon key_crop
    Article

    Amazon Key unlocks Volvo and GM vehicles for parcel deliveries

    2018-04-30T11:50:26Z

    Amazon Prime in-car delivery (Image: Volvo) Both Volvo Cars and General Motors have announced the addition of the Amazon Key app to their respective connected services in the USA. This will be available to customers in 37 US cities and their surrounding areas, with more locations to follow. For ...

  • evelozcity.automotiveIT
    Article

    Former Opel CEO Neumann joins Evelozcity

    2018-04-27T13:48:13Z

    Karl-Thomas Neumann will join the EV start-up in May (Photo: Opel) Former Opel CEO Karl-Thomas Neumann is joining the senior management team of electric-vehicle startup Evelozcity. Neumann will be in charge of mobility and will develop the company's connected car strategy, launch mobility concepts and oversee customer experience, branding ...