All Article articles – Page 3
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Hyundai Mobis invests in Velodyne Lidar
Hyundai Mobis will invest $50 million in Velodyne Lidar to speed up the mass production of lidar systems for level 3 automated driving.
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From Hyundai, a smart cruise control system that can learn
Hyundai Motor is developing a smart cruise control system that can learn a driver’s behavior and create a customized self-driving experience.
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Honda accelerates European electrification plans
Honda is accelerating plans to roll out hybrids and full electric vehicles across its European model range.
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Renault conducts autonomous car service trial in Paris, plans route with Waymo
Renault is conducting a test in Paris of an on-demand car service using two autonomous electric vehicles. The French carmaker is also teaming up with driverless-car specialist Waymo to explore the possibility of driverless transportation to and from the main Paris airport.
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Volvo Group invests in Israeli cyber security firm, establishes separate autonomous-transport division
Volvo Group said its venture capital arm has invested in Israeli automotive cybersecurity specialist Upstream Security. It also announced that it would form a dedicated new business arm for autonomous vehicles.
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CIO Klaus Straub leaves BMW
Klaus Straub, CIO of BMW has left the company, the German premium car maker confirmed Thursday.
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What took the air out of Dyson’s electric car project?
The iconic manufacturer of vacuum cleaners has cancelled plans to develop and build an EV. That was probably a smart decision, considering the huge costs, competition and struggling market that Dyson would have been entering. An analysis from Ultima Media’s automotive analyst, Daniel Harrison.
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BMW executive: German automakers opt for steady, profitable growth in mobility services
It’s been less than a year since archrivals BMW and Daimler received the regulatory approvals needed to merge their mobility services into a new jointly owned company and the two German premium car groups are moving steadily ahead with plans to develop revenue streams that can, one day, offset expected declines in traditional new-car sales.
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Toyota to show new Mirai fuel-cell vehicle at Tokyo show
Toyota Motor will show the second generation of the fuel cell-powered Mirai sedan at the upcoming Tokyo Motor Show. The car, which is set to go into production late next year, will have greater driving range, improved performance and an updated design.
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Consortium to develop computing platform for autonomous vehicles
Under pressure to cut costs, a group of automotive and IT companies has formed a consortium to develop a common computing platform for autonomous vehicles.
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Dyson scraps plan to build electric vehicle
Vacuum cleaner maker Dyson has scrapped plans to build an electric vehicle, highlighting the difficulties non-automotive companies face when they want to build a car.
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Renault names CFO Delbos interim CEO; ends mandate of Bollore
Renault named CFO Clotilde Delbos interim chief executive with immediate effect and terminated the mandate of its previous top executive, Thierry Bollore. The French carmaker didn’t give any reasons for the change, but said Delbos will serve as CEO until a new permanent chief executive is appointed.
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McDermott steps down as CEO of SAP
Bill McDermott is stepping down as CEO of SAP with immediate effect, the company said Thursday. He is succeeded by management board members Jennifer Morgan and Christian Klein, who will serve as co-CEOs of the world’s largest business software group.
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At Renault, ‘Mobility as an Industry’ is a new business unit
Renault, acknowledging the transformation of the automotive industry, will bundle all its mobility activities in a new operating subsidiary called ‘Mobility as an Industry (MAI).’
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Fujitsu to launch platform for automotive big data use
Fujitsu plans to launch a platform specifically designed to quickly process large volumes of data from connected cars.
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AAA test: Pedestrian detection systems and emergency braking perform inconsistently
Emergency braking systems with pedestrian detection fail to prevent many accidents, according to a new study by the American Automobile Association (AAA).
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Mahindra selects ZF as powertrain partner for Formula E
Mahindra has selected ZF Friedrichshafen as the ’official powertrain partner’ for its Formula E race car. The two companies have already started to develop an electric driveline for the 2021-2021 season of the electric-vehicle racing competition.
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Bosch invests in Chinese autonomous trucking startup
Robert Bosch is investing in autonomous trucking company Trunk, a Chinese startup that recently went into production with technology aimed at the $19 billion container logistics market.
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UPS gets approval for drone deliveries in US; will expand use of new technology
UPS, which received official US approval for drone deliveries last week, said it would quickly expand the use of the airbone delivery technology.
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Volvo Cars, Geely to merge combustion engine operations
Volvo Cars and China’s Geely plan to merge their combustion engine operations, forming an independent new business unit that could also supply other car manufacturers.