While much focus is put on OEM plans to launch more electric vehicles, a great deal of the technology, value, production and services will come from both existing and emerging suppliers across the value chain. We expect many new opportunities for these companies over the next decade.
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.
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.
Former Byton CEO Carsten Breitfeld has been appointed global chief executive of Los Angeles-based Faraday Future (FF), strengthening the management ranks of the Chinese-owned electric-vehicle company and potentially improving its chances of bringing to market its flagship FF 91 model.
DoorDash, an on-demand food delivery service with a growing interest in autonomous vehicle technology, has acquired Scotty Labs, a tele-operations company that is developing technology for remote-controlled autonomous driving for cars and trucks.
2019-08-22T15:40:00+01:00By automotiveIT International
The inaugural automotiveIT International Go Innovate! Live conference has changed dates and will now be held this December 3-5th in Detroit. The event will now see speakers from General Motors, Honda, BMW and Daimler joining Ford, Bosch, Visteon, Inteva and others.
Porsche has acquired a minority stake in TriEye, an Israeli technology start-up specialized in deep learning and semi-conductor components that support autonomous driving and advanced driver assistance systems.
Krause, the founder and chief executive officer of electric vehicle startup Canoo (formerly Evelozcity), is stepping down temporarily as the company’s chief executive officer and chairman of the board for family reasons as the company prepares to unveil first model.
ZF Friedrichshafen’s new technologies are designed to support the further automation of the mobility experience on various fronts, but the large German automotive supplier doesn’t see full autonomous driving on public roads anytime soon. In the meantime, it works to improve conventional vehicles, while at the same time developing tomorrow’s mobility.
Volkswagen has opened a new IT center today at its factory in Dresden, Germany that is set to play an important role in the carmaker’s cloud, hardware and software applications, in particular across digital assembly and logistics processes.
In the race to perfect autonomous driving, Israel has proven to be a hotspot of innovation in areas like machine learning and cyber security – driven, in part, by its military expertise and surveillance tools.