Report: Climate Change vs. Carmakers
Report: Automotive headwinds align into a perfect storm
BMW’s i Ventures capital fund, based in Mountain View, California [HQ pictured], is investing in two-year-old machine intelligence company Graphcore, based in Bristol, UK, and with offices in London, Oslo, Palo Alto and Beijing.
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Faurecia has entered into a joint venture with Aptoide to develop and offer apps for automotive applications.
Audi is deploying robots to help human workers carrying out monotonous tasks at their desks.
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.
Avis Budget Group (ABG) said it will use the Otonomo platform to provide data from its fleet of connected cars to service providers and other partners.
With most new cars set to feature some form of connectivity, there is a big opportunity in usage-based insurance (UBI), which is likely to grow sharply in coming years. Paul Stacy, automotive development director for LexisNexis Risk Solutions, explains why following a new deal in which Fiat Chrysler vehicles will connect to the LexisNexis telematics platform in Europe.
Jaguar Land Rover is testing whether artificial intelligence (AI) can automatically adapt the in-car environment to a driver’s mood.
