Startups & Venturing
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Tearing profits apart: how tier 1 automotive suppliers can mitigate shrinking margins
The latest report by Automotive from Ultima Media examines the profits and outlook for the top 20 automotive parts suppliers and explores the strategies and solutions they should consider to avoid significant disruption in the 2020s, including the key role they will play in automotive design and R&D
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Suppliers will charge the change: opportunities in the EV value chain
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.
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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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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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Subscribing to a new idea of mobility at Canoo
James Cox, former head of product planning at Uber, talks about leading product technology at EV startup Canoo and why he thinks the company will succeed with its subscription-based vehicle offering.
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Amazon orders 100,000 electric delivery vans from Rivian; steps up commitment to carbon neutrality
Amazon has ordered 100,000 electric delivery vans from Rivian, an electric-vehicle startup that is set to launch its first products in late 2020.
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Study: German logistics sector fails to benefit from startup technologies
German companies transporting goods all too often ignore the potential of digital technologies developed by startup companies, a new study found.
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San Francisco food delivery firm DoorDash acquires autonomous vehicle specialist Scotty Labs
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.
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At ZF, a broad focus on a wide range of automotive technologies
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.
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Why all eyes are on Israel for AI
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.
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Watch: How Faurecia invests in startups
Faurecia Ventures is the company’s corporate venturing division, searching out next generation digital and mobility technology.
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Faurecia invests in Israeli cyber security firm as part of digital and connected service push
The French-based automotive supplier has invested in GuardKnox to help secure vehicle connectivity and data processing.
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Borgwarner forms battery JV with Romeo Power
Borgwarner plans to enter into a joint venture with Romeo Power Technology to manufacture battery packs for electric vehicles.
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Analysis: Covestro sees new automotive opportunities as cars evolve
With the car undergoing some of the biggest changes in its 130-year history, companies such as materials maker Covestro hope to capitalize on the fresh opportunities emerging in the automotive supply chain.
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Feature
AWS looks to fast movers in the auto industry
AWS vice president Dirk Didascalou talks about could opportunities across the automotive supply chain.
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Faurecia, Michelin join forces in fuel cell technology
Faurecia and Michelin in fuel cell JV Faurecia CEO Patrick Koller (l) and Michelin general managing partner Florent Menegaux sign the Symbio agreement that will establish the JV. Agnès Pannier-Runacher, secretary of state at the French Ministry for Economy and Finance is in the middle (Photo: Faurecia) ...
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Feature
From Fujitsu, a "quantum inspired" architecture for faster computing
Fujitsu CTO for EMEA, Joseph Reger, thinks digital annealing will help companies imitate quantum computing speed across operations
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Robotics company Nuro raises close to $1 billion
Nuro is signing partnership deals with a range of companies to test its autonomous delivery vehicle (Photo: Nuro) Nuro, a California-based self-driving vehicle startup, said it has raised $940 million in financing from the Softbank Vision Fund. Including investments from other companies, Nuro said it has now raised ...
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VW's Senger to become board member for software
Christian Senger will take a board seat representing software Christian Senger is set to take charge of all software-related matters at Volkswagen Group. Senger, who currently heads the VW brand’s electrification strategy, will take charge of vehicle software at the carmaker’s core division in a new management ...
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Amazon enters the driverless race by backing Aurora
Reports in the Financial Times and Bloomberg say Amazon joined a second round funding for AV startup Aurora.