Startups & Venturing – Page 4
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ArticleDENSO takes stake in On The Road to accelerate IoT for mobility services
Denso is paying 160 million yen for a 15% stake in On the Road (Image: Denso)DENSO Corporation has taken an equity stake in On The Road Co. Ltd., with a view to accelerating development of technologies for Mobility as a Service (MaaS). Its investment of around 160 million yen ...
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ArticleLocal Motors partners with Robotic Research to optimize development and production
Local Motors designed the Olli autonomous shuttle bus to be 3D printed [Image: Local Motors]Local Motors is partnering with Robotic Research, best-known for its work for the US Departments of Defense and Homeland Security, to further develop Olli, its autonomous-driving shuttle bus. They will collaborate on integrating new sensor ...
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ArticleBMW i Ventures invests in Mapillary for HD maps and open-source imagery
Swedish start-up Mapillary has built a sharing platform for imagery, map dataBMW’s i Ventures spin-off has invested in Swedish HD mapping provider Mapillary, which has developed a platform utilizing user-generated street-level imagery to produce map data at scale.Images can be uploaded by any device, and data from a range ...
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ArticleViaVan ridesharing launched in London, European roll-out continues
ViaVan is a joint venture between Mercedes and US tech start-up Via (Photo: Daimler)ViaVan, a joint venture between Mercedes-Benz Vans and US tech start-up Via, has gone into operation in the center of London following its European launch a few weeks earlier in Amsterdam.New York-based Via has developed the ...
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ArticleUS Toyota, Lexus models will have DSRC connectivity from 2021
Car-to-car communication is designed to prevent traffic accidents (Illustration: Infineon)Toyota and Lexus will use Dedicated Short-Range Communications (DSRC) systems to connect cars in the US, starting with the 2021 model year.The goal is to adopt the car-to-car communication protocol across most of the brands' models by the mid-2020s.Toyota said ...
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ArticleAt big industry show, motto is "Connect & Collaborate"
The Hannover Industrial Fair opens April 23 (Photo: Shutterstock) Traditional boundaries between industries are breaking down, productivity is rising and new business models are popping up like mushrooms. This month, Hannover Messe will lend its weight to this trend and examine the next levels of Industry 4.0. In ...
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ArticleMagna to develop EV architecture for China with BAIC
In 2017, Magna sponsored engineering students participating in an EV racing event (Photo: Magna)Magna International will develop a next-generation smart electric vehicle architecture together with China's Beijing Automotive Industry Holding (BAIC).The Canadian automotive supplier said the architecture will specifically be for the Chinese market, where 700,000 electrified vehicles were ...
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ArticleBosch opens new Sunnyvale research center
Bosch's new Sunnyvale research center can accommodate up to 300 people (Photo: Bosch)Robert Bosch has opened a new 104,000 square-foot Research and Technology Center (RTC) in Sunnyvale, California, in a move to further strengthen the German automotive supplier group's ties with the regional high-tech industry.Bosch said the 40 million ...
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ArticleNeumann, former Opel CEO, invests in mobility start-up
door2door's allygator shuttle addresses the so-called "last mile" issue (Photo: door2door)Karl-Thomas Neumann, former CEO of Opel, is investing in mobility start-up door2door. Neumann will also join the board of the directors of the German ride sharing-technology specialist.Neumann headed Opel from 2014 until 2017, when General Motors sold the carmaker ...
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ArticleVW CIO cites big potential of artificial intelligence for car industry
VW CIO Hofmann says AI "will make completely new things possible"BERLIN --The auto industry, with its growing complexity, offers "nearly perfect conditions for applied artificial intelligence," VW Group CIO Martin Hofmann said Thursday.The German carmaker, is involved with various projects all aimed at implementing new AI Technologies. These should ...
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ArticleSchaeffler opens Silicon Valley office
Schaeffler has opened an office in Silicon Valley, hoping to foster tighter relationships with the regional high-tech industry as the auto industry changes.The large German automotive supplier said the San Jose office will work with start-ups and other technology partners to improve existing products and define and develop new tools ...
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ArticleDaimler teams up with Google in quantum computing
A quantum computing chip developed by Google (Photo: Daimler) Daimler struck a research alliance with Google to look into the potential of quantum computing to solve complex mobility problems. The German premium car group said current generations of computers and server systems are reaching capacity limits and a ...
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ArticleCox Automotive launches connected retail platform
The Accelerate platform can be accessed from a smartphone (Photo: Cox Automotive)Cox Automotive has launched a new connected retail platform that offers a set of online tools to improve the car buying process.The US car retailer said the platform, which is called Accelerate, will make car buying faster, easier ...
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ArticleZF introduces asset-tracking software
ZF says Asset Tracking will help logistics companies better monitor goods (Photo: ZF)ZF Friedrichshafen unveiled a new software that flexibly monitors internal and external logistics processes.The product, which is called Asset Tracking, is part of the German automotive supplier’s Openmatics connectivity platform.Asset Tracking allows car manufacturers, fleet operators and ...
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ArticleWave of AV litigation seen to be more about talent than tech
Faraday Future showed a flashy prototype at the 2016 CES in Las Vegas (Photo: Bongard)The autonomous vehicle space is seeing its first wave of litigation as players in a crowded field fight over technology, money and, above all, talent. In each case, a senior employee who has led a ...
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ArticleAt Toyota, a new software development unit for automated driving
Toyota's e-Palette, unveiled at CES 2018, is a concept for a multi-functional autonomous vehicle (Photo: Toyota)Toyota Motor, in a new venture, will step up its development efforts in the area of software for automated driving.The Japanese automaker said its Toyota Research Institute will form a new company later this ...
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FeatureInfineon, SAIC jointly tackle Chinese EV market
SAIC last year launched the Roewe ERX5, an electric SUV with a broad range of connected features (Photo: SAIC)Infineon and SAIC Motor Corp. will jointly develop power modules for Chinese electric vehicles, giving the German semiconductor group a stronger foothold in the world’s biggest auto market.Infineon said SAIC, one ...
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ArticleBMW to use Aras open-source PLM platform
BMW will initially use the Aras platform for safety testing (Photo: Shutterstock.com)BMW will use the Aras PLM platform as its backbone for test data management, the open-source product lifecycle management specialist said in a press release.The Aras software "will support planning, scheduling, execution, and documentation of vehicle tests, and ...
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ArticleCapgemini study: Big data in demand for new business models
CIOs worry about staff shortages in key areas such as big data, cyber security (Photo: Microsoft)Big data technologies are increasingly in demand when companies develop digital business models, according to a new poll by consultants Capgemini.The poll also found that cyber security has become an even bigger priority for ...
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ArticleDriverless-car start-up Aurora raises 90 million dlrs
Aurora delivers a suite of autonomous driving technologies to automakers (Photo: Aurora)Autonomous-vehicle technology start-up Aurora raised 90 million dollars in a financing round led by two venture capital companies, Greylock Partners and Index Ventures.Aurora was co-founded by Chris Urmson, the former Google executive who spearheaded that company’s autonomous car ...
