The Renault-Nissan Alliance is purchasing French software development firm, Sylpheo, to speed up the expansion of its connected vehicle and mobility services programs. The acquisition was announced by Ogi Redzic, Alliance senior vice ...
Tags: Renault-Nissan, Sylpheo, acquisition
Volkswagen is expanding its competence with respect to artificial intelligence (AI), not only with a view to using this key technology in the field of autonomous driving and in production, but also to accelerate corporate processes. To ...
Tags: Volkswagen, AI
Toyota Research Institute (TRI) will join forces with the Open Source Robotics Foundation (OSRF) and its newly-formed for profit subsidiary Open Source Robotics Corporation (OSRC) to expand the development of both open source and ...
The most efficient heavy-duty counterbalance forklift for warehouse and manufacturing applications to come from Crown Equipment has been launched in the Australian market. Helping the company deliver a more extensive counterbalance ...
Tags: heavy-duty forklift, FC 5200
The UK Government is investing £35m in an expanded automotive business zone in Whitley, near Coventry. The move is expectd to create about 3,000 engineering and advanced manufacturing jobs. The investment will also improve ...
Mondi, the international packaging and paper Group, will exhibit its full range of packaging and paper solutions at this year’s FachPack, the European trade fair taking place 27–29 September 2016 in Nuremberg, Germany. ...
Nexteer Automotive has opened its new World Headquarters in Auburn Hills, Michigan. The strategically located headquarters provides a strong platform for increased industry presence and expanded reach for skilled talent. To commemorate ...
Michelin Group has broken ground on a passenger-tire plant in Central Mexico. It is the company's 69th global facility. Michelin Group's CEO Jean-Dominique Senard said: "Our actions here today demonstrate our confidence in Mexico's ...
Volvo Cars and ride-hailing company Uber are joining forces for the development of next generation autonomous driving cars. As part of the deal, the companies will start a project that will develop new base vehicles, which can be ...
Tags: Volvo Cars, Uber, autonomous driving cars
Friedrichshafen. ZF Friedrichshafen AG has continued its good business development in the first half of 2016. In the first six months of 2016, sales increased to €17.8 billion and the adjusted operating profit (EBIT) rose to €1.1 ...
Tags: ZF, EBIT margin
Innoviz Technologies, an Israeli startup developing advanced sensors and systems enabling fully autonomous vehicles, has raised $9m in Series A financing round. Investors include Mr. Zohar Zisapel, Vertex Venture Capital, Magma Venture ...
Tags: Innoviz Technologies, optimal sensing, LiDAR
SEAT and Conector have joined forces to launch a specialised startup accelerator in the automotive industry and mobility. SEAT Accelerator by Conector will promote five startups in its initial acceleration programme, with offices in the ...
Robots are no longer the unyielding, one-task giants doing humans' dull and dangerous work. The new breed can perform more than one task and work alongside humans without being a physical threat. As a result, manufacturers across industries ...
Tags: Next-Gen Robots, Robots
Protean Electric announced that it received $70m in new funding from GO Scale Capital, Zhejiang VIE Science & Technology Co. Ltd., and Tianjin THSG Corporation. The investment follows Protean's announcement in May that the Company is ...
Tags: Protean Electric, in-wheel motors
South Korean electronics giant Samsung has acquired a 2% stake in Chinese electric vehicle maker BYD for $455m. This move is being seen as an attempt by the South Korean firm to foray into automotive industry. Many technology ...
Tags: Electric Vehicle, BYD, Samsung