BMW and Mobileye have agreed to crowd-source high definition (HD) maps for self-driving as part of efforts to make autonomous driving reality. Under the deal, Mobileye’s Road Experience Management (REM) data generation technology ...
Tags: BMW, Mobileye, Self-Driving
Trillium, which aims to close the cyber-security gap threatening self-driving cars, has completed its Series A financing round with investments by Global Brain, Mizuho Capital and DBJ Capital. Tokyo-based Trillium designs and provides ...
Tags: Trillium, Driverless Car Security
Daimler and Uber have entered into an agreement with an intent to cooperate on the supply and operation of autonomous vehicles. Under the terms of the cooperation Daimler plans to introduce self-driving vehicles also on Uber’s ...
Tags: Daimler, Self-Driving Vehicles
Hyundai Motor has unveiled its plans for advanced connected car technology at the Consumer Electronics Show (CES) in Las Vegas. The interactive experience featured at the Hyundai Motor booth demonstrates how the ‘hyper-connected ...
Tags: Hyundai Motor, Connected Car
Volvo Cars and Autoliv have signed a final agreement to set up a new joint venture (JV) for the development of software for autonomous driving and driver assistance systems. The deal is based on the letter of intent announced during fall ...
Tags: Volvo Cars, Autoliv
BMW is establishing a new facility to develop connected and automated driving tech in Unterschleissheim, near Munich, Germany. The BMW iNEXT is scheduled for release in 2021 – self-driving, electric and fully connected. A whole ...
Tags: BMW, automated driving tech
Chinese mapping company NavInfo and internet services group Tencent, along with Singapore wealth fund GIC have announced plans to acquire 10% stake in HERE. HERE is a German-based open location platform company owned by automotive majors ...
Hyundai Motor is accelerating development of its advanced ccOS (connected car Operating System), the core platform technology for its future connected cars. The highly sophisticated software will optimize the high-speed transmission and ...
Tags: Hyundai Motor, Connected Car
GAC Motor has released the first concept car EnLight at the 14th China (Guangzhou) International Automobile Exhibition. EnLight is an unprecedented smart electric supercar that applies the latest cutting-edge technologies, most futuristic ...
Tags: GAC Motor, Electric Concept Car
BMW is planning to invest up to €500m on new car technologies over the next 10 years via its i Ventures division. The automaker will use the money to back startups working on areas including autonomous driving and digitalisation, and ...
Tags: BMW, BMW i Ventures
Volkswagen has unveiled its Transform 2025+ strategy, further detailing the company's plans for the decade ahead. This plan aims to reduce the capex ratio and the development cost ratio to a competitive level in the next few years – ...
Tags: Volkswagen, Electric Car
In September, reports surfaced that Apple was in talks with car-maker McLaren concerning a possible takeover of the company by Tim Cook and co. It was also claimed that Apple was considering investing in the British supercar company if a ...
Mazda Motor said it sold a record 775,000 vehicles in the first half of its 2016-17 fiscal year, slightly more than the previous record set last year. Europe contributed 123,000 units, up 12% year-on-year thanks above all to robust sales ...
Tags: Mazda, Mazda Motor
Savari has signed an agreement with SAIC USA, a subsidiary of Chinese automaker SAIC Motors, to manufacture and distribute its V2X communications solutions in the Greater China and selected ASEAN countries. With this partnership, the ...
ZF has established a company to invest in technology companies. Zukunft Ventures GmbH, headquartered in Friedrichshafen, opened its doors for business in September 2016. The new company’s mission is to identify and invest in companies ...
Tags: Zukunft Ventures