Technology
car&bike Team
Mar 1, 2022, 2:38 AM
The consortium, which includes private equity firms SJL Partners and BNW Investment, invested $33 million in Nexeon last November.
1 Min
car&bike Team | Mar 1, 2022Tech Alliances Firm Up In The Self-Driving Car WarsThree chip firms - Intel Corp's Mobileye, Qualcomm Inc and Nvidia Corp - have emerged from a raft of announcements at the Consumer Electronics Show in Las Vegas as the leaders in locking down the brains of self-driving cars for the next decade.1 min read
car&bike Team | Mar 1, 2022Germany Clears Mercedes-Benz's Hands-Free Drive SystemThe automated system allows the driver to focus on other activities while a car equipped with the technology is in heavy traffic or on congested highways, Mercedes-Benz said in a statement.1 min read
car&bike Team | Mar 1, 2022Self-Driving Truck Company Aurora Launches Pilot With Uber FreightAurora said it began autonomously transporting loads for Uber Freight customers between Dallas and Houston.1 min read
Reuters | Mar 1, 2022Self-Driving Startup Robotics Research Raises $228 Million In FundingThe fundraising round also included an investment from Luminar Technologies, which makes lidar sensors used in self-driving cars.1 min read
car&bike Team | Mar 1, 2022Battery Maker Northvolt And Galp Energia Form JV To Build Lithium PlantNorthvolt will build a lithium processing plant with Portugal's Galp Energia with investments estimated at around 700 million euros ($789.6 million), as demand grows for lithium-ion batteries to power electric vehicles.1 min read
Reuters | Mar 1, 2022German Mobility Startup Vay Raises $95 MillionVay raised $95 million from investors such as Kinnevik, Coatue and Eurazeo, as it planned to launch its first car-rental service in Hamburg next year.1 min read
Reuters | Mar 1, 2022BYD And Momenta Establish Joint Venture For Autonomous Driving TechnologyThe new venture, called DiPi Intelligent Mobility Co and located in Shenzhen, combines BYD's capabilities as an automaker with Momenta's experience in intelligent driving.1 min read
Reuters | Mar 1, 2022Robotaxi Race Opens Up As Top Contender Waymo In Low gear In ArizonaCompanies including Ford Motor Co's Argo AI and General Motors Co's Cruise are competing for the billions of dollars in financing needed to automate driving through artificial intelligence software and expensive sensors.1 min read
