Japanese Truck Manufacturers Launch Development Joint Venture
The Japanese manufacturers Toyota, Hino and Isuzu want to establish a new joint venture on 1 April to promote so-called CASE technologies (Connected, Autonomous, Shared, Electric) in the commercial vehicle sector. Unsurprisingly, this also involves electric drive systems. Basically, the…
Ford Boosts Investment In Electric And Autonomous Vehicles To $29 Billion Through 2025
Ford Motor plans to invest $29 billion in electric and autonomous vehicles through 2025, the company announced when it reported better-than-expected fourth-quarter earnings. Wall Street was waiting to see Ford pour more money into the emerging technologies after General Motors…
Partnership Between EMG And BAIC BJEV To Jointly Develop Mapping Services For Autonomous Driving
Luokung Technology Corp. (“Luokung” or the “Company”), a leading interactive location-based services company in China, today announced that its previously announced acquisition candidate, eMapgo Technologies (Beijing) Co., Ltd. (“EMG”) and Beijing New Energy Automobile Co., Ltd. BAIC BluePark New Energy…
Samsung And Tesla Join Forces To Manufacture 5nm Chip Facilitate Autonomous Driving
For a while, Samsung had been taking steps to become the market leader in the chipset manufacturing space. Now, with the absence of Huawei in the market, Samsung has the opportunity and the space to fulfill its ambition. Last year,…
Microsoft (MSFT) Invests In Self-Driving Electric Car Venture
Microsoft Corporation (MSFT) has “entered a long-term strategic relationship” with General Motors Company (GM) and Cruise LLC, a company developing self-driving electric vehicles that is majority-owned by GM. Cruise CEO Dan Ammann stated: “Microsoft, as the gold standard in the…
Chinese Driverless Car Start-Up WeRide Raises $310 Million In Funding As Competition Heats Up
Chinese driverless car start-up WeRide has raised $310 million in a new round of funding as it pushes to commercialize its technology. Yutong Group, a Chinese company that manufactures commercial vehicles including electric buses, lead the funding round. A number…
NIO Partners With NVIDIA To Develop A New Generation Of Automated Driving Electric Vehicles
NIO, a pioneer in China’s premium smart electric vehicle market, and NVIDIA announced today that the automaker has selected the NVIDIA DRIVE Orin™ system-on-a-chip (SoC) for its new generation of electric vehicles, which will offer advanced automated driving capabilities. NIO…
Li Auto Inc. Announces The Adoption Of NVIDIA’s Next Generation Autonomous Driving Smart Chip Orin
Li Auto Inc., an innovator in China’s new energy vehicle market, announced a three-way strategic cooperation with NVIDIA Corporation, the world’s leading artificial intelligence computing company, and NVIDIA’s Chinese partner, Huizhou Desay SV Automotive. Through this strategic cooperation, Li Auto…
Musk Says Tesla Is ‘Very Close’ To Full Autonomous Driving
Tesla is “very close” to achieving level five autonomous driving, a 100 percent driverless technology, the company’s co-founder Elon Musk said in remarks made via a video message at the opening of Shanghai’s annual World Artificial Intelligence Conference. “I’m extremely…
