In a Series C funding campaign led by Osram and other strategic partners including Delphi, Magneti Marelli and Integrated Device Technology, LeddarTech Inc.—a Canadian company has raised $101 million to develop Solid state LiDAR for autonomous cars.
The company managed to raise the largest capital till date, in the … Read the rest
In a move that would perhaps risk it all for Mazda, the Japanese car maker recently revealed that, their future product plans had nothing; that would encourage drivers to take their hands off the wheel. Although it did reveal details about a certain new automated-drive technology called Mazda Co-Pilot, … Read the rest
Realizing that the future is Autonomous along side other its other benefits, Tech giants – Ericsson announced its partnership with automotive software developer Zenuity to develop an end-to-end cloud platform for autonomous cars. Zenuity is a German based automotive software joint venture between Autoliv and carmaker Volvo.
Initially Ericsson and … Read the rest
As Tesla Inc. goes about checking every single objectives of its, the company seems to have built a real reputation and a brand image for itself. Telsa cars are now undoubtedly rated to be up there with the best. This is no mere coincidence as, a lot of effort and … Read the rest
With the world moving towards the reality of an autonomous future, Israeli Tech Company – Mobileye wants to play a certain part in this mission too. With such a vision in mind, the company is wanting to test solutions which assist drivers and in the future enable self-driving on Estonian … Read the rest
In a Series A funding led by the Cambridge Innovation Capital, Prowler.io has raised £10M to help artificial intelligence (AI) make better decisions. Prowler.io is a Cambridge based organization, that has developed a platform that enables users to observe and predict the way agents – such as vehicles, drones, robots, … Read the rest
While most companies are focused on the core concept of developing autonomous cars, a few others seem to be exploring the opportunities with its counterpart i.e, The Taxi Services. One such company is a British Startup- FiveAI who have raised close to $18 million, in a series A round of … Read the rest
Jaguar has revealed a vision of tomorrow where autonomous vehicles have a removable steering wheel that acts as a personal assistant, just like a mobile phone. The British car maker showcased its new artificial-intelligence based steering wheel- Sayer, which can be featured in self-driven cars.
Once connected to the vehicle, … Read the rest
Detroit-based law firm Honigman Miller Schwartz and Cohn LLP recently launched a formal practice group focusing on the rapidly growing autonomous vehicle industry. The firm, which maintains offices in Grand Rapids, Kalamazoo and Lansing, recently hired Steve Wernikoff to co-chair the practice with Tom Appledorn, a partner in the firm’s … Read the rest
Using data from the IHS, Morgan Stanley projects that Tesla’s Model 3 and Model Y alone could represent roughly half of the Global EV market by 2020. The report furnishes details regarding the progression of EVs, over the last few years and also makes projections regarding the future growth of … Read the rest