Biometric Identification Market for ICE, EV & Autonomous Vehicles to be worth 21.72 Billion USD by 2022

The biometric identification market for automotive, by value, is projected to grow at a CAGR of 25.61% from 2017 to 2022, to reach USD 21.72 Billion by 2022. Factors such as rising focus on safety, security, and comfort and increase in sales of premium vehicles are projected to fuel the … Read the rest

Mercedes outlines 3-pronged approach to self-driving cars

The quest to make autonomous cars a reality is on, and how it will turn out is pretty fathomable. The future is limitless and this means, we could see a whole fleet of automated taxis that can possibly revolutionize the whole concept of public service. People could subscribe to … Read the rest

Self-driving car technology firm Oryx Vision raises $50 million

Oryx Vision, based out of Israel is developing object sensors for self-driving cars. On Tuesday, it announced that it had raised $50 million in a second funding round led by Third Point Ventures and Walden Riverwood Ventures (WRV).

Union Tech Ventures along side existing investors Bessemer Venture Partners, Maniv Mobility … Read the rest