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Toyota, DENSO and SVF to invest US$1 billion in Uber ATG

Uber ATG

The investment aims to expedite the deployment of automated ride-sharing services Toyota Motor Corp., DENSO Corporation and the SoftBank Vision Fund (SVF) have announced an investment of US$1 billion in Uber’s Advanced Technologies Group (Uber ATG). Under the terms, Toyota and DENSO will together invest US$667 million and SVF will …

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DuPont unveils electric and hybrid vehicle solutions at Auto Shanghai 2019

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DuPont’s polymers can replace metals used in EVs to meet challenges facing increased EV adoption DuPont Transportation & Advanced Polymers (T&AP) has introduced a series of applications from its innovative electric and hybrid vehicle solutions portfolio during Auto Shanghai 2019. The anticipated release of practical applications is the first since …

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BMW signs agreement with DXC Technology to accelerate driverless car development

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DXC Technology will provide the expertise to help BMW develop self-driving vehicles DXC Technology has signed an agreement to support BMW’s autonomous vehicle development via the High Performance D3 platform. DXC provides services that help deliver and simplify data analysis and algorithmic training to reduce the time and cost to …

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Daimler Trucks to acquire majority stake in Torc Robotics

Daimler Trucks erwirbt Mehrheitsanteil von Torc Robotics und schafft einzigartigen Technologieführer für automatisierte LkwDaimler Trucks agrees to acquire majority stake in Torc Robotics to create technology powerhouse for automated trucks

Daimler and Torc will develop autonomous trucks together Daimler Trucks and Torc Robotics are joining forces in a one-of-a-kind combination to commercialise highly automated trucks (SAE Level 4) on US roads. Going beyond an OEM/supplier relationship, the companies signed an agreement for Daimler AG’s subsidiary Daimler Trucks and Buses Holding, …

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ZF acquires mobility provider 2getthere

ZF

ZF Friedrichshafen has acquired a 60% share of 2getthere 2getthere offers complete automated transport systems and is located in Utrecht, Netherlands, with offices in San Francisco, Dubai and Singapore. Applications range from driverless electric transport systems at airports, business and theme parks to dedicated urban transport infrastructures. “2getthere has more …

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Air Liquide invests in production of decarbonated hydrogen by electrolysis

Electrans 28012019

Decarbonated hydrogen is produced from renewable energy sources Air Liquide announces that it acquired an 18.6% stake in the capital of the Canadian company Hydrogenics Corporation, a leader in electrolysis hydrogen production equipment and fuel cells. This strategic transaction, which represents an investment of US$20.5 million, enables the group to …

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Mcity test concept would assess driverless vehicle safety before they take on public roads

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Mcity will create a track to test autonomous vehicles before using them in real world situations Mcity at the University of Michigan has outlined a test track-based concept for evaluating the safety of highly automated vehicles before they’re tested on public roads that could emerge as a model for a …

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Volvo Group Venture Capital invests in wireless electric charging

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Volvo Group Venture Capital will invest in Momentum Dynamics’ wireless charging technology Volvo Group Venture Capital AB, a subsidiary of the Volvo Group, has announced an investment in Momentum Dynamics – a leading company in high power wireless charging of electric vehicles. Momentum Dynamics is a Philadelphia-based company developing and …

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