In a statement lidar sensor maker Innovusion said, it had raised $64 million to ramp up production and supply Chinese electric vehicle (EV) maker Nio Inc’s ET7 sedan, which is scheduled to start deliveries in early 2022. The funding includes new investments from Singapore state investor Temasek and venture capital firm Joy Capital. Existing investors also…
In a joint statement, Japanese carmaker Subaru Corp and chip maker Xilinx Inc said, the Japanese automaker will use Xilinx’s chip to power a new driver-assistance system which will enable drivers to go hands-free during traffic jams, among other new features. Subaru’s upcoming midsized hatchback Levorg will use Xilinx’s “Zynq” chips to provide a new…
On Tuesday, in a statement Sony Corp said, it would commence the testing of self-driving cars later this year as it prepares to beef up its sensing and safety technologies. Sony disclosure comes at a time when it has unveiled its electric concept car which is embeded with 33 sensors, including solid state light detection…
On Thursday, German automotive supplier Robert Bosch stated, it has developed a sensor that allows cars to “see” the road in three-dimensions. The development could potentially lower the cost of technology and speed up the development of self-driving vehicles. In a statement, privately-held Bosch said, its internally-developed lidar sensor, which it will showcase at the…
Although Uber did not give any reason for Jones’ exit from the company, the fact that he quit before seven months is telling. Uber Technologies took a major hit with its president Jeff Jones leaving the company for greener pastures. Jones was a key figure since being a marketing expert, he was hired to help…
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