German automotive supplier Robert Bosch develops affordable mass market Lidar technology

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…

Japan’s Isuzu Motors likely to enter into alliance with Sweden’s Volvo AB

On Wednesday, Japanese truck maker Isuzu Motors disclosed, it plans on tieing up with Sweden’s Volvo AB, in order to deepen its grip on next-generation technologies including electrification and autonomous driving, Japan’s Yomiuri newspaper reported that Isuzu would be holding a news conference at 0600 GMT in Tokyo on an “alliance” without elaborating.

Toyota plans on releasing self-driving level 2 vehicles in 2020

In a statement, Toyota Motor Corp disclosed, its automated driving R&D unit plans on deploying advanced self-driving capabilities in mobility service vehicles before it does so in personal-use vehicles. “‘Level 4’ (driving capabilities) is really what we’re striving for to first appear in mobility as a service,” said James Kuffner, CEO of Toyota Research Institute-Advanced…

Porsche invests undisclosed amount in TriEye

TriEye’s cameras, which uses short-wave-infra-red sensing technology, can see at night as well as in adverse weather conditions. Israeli startup TriEye, which has developed short-wave-infra-red sensing technology which enables cars to see in night time as well as in adverse weather conditions, has attracted $19 million in its latest funding round, which also saw the…

U.S. postal service to use self-driving trucks in a landmark pilot project

The implications of this pilot project has manifold benefits. It will not only lower operating costs but also improve delivery time and significantly reduce the problem of driver shortages. On Tuesday, in a development that marks a significant milestone in efforts to commercialize autonomous vehicle technology for hauling freight, the U.S. Postal Service stated, it…

Inventory pileup adds pressure on German chipmaker Infineon Technologies AG’s margins

Given that Infineon’s high-performance power chips have an ubiquitous usage, the chipmaker has a bright future despite small road bumps. On Tuesday, German chipmaker Infineon Technologies AG stated, a slump in demand which had led to increased inventory levels is likely to plateau only this summer; this means that till then its profit margins will…