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Ouster announces the launch of OS1 LIDAR and $27 million in Series A funding

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Ouster, a San Francisco-based developer of LIDAR technology emerged from stealth announcing the launch of the company’s new OS1 model LIDAR, and $27 million in Series A funding, led by Cox Enterprises. The OS1 represents a step-change in LIDAR sensing technology that is available on the market today, with marked …

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ARAI plans setting up the E-mobility Centre of Excellence

Electric-Vehicle-T'wire

Automotive Research Association of India has announced plans for setting up the E-mobility Centre of Excellence in Pune. According to reports, the center will have state-of-the-art facilities for development, evaluation, benchmarking, validation and certification testing of electric and hybrid electric vehicles, and related sub-systems and components. The E-mobility Centre of …

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BlackBerry and Qualcomm collaborate to develop and produce cutting-edge automotive platforms for the next gen connected vehicles

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BlackBerry and Qualcomm have announced a strategic collaboration to develop and produce cutting-edge automotive platforms for the next generation of connected vehicles. As a part of the non-exclusive relationship, the companies have agreed to optimize select Qualcomm Technologies’ hardware platforms with BlackBerry’s QNX software for use in virtual cockpit controllers …

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Ford and Alibaba to jointly explore solutions for sustainable mobility and identify new retail opportunities

ford-telematicswire

Ford and Alibaba Group have entered into an agreement to explore a strategic collaboration to jointly identify new opportunities to redefine consumer retail experiences and explore solutions for sustainable mobility. The ‘Letter of Intent’ was signed between the two companies at Alibaba’s headquarter in Hangzhou. Under the three-year agreement, both …

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Octo Telematics completes acquisition of the usage-based insurance assets of Willis Towers Watson

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Octo Telematics (Octo) has completed its acquisition of the usage-based insurance (UBI) assets of Willis Towers Watson announced on 11th October, 2017. This acquisition includes Willis Towers Watson’s market-leading DriveAbility solution and the DriveAbility Marketplace. Octo will form a strategic alliance with Willis Towers Watson, focusing on advancing UBI data …

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Digital payment for charging electric vehicles approved by the Govt of India

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The Electric car users in India will be able to pay digitally for charging of their electric vehicles as the government has accepted the recommendations of an expert committee. The government had set up Committee for Standardization of the Protocol for Charging Infrastructure. The committee has also recommended adopting uniform …

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Shared self-driving cars could cut demands for sedans in US to half by 2030

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According to study by KPMG, self-driving cars from ride hailing services could cut demand for sedans in US to half by 2030. The firm used cellphone data to map commuter travel in three large U.S. cities –namely Atlanta, Chicago, Los Angeles-San Diego– and came up with this conclusion. The researchers have …

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Mahindra is collaborating with Uber to explore the deployment of EVs on the Uber platform in several cities across India

everito-telematice wire

Mahindra & Mahindra Ltd., part of the US$ 19 billion Mahindra Group is collaborating with Uber, the global transportation technology company, to explore the deployment of electric vehicles (EVs) on the Uber platform in several cities across India. Earlier this year Mahindra also had entered into similar partnerships with Ola …

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Automotive microcontrollers market will reach US$ 1,600 Mn revenues by 2022

nxp-microcontroller

According to a report by  Transparency Market research automotive microcontrollers market will reach US$ 1,600 Mn revenues by 2022, globally. The report says the reason behind the surge in revenues that microcontrollers are now being adopted in infotainment systems, providing connectivity to vehicle network. Hybrid electric vehicles have witnessed a …

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