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Market Activities

Continental joins the Autonomous Driving Platform formed by BMW Group, Intel and Mobileye as System Integrator

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Continental has joined the Autonomous Driving Platform formed by BMW Group, Intel, and Mobileye as System Integrator. The alliance aims to establish a new cooperation model for highly and fully automated driving that would provide scalable solutions for the entire automotive industry worldwide. As a system integrator, Continental aspires to …

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TrueMotion joins the LexisNexis Telematics Exchange

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LexisNexis Risk Solutions and TrueMotion have announced a new alliance providing insurers greater flexibility and consumer-focused UBI programs. Through this alliance, TrueMotion is joining the LexisNexis Telematics Exchange, which will allow insurance carriers who opt-in to take advantage of data from the industry and OEMs, make better decisions faster, and …

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Survey studies consumer desire for In-Vehicle Technology, and willingness to pay for it

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A new global survey on consumer preferences for automotive technology finds more consumers desire advanced technology in their next new vehicle. However, their willingness to pay for technology demonstrates a wide variety of viewpoints from consumers across leading global markets, says the survey from business information provider IHS Markit. More …

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Revenues from consumer connected car services will rise from $18.4bn in 2017 to $49.2bn in 2022

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A new report from Juniper Research Consumer Connected Cars: Applications, Telematics & V2V 2017-2022 have has made few important points which are as follows: By 2022, 50% of consumer vehicles on the road will have at least one connectivity service, such as telematics, V2X (vehicle-to-everything) communications, or connected car commerce …

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China’s automobile industry forms strategic alliance, to accelerate R&D in the field of intelligent and connected vehicles

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China Daily has reported that China’s automobile industry has formed a strategic alliance, in order to accelerate research and development in the field of intelligent and connected vehicles, while the government frames national guidelines. The alliance is being led by the Society of Automotive Engineers of China and the China …

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Toyota and LINE sign MoU, to link AI platform Clova with SDL

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LINE Corporation and Toyota Motor Corporation have signed a Memorandum of Understanding (MOU) to explore the business opportunities in utilizing LINE’s cloud AI platform Clova and the SmartDeviceLink (SDL), a technology standard that connects automobiles with smartphone and tablet apps. Clova is being developed by LINE, one of Asia’s leading …

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Trimble acquires ISE, expanding its fleet safety and compliance solutions

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Trimble has acquired privately-held Innovative Software Engineering (ISE), an engineering and systems integration firm that delivers end-to-end Internet of Things (IoT) and telematics solutions, enterprise mobility applications and tailored software solutions headquartered in Coralville, Iowa. The acquisition expands Trimble’s fleet safety and compliance solutions and allows Trimble to offer electronic …

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JLR invests $25 million in Lyft

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Lyft announced that Jaguar Land Rover is making a $25 million investment through its mobility services arm, InMotion Ventures. The company has said that it will use the cash influx to support further expansion in the U.S. as well as fund development of self-driving technology. Moreover, Lyft will also get …

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Delphi and Transdev to develop on-demand shuttle service in Europe

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Delphi Automotive has entered into a commercial patnership with Transdev Group to develop an automated on-demand shuttle service in Europe. Transdev is a public transport service controlled by the French government. The fully automated, mobility-on-demand (AMoD) transport system will utilize Transdev Universal Routing Engine (URE) and Delphi’s previously announced automated …

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Hyundai and Baidu to work together for developing connected cars

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Hyundai Motor will collaborate with Baidu for developing connected cars, as per reports. As China has been emerging as a strategically very important market for the auto industry and all the automakers heading towards it, Hyundai’s deal with China’s internet giant can be seen in this line. To begin with, …

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