AI-Powered Computer Vision Perception Developer StradVision Closes on $88 Million Series C Funding Round
StradVision, a developer of AI-powered computer vision perception systems for autonomous vehicles and advanced driver assist systems (ADAS), announced today it closed on its latest Series C funding round of $88 million. The latest round brings StradVision’s total funding to $129 million. The company says it's accelerating the deployment of fully autonomous vehicles by providing automakers with powerful perception technology at a fraction of the cost of its competitors.
Eric Walz2022-09-15 15:00 PT
Motional Kicks off its Robot Food Delivery Pilot With Uber Eats in Southern California
Hyundai’s autonomous driving technology unit Motional has officially kicked off its delivery pilot with Uber Eats in Southern California. Beginning today, Some Uber Eats orders placed in Santa Monica will be delivered using Hyundai Ioniq 5 electric SUVs outfitted with autonomous driving by Motional.
FutureCar Staff 2022-06-22 10:30 PT
Porsche Suspending Production of the Electric Taycan Sedan at its Stuttgart-Zuffenhausen Plant Due to Component Shortages
Volkswagen subsidiary Porsche AG, says its will temporarily suspend production of the electric Taycan at its Stuttgart-Zuffenhausen Plant until the end of next week, the company said in a statement, citing a lack of components. German automakers Volkswagen, BMW and Porsche have been struggling to source much-needed wiring harnesses for their vehicles as suppliers in western Ukraine have been shuttered by the Russian invasion.
FutureCar Staff 2022-04-15 12:05 PT
Hyundai’s Self-Driving Arm Motional Releases the World’s Largest Open Data Set For Autonomous Vehicle Path Planning
Autonomous driving joint venture Motional, which was formed by Hyundai Motor Group and Aptiv to develop autonomous driving technology for the automaker as well as ride-hailing company Lyft, announced the launch of the initial version of a new open dataset called “nuPlan”, which the company says is the world’s largest public dataset for autonomous vehicle prediction and planning.
Eric Walz2022-01-16 10:00 PT
Motional and Lyft Choose Las Vegas for 2023 Robotaxi Launch
The joint venture between Aptiv and Hyundai has announced plans to launch its first autonomous robotaxi service in Las Vegas in 2023.
Vineeth Joel Patel2021-12-20 16:00 PT
Lyft & Hyundai’s Joint Venture Motional to Launch a Fully Driverless Ride-Hailing Service in Major U.S. Cities
California ride hailing company Lyft is teaming up with Boston-based Motional on an autonomous ride-hailing service in major cities across the U.S., the companies announced on Wednesday. Motional’s self-driving vehicles will be integrated, operationalized and deployed on the Lyft network. The services will launch in 2023.
FutureCar Staff 2021-01-22 11:30 PT
Hyundai Motor Group and Aptiv Rename Their Autonomous Driving Joint Venture ‘Motional’
The joint venture between Hyundai Motor Co and self-driving technology developer Aptiv has a new name—”Motional.” The goal of Motional is to combine Hyundai’s expertise in design, engineering, and vehicle manufacturing with Aptiv’s autonomous driving expertise to commercialize a SAE Level 4 and 5 self-driving platform for robotaxi providers, fleet operators and automakers.
Eric Walz2020-09-18 09:00 PT
Automotive Component Supplier BorgWarner to Buy Delphi Technologies for $1.5 Billion
Global automotive supplier BorgWarner Inc. announced announced that they have entered into a definitive transaction agreement under which it will acquire rival Delphi Technologies in an all-stock transaction for $1.5 billion. The transaction of the two major auto suppliers represents one of the biggest mergers in the automotive industry in recent years.
Eric Walz2020-03-05 11:55 PT
Hyundai & Aptiv Form $4B Autonomous Driving Joint Venture
Hyundai Motor Group and automotive technology company Aptiv announced today that they will form an autonomous driving joint venture. The new joint venture is the latest partnership between an automaker and a tech company, as automakers race to develop self-driving vehicles and other mobility services.
Eric Walz2019-10-30 11:30 PT
Lyft, Aptiv Pass 50,000-Trip Mark With Autonomous Vehicles
The companies have reached another major milestone since starting the self-driving program at last year’s Consumer Electronics Show.
Vineeth Joel Patel2019-07-12 05:00 PT
LG Develops ‘Invisible' Speaker Sound Technology That Could Revolutionize In-Vehicle Audio
Eric WalzDec 28, 2022 10:45 AM PT
Toyota's Redesigned Prius May Get More Drivers Behind the Wheel of a Hybrid Vehicle
FutureCar Staff Dec 25, 2022 12:50 PM PT
Researchers at South Korea's Chung-Ang University Develop a ‘Meta-Reinforcement' Machine Learning Algorithm for Traffic Lights to Improve Vehicle Throughput
Eric WalzDec 22, 2022 2:30 PM PT