Israel-based startup UVeye announced today it raised an additional $31 million in funding, led by Toyota Tsusho, the trading arm of the Toyota Group, Volvo Cars and W. R. Berkley Corporation. The company developed a unique AI-based computer vision solution for vehicle inspections, including inspections of autonomous and ride-sharing vehicles.
Eric Walz2019-07-22 13:15 PT
Lidar startup Luminar Technologies announced a new $100 million investment and unveiled its new lidar platform called “Iris” for the automotive and commercial truck markets. Iris is a automotive grade low cost lidar solution designed specifically for high-volume production.
Eric Walz2019-07-15 13:00 PT
Electric performance car brand Polestar announced that its Polestar 1 electric car, its first ever model, is entering its final prototype state before heading to production.
FutureCar Staff 2019-06-05 12:31 PT
The Hertz Corporation, one of the world's largest car rental companies and the second biggest U.S., is launching a new vehicle-subscription service. The service is called “Hertz My Car” and will be initially available to drivers in Atlanta, Georgia and Austin Texas.
Eric Walz2019-06-04 11:51 PT
Polestar, the luxury electric brand of China’s Geely and parent company of Volvo, has launched an interactive website allowing users to preview its new Android-based infotainment system in the upcoming Polestar 2 electric vehicle.
Eric Walz2019-01-23 12:39 PT
Polestar, the new electric luxury brand of China's Geely, which is the parent company of the Volvo Car Group, revealed the first glimpse of its new electric car, the Polestar 2. The Polestar 2 is set to become serious competitor to Tesla’s Model 3 sedan. Volvo only released a teaser photo and a full reveal is expected in the coming weeks.
FutureCar Staff 2019-01-04 15:56 PT
German automaker Volkswagen is buying a controlling stake in Volvo’s WirelessCar, a digital service developer specializing in connected vehicle services.
FutureCar Staff 2018-12-19 11:26 PT
Volvo’s new electric brand Polestar will offer one of the first models with Google’s Android operating system embedded in the vehicle. Volvo’s Senior Vice President Research & Development Henrik Green made the announcement this week at the Los Angeles Auto Show.
FutureCar Staff 2018-11-30 18:22 PT
At a event in New York, Polestar Performance AB announced details of how it will sell and market its electric vehicles—the Polestar 1 and Polestar 2. Polestar is the new performance luxury electric brand of Volvo Cars, wholly owned by China’s Zhejiang Geely Holding Group Co.
FutureCar Staff 2018-09-20 18:50 PT
Geely reported a 54 percent jump in net income for the six months through June. The company said in a filing Wednesday that its vehicle sales this year will beat its target of 1.58 million units. During this time, Geely overtook Japanese automakers Nissan, Honda and Toyota. The Hangzhou-based company is China’s number one private automaker after Great Wall Motors.
Paul Young2018-08-22 12:29 PT
After fatally striking a pedestrian in March with one of its self-driving Volvos, Uber hopes to move forward and has announced a fresh set of safety initiatives to prevent another tragedy like the one in Arizona from ever happening again.
Eric Walz2018-07-24 16:59 PT
The NTSB released its preliminary findings in the investigation involving a self-driving Uber that fatally struck a pedestrian in Tempe, Arizona road in March. The initial findings indicate that the vehicle was not programmed to stop.
Eric Walz2018-05-24 12:33 PT
After being involved in the industry’s first fatality involving a self-driving vehicle, Uber is permanently shutting down its autonomous testing operations in Arizona. The company will instead focus on testing in Pittsburgh and San Francisco.
Eric Walz2018-05-23 15:26 PT
Amazon Prime customers in the U.K. can order a Volvo V40 and have it delivered right to their door for a 45 minute test drive.
Derrick Smith2018-05-22 17:07 PT
Coinciding with Google’s annual I/O Developers Conference which started today in Silicon Valley, Volvo Cars announced it is working with Google to embed the voice-controlled Google Assistant, Google Play Store, Google Maps and other Google services into its next-generation Sensus infotainment system, which is based on Google’s Android operating system.
Jacky Ho2018-05-08 17:40 PT
Volvo Trucks is introducing a new cloud-based service called Connected Safety, which allows Volvo trucks and Volvo cars to automatically alert each other to hazardous traffic situations, such as a traffic incident further down the road.
Eric Walz2018-05-08 11:11 PT
Amazon, the world’s largest online retailer is launching a delivery option called ‘Amazon Key In-Car’, which turns the trunk of your car into a mobile mailbox, so you can receive your Amazon deliveries when away from home.
Jeremy Carlton2018-04-24 10:48 PT
Daimler, Audi and Volvo have become the first automakers to add Alibaba’s smart voice assistant Tmall Genie to the range of smart devices compatible with their connected car apps.
Eric Walz2018-04-23 17:54 PT
BMW touts its vehicles as “the ultimate driving machine” and now the company hopes to become the ultimate car subscription provider as well. BMW officially launched today its car subscription service at a dealership in Nashville, Tenn.
Eric Walz2018-04-04 16:15 PT
Speaking to the Associated Press at the North American International Auto Show in Detroit, Uber’s Advanced Technology Group leader Eric Meyhofer said that Uber plans to carry passengers in autonomous vehicles without human backup drivers in about the same time frame as its competitors, which is sometime next year.
Eric Walz2018-01-18 11:02 PT
FutureCar Staff Aug 15, 2019 4:13 PM PT
Eric WalzAug 15, 2019 12:45 PM PT
FutureCar Staff Aug 14, 2019 5:30 PM PT
Eric WalzAug 14, 2019 5:30 AM PT