The Organization of the Petroleum Exporting Countries, Opec, and big oil companies around the world are looking at the growing popularity of electric cars anew, and revising their forecasts, according to a new report by Bloomberg New Energy Finance.
The prospect of a massive trend that shows consumers turning away from petrol-driven vehicles would have huge implications for the oil industry.
Autonomous vehicle technology company Nauto, which is developing an artificial intelligence and data platform for self-driving technology, has closed a $159 million Series B financing round, led by a SoftBank subsidiary, and Greylock Partners.
Other participants include previous strategic investors BMW iVentures, General Motors Ventures, Toyota AI Ventures and the venture unit of global financial services and insurance provider Allianz Group, and Series A investors Playground Global and Draper Nexus.
A company called Dekra will take over the Lausitzring race track on November 1, 2017, and turn it into an autonomous vehicle testing ground.
Together with the Dekra Technology Center, in immediate proximity to the race track in Klettwitz, Brandenburg, since 2003, the site will be made into the innovation center for the testing of the mobility of the future.
The market for electric cars in China is huge already and it’s growing at almost an exponential rate annually.
Commentators in the country include electric cars in the category called “new energy vehicles”, which also refers to hybrid energy vehicles, and are saying the market will be further accelerated as a result of government backing.
Autonomous electric vehicle maker Navya is set to open its first US production plant. Michigan Economic Development Corporation and Ann Arbor Spark are to collaborate with Navya on site selection and talent recruitment.
In a joint statement, Navya, MEDC and Ann Arbor Spark said the Michigan plant will be located in the city of Saline, Michigan with a 20,000+ sq ft facility.
Continental has showcased its “Cruising Chauffeur”, an self-driving car platform which provides an insight into the company’s vision of the future of what it calls “highly automated driving” on highways.
Highly automated driving on highways is no longer just a dream, says the company, but now a reality.
Until now pick-to-light equipment has represented a significant fixed capital expense with little consideration for variable use, often driven by seasonality, warehouse/distribution variance, and project management flux.
From manufacturers to 3PL (third-party logistics) companies, these swings in low or high usage represented a level of waste as purchased lights went unused and wasted.
Industrial technology company Wärtsilä and the world’s largest logistics company, DHL, say they have been utilising mobile robots from Fetch Robotics to streamline warehouse operations.
The companies say they have completed a “successful pilot”, where they tested autonomous vehicles from Fetch Robotics.
The pilot was carried out in Wärtsilä’s central distribution centre in Kampen, the Netherlands, where the entire logistics chain of Wärtsilä’s spare parts, from order intake to customer delivery, is managed.
The Volkswagen Group is researching ways in which robots can be used in the future when cars become more electrified and computerised as a result of increasing demand for clean and autonomous vehicles.
The German automaker, which owns the Audi, Bentley, Seat, Porsche and Lamborghini brands among others, is working one of the world’s largest industrial robotics and automation providers, Kuka, to research and develop a number of ideas.
Nvidia has formed a strategic partnership with ZF and Hella to deliver AI technology with the New Car Assessment Program safety certification for the mass deployment of self-driving vehicles.
ZF, one of the industry’s largest automotive suppliers, and Hella, a leading tier 1 supplier of camera perception software and sensor technologies, will provide customers with a complete self-driving system that integrates front camera units, as well as supporting software functions and radar systems.