Magna, one of the world’s largest suppliers of car components and technology, has launched an autonomous driving platform.
Max4 can be integrated into any vehicle without compromise to vehicle design and styling, says the company, adding that the platform can enable up to Level 4 autonomous driving in both urban and highway environments.
Mobile robotics in material handling and logistics will become a $75 billion market by 2027, according to a new report, which adds that it will be more than double by 2038.
These staggering headline figures mask turbulent transformative change underneath: some technologies will rise and transform the fortunes of industries, fuelling growth rates far outpacing recent trends, whilst others will face with decay and obsolescence.
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.
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.
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.