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MobileDrive builds next generation ADAS with Siemens’ digital twin technology

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MobileDrive has adopted a model-based systems engineering approach to support its Advanced Driver Assistance Systems development, using the Siemens Xcelerator portfolio and its comprehensive digital twin technology.

By leveraging Siemens’ robust expertise in the digital thread, MobileDrive has accelerated its progress to build the next-generation autonomous driving systems and helped to achieve the industry-leading quality of the products.

Founded in 2021 as a joint venture between two mobility technology leaders, FIH Mobile and Stellantis, MobileDrive is focused on developing infotainment, telematics and a cloud service platform, together with ancillary hardware and software. [Read more…] about MobileDrive builds next generation ADAS with Siemens’ digital twin technology

Be afraid. Be slightly afraid: Drivers feel ‘increasingly anxious’ about autonomous cars

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The results of AAA’s annual automated vehicle survey show that while there is still a high level of interest in partially-automated vehicle technology, attitudes toward fully self-driving vehicles have become increasingly apprehensive.

This year there was a major increase in drivers who are afraid, rising to 68 percent as compared to 55 percent in 2022. This is a 13 percent jump from last year’s survey and the biggest increase since 2020.

AAA believes automakers must be diligent in creating an environment that promotes the use of more advanced vehicle technologies in a secure, reliable, and educational manner. This includes the consistent naming of vehicle systems available to consumers today. [Read more…] about Be afraid. Be slightly afraid: Drivers feel ‘increasingly anxious’ about autonomous cars

NXP introduces new chip range for ADAS and autonomous vehicles

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NXP Semiconductors, the market share leader in automotive radar according to Yole Intelligence, has introduced what it says is “a new industry-first” 28nm RFCMOS radar one-chip IC family for next generation ADAS and autonomous driving systems.

The new SAF85xx one-chip family combines NXP’s high performance radar sensing and processing technologies into a single device, offering tier ones and OEMs new flexibility in addressing short, medium and long range radar applications to serve ever more challenging NCAP safety requirements.

The introduction of the one-chip radar family has added to NXP’s leading radar portfolio, built on more than 15 years of technology leadership and designed to surround drivers in a cocoon of safety to reduce accidents. [Read more…] about NXP introduces new chip range for ADAS and autonomous vehicles

Rotary partners with TEXA to offer new ADAS solutions

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Rotary, part of Vehicle Service Group (VSG) and Dover, has agreed a partnership with TEXA, a company involved in the design, development and production of diagnostic tools for the vehicle repair industry.

The companies say the partnership will enable Rotary to expand its automotive service offerings.

The partnership will position Rotary to offer collision and repair shops a new mobile Advanced Driver Assistance System (ADAS) solution as well as fully automatic air conditioning (A/C) charging stations. [Read more…] about Rotary partners with TEXA to offer new ADAS solutions

MicroVision’s lidar solution now supported on Nvidia’s autonomous vehicle platform

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MicroVision, a maker of MEMS-based solid-state automotive lidar and advanced driver-assistance systems, says its Mavin DR dynamic view lidar system is now supported on the Nvidia Drive AGX platform.

Mavin DR, MicroVision’s lidar sensor featuring a dynamic field of view, delivers high resolution at all ranges and with low latency, enabling new ADAS safety features to achieve true highway-pilot functionality that OEMs demand.

Nvidia Drive AGX is a scalable, open, centralized software-defined compute platform that serves as the AI brain for highly automated and fully self-driving vehicles. [Read more…] about MicroVision’s lidar solution now supported on Nvidia’s autonomous vehicle platform

LeddarTech raises $140 million to develop autonomous driving technology

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LeddarTech has raised investment of $140 million, which comprises a Series D first close of $116 million and debt facility of $24 million.

LeddarTech is a developer of advanced driver assistance systems (ADAS) and autonomous driving sensing technology.

FS Investors led the financing round with the participation of Investissement Québec, BDC Capital, Go Capital, certain funds managed by Fidelity Investments Canada ULC, Fonds de solidarité FTQ, Export Development Canada, ams Osram, Desjardins Capital, UI Investissement, Cowen Investment II LLC and other LeddarTech management. [Read more…] about LeddarTech raises $140 million to develop autonomous driving technology

Auto systems giant Magna acquires autonomous shuttle startup Optimus Ride

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Magna, one of the world’s largest producers of automotive components and systems, has acquired autonomous shuttle startup Optimus Ride for an undisclosed amount.

Magna says the agreement has resulted in the company adding more than 120 employees of Optimus Ride to its books.

Optimus Ride is a provider of autonomous vehicle and mobility solutions located in Boston. [Read more…] about Auto systems giant Magna acquires autonomous shuttle startup Optimus Ride

Advanced technology adoption will make Indian roads ‘accident-proof’

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A relatively new company called Hi Tech Robotic Systemz (THRSL) says India’s Union Minister Nitin Gadkari’s vision for Indian roads will make vehicles “accident-proof”.

In a recent meeting of the National Road Safety Council (NRSC), the minister advocated for fixed driving hours for commercial truck drivers like that of pilots, as well as a policy mandating on-board sleep detection sensors in commercial vehicles to reduce road accidents in India and give relief to truck drivers.

The logistics sector, which is a key enabler and the backbone of any growing economy, is primarily dependent on drivers who operate for long hours in tough working conditions. [Read more…] about Advanced technology adoption will make Indian roads ‘accident-proof’

Advanced Driver Assistance Systems predicted to grow to $63 billion by 2024

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The global market for Advanced Driver Assistance Systems (ADAS) is projected to be valued $63 billion by 2024, according to a report by Accurize Market Research. 

The sector is expected to see a compound annual growth rate of 10.7 percent from 2017 to 2025.

Advanced driver assistance systems, or ADAS, are systems developed to automate, adapt, and enhance vehicle systems for safety and improved driving to assist the driver in the driving procedure. [Read more…] about Advanced Driver Assistance Systems predicted to grow to $63 billion by 2024

Autonomous driving software startup Helm.ai raises $26 million in new funding

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Helm.ai, creator of next-generation AI software for autonomous driving, today announced it has raised $26 million in series B funding.

This funding will help Helm.ai better serve its rapidly growing customer base, and accelerate product expansion of its highly scalable approach to autonomous driving software.

Additional funding in this round was from JM Partners, Base Capital Funding, and Freeman Group, with additional participation from Nicolas Berggruen, ACVC Partners, OneWay Ventures, Binnacle Partners, Nadia Asoyan, Vlad Tenev, Mark Leslie, Jeff Rothschild, and Neil King. [Read more…] about Autonomous driving software startup Helm.ai raises $26 million in new funding