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SAIC unveils China’s ‘first’ Level 4 robotic taxi platform

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Chinese carmaker SAIC Motor has officially started the operation of its SAIC Mobility Robotaxi, claiming it to be China’s first Level 4 self-driving platform.

SAIC says its “Robotaxi” employs “superior resources” – from SAIC Motor Passenger Vehicle Company, SAIC Motor AI Lab, autonomous driving technology company Momenta, and its ride-hailing service platform SAIC Mobility – to create a data-driven ecosystem featuring continuing evolution in an effort to explore the application of Level 4 self-driving technology in urban mobility scenarios.

There is a lack of clarity about the term “robotaxi”. So far, most companies have used it as a generic term to mean robotic taxi. None of them has yet trademarked the actual word. SAIC doesn’t seem to have done so either, but has the word on the side of its cars. [Read more…] about SAIC unveils China’s ‘first’ Level 4 robotic taxi platform

Visteon partners with Steradian Semiconductors to build ‘enhanced’ advanced driver assistance systems

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Visteon, a technology company serving the mobility industry, and Steradian Semiconductors, an India-based high-tech imaging radar specialist, will collaborate on efforts that will produce “enhanced” Advance Driver-Assistance Systems (ADAS) for the global automotive market.

As part of a joint development agreement, Steradian will provide Visteon with access to its advanced 4D image radar sensor hardware and perception software technology.

Imaging radars are integral to autonomous driving technology that are classed as Level 2 and above because they enable safety application development, AI-based perception algorithms, and sensor fusion. [Read more…] about Visteon partners with Steradian Semiconductors to build ‘enhanced’ advanced driver assistance systems

ZF and VinFast to launch autonomous driving systems scalable to higher levels

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VinFast, a fast-growing vehicle manufacturer in Vietnam, says it will launch vehicle platforms that feature “higher level automated functions” in the near future, utilizing automotive systems maker ZF’s expertise in hardware, software and system integration.

Le Thi Thu Thuy, VinFast Global CEO, says: “Our companies are an outstanding match as our goals for mobility are perfectly aligned.

“The future is both electric and automated as we seek to help protect our environment while providing transportation that enhances safety, convenience and efficiency. We will work together to achieve this vision for VinFast customers as we expand our sales around the world.” [Read more…] about ZF and VinFast to launch autonomous driving systems scalable to higher levels

Autonomous vehicle simulation startup MorAI raises $20 million funding

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MorAI, a developer of autonomous vehicle simulation technology, has secured a $20 million Series B funding round.

The round includes investment from new investors Korea Investment Partners, KB Investment, and the state-run Korea Development Bank, as well as from existing investors Naver’s D2 Startup Factory, Hyundai Motor Group’s Zero1ne, Kakao Ventures, and Atinum Investment, bringing MorAI’s total funding to date to $25 million.

MorAI was co-founded in 2018 by three autonomous driving researchers from the Korea Advanced Institute of Science and Technology. Ever since, the company has established itself as South Korea’s sole provider of full-stack autonomous vehicle simulation solutions. [Read more…] about Autonomous vehicle simulation startup MorAI raises $20 million funding

Automotive software company TTTech Auto raises $285 million investment from Aptiv and Audi

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TTTech Auto, an Austria-based automotive safety technology startup, has raised $285 million (€250 million) from Aptiv and Audi in its latest funding round.

Aptiv is investing $228 million (€200 million), while Audi is increasing its existing stake by $57 million (€50 million).

With this latest funding round and a valuation of more than $1 billion, TTTech Auto confirms its strong position amid a growing number of auto tech unicorns. The transaction is subject to regulatory approval and is expected to close within the next two months. [Read more…] about Automotive software company TTTech Auto raises $285 million investment from Aptiv and Audi

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

AutoX expands robotaxi operation zone to 1,000 km

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Alibaba-backed AutoX, a developer of Level 4 fully autonomous cars, or “robotaxis”, now claims to operate “China’s largest autonomous driving area”.

The total area covers 1,000 square kilometers, including a 168-square-kilometer fully driverless zone. AutoX robotaxis are able to navigate all the public roads inside the 1,000 square kilometer area.

Expanding the total autonomous driving area to over 1,000 square kilometers is an important step towards making the robotic taxi service a reality in the daily lives of people in China. [Read more…] about AutoX expands robotaxi operation zone to 1,000 km

Mercedes-Benz partners with Luminar to develop automated driving systems

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Mercedes-Benz and Luminar Technologies has agreed a partnership to accelerate development of future automated driving technologies for passenger cars.

A central component of this is the optimal access to new technologies and global competencies.

The new partnership with Luminar underlines Mercedes-Benz’s policy of continuously expanding its network of top-flight tech partners and suppliers for passenger cars. [Read more…] about Mercedes-Benz partners with Luminar to develop automated driving systems

Your Car: Essential Tech Upgrades to Make Now

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Present-day vehicles are more than just a mode of transportation. They’re also your office, entertainment center, and mobile device charging station.

It’s essential to have all the necessary tech upgrades to stay connected with friends and family while on the road. These critical upgrades will help you do just that. [Read more…] about Your Car: Essential Tech Upgrades to Make Now

REE starts trials of new electric platform for delivery vehicles

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REE Automotive is commencing trials of its all-new P7 platform designed for commercial delivery vehicles and walk-in vans.

The P7 platform, targeted to a US based delivery van program, was designed based on functional and operational specifications from one of the world’s largest delivery companies.

Fully flat from end-to-end, P7 offers greatest interior space and volumetric efficiency for vehicles in classes 3-5. [Read more…] about REE starts trials of new electric platform for delivery vehicles