Robotics & Automation News

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smart mobility

Hyundai and Kia invest $300 million in Indian mobility service provider Ola

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Hyundai Motor Group and Ola – one of the world’s largest ride-hailing platforms – have announced a strategic partnership under which Hyundai and Kia will invest a total of USD 300 million in Ola.

The three companies will collaborate on developing unique fleet and mobility solutions, building India-specific electric vehicles and infrastructure, as well as nurturing best in class opportunities and offerings for aspiring driver partners with customised vehicles, on the Ola platform.

As part of the strategic collaboration, the companies have agreed to co-create solutions to operate and manage fleet vehicles, marking the Group’s first foray into the industry, as they expand operations from automobile manufacturing and sales to total fleet solutions.

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Porsche CEO rejects autonomous cars, but his tech director’s comments suggest interest

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porsche mission e
The Porsche Mission E, the company’s first all-electric model, scheduled for launch at the end of the decade
Luxury sports car maker Porsche could be going past a big road sign that says “This way to driverless car technology” without even slowing down because the man in the driving seat is steadfastly keeping his machine on a path which has a long tradition, stretching back to the very earliest days of motoring.

Oliver Blume is not alone among high-end car company bosses in feeling something of a mixture of indifference and incredulity at the current wave of interest in and development of driverless car technology.

The Porsche CEO is adamant the company has no plans to build an autonomous car, saying: “One wants to drive a Porsche by oneself. An iPhone belongs in your pocket, not on the road.” [Read more…] about Porsche CEO rejects autonomous cars, but his tech director’s comments suggest interest