Robotics & Automation News

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transportation

May Mobility raises $50 million in funding round led by Toyota

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May Mobility, an autonomous transportation-as-a-service provider, has closed a $50 million Series B funding round led by Toyota.

There was also participation from Sparx Group, alongside return investors Millennium Technology Value Partners, Cyrus Capital Partners, BMW iVentures, and Toyota AI Ventures.

The company says the round will help fund strategic hires across the engineering and operations functions, and expansion of the vehicle fleet to meet growing demand. [Read more…] about May Mobility raises $50 million in funding round led by Toyota

BP invests €10 million in mobility-as-a-service startup

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BP Ventures is investing €10 million in MaaS Global, a provider of digital mobility software designed to make transport easier and smarter.

The company’s innovative Whim app allows customers to access and connect on a single platform all available transport options in a city – from taxis, buses, bikes and rental cars, to ride-hailing services, shared e-scooters and e-bikes.

The investment in the Finland-based start-up supports BP’s strategy of developing and providing mobility and transportation options in an increasingly smarter, digital world. [Read more…] about BP invests €10 million in mobility-as-a-service startup

SEMICON Europa opens with smart mobility, medtech, design and talent in spotlight

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SEMICON Europa, Europe’s largest event connecting the entire electronics design and manufacturing supply chain – from innovation to applications – has opened in strategic co-location with productronica at Messe München, in Munich, Germany.

Themed Semiconductors Drive Smart, SEMICON Europa 2019 – November 12 to 15 – highlights the vital importance of European sectors and ecosystems in propelling the semiconductor manufacturing industry and the broader electronics design and manufacturing supply chain worldwide.

Olivier Schwab, Managing Director of the World Economic Forum, kicks off the Executive Keynote Opening Ceremony with his presentation Leadership in the Fourth Industrial Revolution. [Read more…] about SEMICON Europa opens with smart mobility, medtech, design and talent in spotlight

Dow showcasing new materials aimed at automotive sector at Battery Show

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Dow Performance Silicones is showcasing new materials aimed at the automotive sector at the ongoing Battery Show North America.

The silicon-based technology and innovations include new materials and capabilities for electric vehicle and battery packs.

The company says the technologies are intended to help designers and engineers to manage thermal, adhesion, sealing and throughput challenges. [Read more…] about Dow showcasing new materials aimed at automotive sector at Battery Show

The Future of Auto Transportation

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We live in a world of automation. Our worlds are in the palm of our hands, thanks to mobile technology. We have more access to everything, faster, and drones are already delivering parcels. Self-driving cars are fast approaching the next stage after experimentation.

But what does this mean for the future of the auto transportation industry?

Freight demand continues to grow, placing significant strain on freeways. In fact, the Department of Transport estimates that “… by 2040, nearly 30,000 miles of our busiest highways will be clogged on a daily basis. Truck congestion will waste $27 billion in time and fuel economy annually”. [Read more…] about The Future of Auto Transportation

Via’s on-demand mobility service ‘exceeding targets’ in Australia

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Via, a provider and developer of on-demand public mobility solutions, has released metrics for its new Cooee Busways transport system, launched in partnership with Transport for New South Wales (TfNSW) and Busways, an Australian transportation provider.

Despite only starting operations on May 27, Via says “residents are already flocking to the new service by the thousands, with ridership exceeding targets, and vehicle utilization well ahead of the project’s goals”.

Called Cooee Busways, the new on-demand shared transit network provides first- and last-mile connections for residents in The Ponds, Schofields and Kellyville Ridge, linking more residents with the new Sydney Metro public transportation hubs. [Read more…] about Via’s on-demand mobility service ‘exceeding targets’ in Australia

Denso focuses on connected technology at new Seattle innovation lab

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Denso Corporation, the world’s second largest mobility supplier, has celebrated the grand opening of its Seattle Innovation Lab, which will strengthen the company’s development of connected technologies and advance its Mobility-as-a-Service (MaaS) platform.

The lab supports Denso’s recent expansion into software-based solutions to complement its hardware expertise, bolsters its North American R&D strategy and helps bring to life its long-term plan aimed at creating new value for future mobility.

It also furthers Denso’s exploration of new business domains, like MaaS, to propel its technology development and contribute to better, safer and more sustainable transportation solutions.

[Read more…] about Denso focuses on connected technology at new Seattle innovation lab

Kodiak Robotics expands into Texas and begins first autonomous freight deliveries

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Kodiak Robotics, a startup developing self-driving technology for long-haul trucking, has started making its first commercial deliveries with a safety driver behind the wheel.

Kodiak achieved this milestone just 16 months after the company was formed. Kodiak also announced it will be supporting its growing testing and freight operations from a new facility in North Texas.

Kodiak operates as a true freight carrier, with self-driving trucks operating on “middle mile” highway routes. [Read more…] about Kodiak Robotics expands into Texas and begins first autonomous freight deliveries

Via unveils its first autonomous vehicle service in public transportation pilot

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Via, a developer of on-demand shared mobility solutions, has launched what it claims is the “first public autonomous vehicle service in the world”.

The driverless vehicle, dubbed BusBot, is now fully operational and serving a community in New South Wales, Australia.

In partnership with local bus operator Busways, Transport for NSW, and autonomous vehicle technology provider EasyMile, BusBot will serve the Marian Grove Retirement Village in Toormina, a suburb of Coffs Harbour. [Read more…] about Via unveils its first autonomous vehicle service in public transportation pilot

Space robotics market to boldly go beyond $3 billion by 2025

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The global space robotics market is set to grow from its current market value of more than $2 billion to over $3.5 billion by 2025, according to a new research report by Global Market Insights.

In the space robotics market, near space exploration & transportation segments are gaining popularity due to several missions working on asteroid survey missions, which are near to the Earth’s surface.

The need for continuous maintenance & servicing of the existing satellites is creating a huge demand for this segment, adding up to the market growth.

[Read more…] about Space robotics market to boldly go beyond $3 billion by 2025