Navigation technology company, TomTom, announced that it is completing the collection of data for its High Definition (HD) Map for Japan that will cover over 18,000 kilometres of freeways across the country. With existing coverage in the US and Europe, the total coverage of TomTom HD Maps globally is now almost 380,000km. “The TomTom […]
Uber‘s autonomous fleet of self-driving cars have logged more than 1 million miles since the company started offering rides last year. Since putting the self-driving Volvo XC90s on the streets in 2016, Uber now has more than 200 self-driving cars in Pittsburgh, Tempe, Arizona, and San Francisco. Over the first year of this pilot program, […]
When cars truly are autonomous, Ford still wants to give owners the option of driving themselves around. Why? One day, steering wheels and pedals may just be another accessory, like the spare wheel: simply in the car if or when you need them. As we progressively shift towards self-driving vehicles, there will be a number […]
WABCO Holdings Inc. (NYSE: WBC), a leading supplier in commercial vehicle systems, has signed an agreement to acquire privately held RH Sheppard Co., Inc., a key supplier of commercial vehicle technologies, including vehicle steering capabilities, headquartered in Hanover, Pennsylvania, U.S.A. WABCO’s purchase price is $145 million, subject to customary adjustments. Sheppard had sales of $130 […]
Consolidation is continuing in the connected fleet and autonomous driving industries as Intel Corporation (NASDAQ: INTC) and Mobileye N.V. (NYSE: MBLY) have announced a definitive agreement under which Intel would acquire Mobileye, a leader in the development of computer vision and machine learning, data analysis, localization and mapping for advanced driver assistance systems and autonomous […]
Computer chip giant Intel and its CEO, Brian Krzanich, have announced that Intel Capital is targeting more than $250 million of additional new investments over the next two years “to make fully autonomous driving a reality.” The investments are geared to advancing technologies that focus on next-generation connectivity, communication, context awareness, deep learning, security, safety and […]
