Manchester-based connected vehicle data company Wejo has announced its intention to list publicly in the US through a reverse merger with Virtuoso Acquisition Corp, a special-purpose acquisition company (SPAC).\nUpon completion of the transaction, the combined company will operate under the Wejo name.\nThe deal values the company at $800 million (£565.2 million), and will raise approximately $330 million in proceeds - including $32m debt - the company said.\nProceeds will fund Wejo’s plans, which include the continued rollout of new offerings and services for connected vehicle customers and further expansion into “new geographies and in-demand marketplaces”.\nRichard Barlow, CEO and Founder of Wejo, said the company expects rapid growth in revenues in coming years.
"}}}},{"node":{"postTitle":"Cruise Urges US President Biden To Back Autonomous Vehicle Deployment Boost: Report","slug":"cruise-urges-us-president-biden-to-back-autonomous-vehicle-deployment-boost-report","publishDate":"None","createdLocal":"2021-06-02 14:31:04.743547","feedName":"Autonomous Vehicle News","postSummary":{"childMarkdownRemark":{"html":"The cap, Ammann wrote, \"acts as a U.S.-only impediment to building these vehicles at scale in the United States.\"\nCruise in its letter to US President Joe Biden said the country risks lagging behind ChinaThe White House declined to comment on Monday.\nSenators John Thune and Gary Peters have been working for several years on efforts to ease restrictions on AVs.\nThe NHTSA would need to certify self-driving vehicles exempted are at least as safe as human-driven ones.\nIn October, Cruise said it planned to seek NHTSA approval to deploy a limited number of Cruise Origin vehicles without steering wheels or pedals.
"}}}},{"node":{"postTitle":"Applying AI to Real-Time Video Processing: The Basics and More","slug":"applying-ai-to-real-time-video-processing-the-basics-and-more","publishDate":"2021-06-01 17:51:03+00:00","createdLocal":"2021-06-02 14:31:04.478646","feedName":"Image Recognition","postSummary":{"childMarkdownRemark":{"html":"And just like image processing, video processing uses established techniques like computer vision, object recognition, machine learning, and deep learning to enhance this process.\nKeep reading to learn what approach you can take when it comes to using AI in video processing.\nReal-time video processing is an essential technology in surveillance systems using object and facial recognition.\nNow, the goal of any video processing task is to complete these steps as quickly and accurately as possible.\nDespite this, video file splitting isn’t the best option for real-time video processing.
"}}}},{"node":{"postTitle":"Global Industry Analysis By Trends, Future Demands, Growth Factors 2027 – Renewable Energy Zone","slug":"global-industry-analysis-by-trends-future-demands-growth-factors-2027-renewable-energy-zone","publishDate":"None","createdLocal":"2021-06-02 14:31:02.708104","feedName":"Connected Car","postSummary":{"childMarkdownRemark":{"html":"Every trend in the Connected Car Mobility Solutions market is carefully analyzed and examined by market analysts.\nMarket analysts and researchers have conducted an in-depth analysis of the Connected Car Mobility Solutions market using research methodology such as PESTLE and Porter's Five Forces Analysis.\nIn addition, the report presents investment opportunities, recommendations and trends that are currently trending in the Connected Car Mobility Solutions market.\nWhat are the greatest challenges that the Connected Car Mobility Solutions market could face in the future?\nWhat are the growth strategies players are pursuing to maintain their position in the Connected Car Mobility Solutions market?
"}}}},{"node":{"postTitle":"Global Industry Analysis By Trends, Future Demands, Growth Factors 2027 – Renewable Energy Zone","slug":"global-industry-analysis-by-trends-future-demands-growth-factors-2027-renewable-energy-zone","publishDate":"None","createdLocal":"2021-06-02 14:31:02.634129","feedName":"Autonomous Vehicle News","postSummary":{"childMarkdownRemark":{"html":"Every trend in the Level 3 Autonomous Vehicle market is carefully analyzed and examined by market analysts.\nMarket analysts and researchers have conducted an in-depth analysis of the Level 3 Autonomous Vehicle market using research methodology such as PESTLE and Porter's Five Forces Analysis.\nThe key players in the Level 3 Autonomous Vehicle market and their complete profiles are included in the report.\nIn addition, the report presents investment opportunities, recommendations and trends that are currently trending in the Level 3 Autonomous Vehicle market.\nWhat are the greatest challenges that the Level 3 Autonomous Vehicle market could face in the future?
"}}}},{"node":{"postTitle":"Cruise urges Biden to back autonomous vehicle deployment boost","slug":"cruise-urges-biden-to-back-autonomous-vehicle-deployment-boost","publishDate":"2021-06-02 13:02:42+05:30","createdLocal":"2021-06-02 14:31:02.092522","feedName":"Autonomous Vehicle News","postSummary":{"childMarkdownRemark":{"html":"The cap, Ammann wrote, \"acts as a U.S.-only impediment to building these vehicles at scale in the United States.\"\nSenators John Thune and Gary Peters have been working for several years on efforts to ease restrictions on AVs.\nThe NHTSA would need to certify self-driving vehicles exempted are at least as safe as human-driven ones.\nThe auto industry, Alphabet Inc's Waymo and others have been pushing for years to convince Congress to speed self-driving vehicle deployment.\nIn October, Cruise said it planned to seek NHTSA approval to deploy a limited number of Cruise Origin vehicles without steering wheels or pedals.
"}}}},{"node":{"postTitle":"DiDi Autonomous Driving said to close over $3 million funding round","slug":"didi-autonomous-driving-said-to-close-over-3-million-funding-round","publishDate":"None","createdLocal":"2021-06-02 14:31:01.669009","feedName":"Connected Car","postSummary":{"childMarkdownRemark":{"html":"Shanghai (Gasgoo)- DiDi Autonomous Driving, the self-driving technology arm of Didi Chuxing (DiDi), is about to raise over $300 million, of which $200 million will be invested by GAC Group, according to a local media outlet.\nPhoto credit: DiDiThe new funding will value DiDi Autonomous Driving higher than Chinese autonomous driving startup Pony.ai, said a person briefed on the matter.\nApart from GAC Group, DiDi Autonomous Driving also works with BAIC Group.\nDiDi launched its autonomous driving project in 2016 and upgraded it to a wholly-owned subsidiary in 2019.\nFor the time being, DiDi Autonomous Driving has been permitted to test autonomous cars on open roads in Beijing, Shanghai, Hefei, Suzhou, and California.
"}}}},{"node":{"postTitle":"Connected Car Services Market Research Report , Major Players Include-, Tech Mahindra, Accenture, Cisco Systems – Renewable Energy Zone","slug":"connected-car-services-market-research-report-major-players-include-tech-mahindra-accenture-cisco-systems-renewable-energy-zone","publishDate":"None","createdLocal":"2021-06-02 14:31:00.889184","feedName":"Connected Car","postSummary":{"childMarkdownRemark":{"html":"From the nature of competition to future changes in the vendor landscape, the report provides in-depth analysis of the competition in the global Connected Car Services market.\nKey questions answered in the report:What is the growth potential of the Connected Car Services market?\nWhat are the key challenges that the global Connected Car Services market may face in the future?\nWhich are the leading companies in the global Connected Car Services market?\nWhich are the growth strategies considered by the players to sustain hold in the global Connected Car Services marketTable of Contents1 Market Overview of Connected Car Services1.1 Connected Car Services Market Overview1.1.1 Connected Car Services Product Scope1.1.2 Connected Car Services Market Status and Outlook1.2 Global Connected Car Services Market Size Overview by Region 2016 VS 2021VS 20271.3 Global Connected Car Services Market Size by Region (2016-2027)1.4 Global Connected Car Services Historic Market Size by Region (2016-2021)1.5 Global Connected Car Services Market Size Forecast by Region (2022-2027)1.6 Key Regions, Connected Car Services Market Size (2016-2027)1.6.1 North America Connected Car Services Market Size (2016-2027)1.6.2 Europe Connected Car Services Market Size (2016-2027)1.6.3 Asia-Pacific Connected Car Services Market Size (2016-2027)1.6.4 Latin America Connected Car Services Market Size (2016-2027)1.6.5 Middle East & Africa Connected Car Services Market Size (2016-2027) 2 Connected Car Services Market Overview by Type2.1 Global Connected Car Services Market Size by Type: 2016 VS 2021 VS 20272.2 Global Connected Car Services Historic Market Size by Type (2016-2021)2.3 Global Connected Car Services Forecasted Market Size by Type (2022-2027)2.4 Telematics2.5 Infotainment 3 Connected Car Services Market Overview by Application3.1 Global Connected Car Services Market Size by Application: 2016 VS 2021 VS 20273.2 Global Connected Car Services Historic Market Size by Application (2016-2021)3.3 Global Connected Car Services Forecasted Market Size by Application (2022-2027)3.4 Private Car3.5 Commerce Car 4 Connected Car Services Competition Analysis by Players4.1 Global Connected Car Services Market Size by Players (2016-2021)4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Connected Car Services as of 2020)4.3 Date of Key Players Enter into Connected Car Services Market4.4 Global Top Players Connected Car Services Headquarters and Area Served4.5 Key Players Connected Car Services Product Solution and Service4.6 Competitive Status4.6.1 Connected Car Services Market Concentration Rate4.6.2 Mergers & Acquisitions, Expansion Plans 5 Company (Top Players) Profiles and Key Data5.1 Tech Mahindra5.1.1 Tech Mahindra Profile5.1.2 Tech Mahindra Main Business5.1.3 Tech Mahindra Connected Car Services Products, Services and Solutions5.1.4 Tech Mahindra Connected Car Services Revenue (US$ Million) & (2016-2021)5.1.5 Tech Mahindra Recent Developments5.2 Accenture5.2.1 Accenture Profile5.2.2 Accenture Main Business5.2.3 Accenture Connected Car Services Products, Services and Solutions5.2.4 Accenture Connected Car Services Revenue (US$ Million) & (2016-2021)5.2.5 Accenture Recent Developments5.3 Cisco Systems5.3.1 Cisco Systems Profile5.3.2 Cisco Systems Main Business5.3.3 Cisco Systems Connected Car Services Products, Services and Solutions5.3.4 Cisco Systems Connected Car Services Revenue (US$ Million) & (2016-2021)5.3.5 LogiSense Recent Developments5.4 LogiSense5.4.1 LogiSense Profile5.4.2 LogiSense Main Business5.4.3 LogiSense Connected Car Services Products, Services and Solutions5.4.4 LogiSense Connected Car Services Revenue (US$ Million) & (2016-2021)5.4.5 LogiSense Recent Developments5.5 Nokia5.5.1 Nokia Profile5.5.2 Nokia Main Business5.5.3 Nokia Connected Car Services Products, Services and Solutions5.5.4 Nokia Connected Car Services Revenue (US$ Million) & (2016-2021)5.5.5 Nokia Recent Developments5.6 ESG Automotive5.6.1 ESG Automotive Profile5.6.2 ESG Automotive Main Business5.6.3 ESG Automotive Connected Car Services Products, Services and Solutions5.6.4 ESG Automotive Connected Car Services Revenue (US$ Million) & (2016-2021)5.6.5 ESG Automotive Recent Developments5.7 Apple5.7.1 Apple Profile5.7.2 Apple Main Business5.7.3 Apple Connected Car Services Products, Services and Solutions5.7.4 Apple Connected Car Services Revenue (US$ Million) & (2016-2021)5.7.5 Apple Recent Developments5.8 Microsoft5.8.1 Microsoft Profile5.8.2 Microsoft Main Business5.8.3 Microsoft Connected Car Services Products, Services and Solutions5.8.4 Microsoft Connected Car Services Revenue (US$ Million) & (2016-2021)5.8.5 Microsoft Recent Developments5.9 Google5.9.1 Google Profile5.9.2 Google Main Business5.9.3 Google Connected Car Services Products, Services and Solutions5.9.4 Google Connected Car Services Revenue (US$ Million) & (2016-2021)5.9.5 Google Recent Developments 6 North America6.1 North America Connected Car Services Mar
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