BERLIN -- Taiwan's Foxconn will acquire a 50 percent stake in ZF Group's axle system assembly unit, creating a joint venture aimed at growing automotive and supply chain opportunities, the companies said.\nThe joint venture with Foxconn is part of ZF's strategy to grow specific business areas beyond current limits with external partners' support, the German company's chief executive, Holger Klein, told Reuters.\nIt needs fresh capital,\" which is why ZF had been looking for a partner, said Klein.\nThe joint venture agreement is expected to become effective within six to nine months of signing pending regulatory approvals.\nZF ranks third on the Automotive News Europe list of top 100 global suppliers, with sales to automakers of $39.3 billion in 2021.
"}}}},{"node":{"postTitle":"28-year-old self-made billionaire started his self-driving car company in his parents' garage—now he's worth $1.6 billion","slug":"28-year-old-self-made-billionaire-started-his-self-driving-car-company-in-his-parents-garage-now-he-s-worth-1-6-billion","publishDate":"2023-07-24 00:00:00","createdLocal":"2023-07-25 14:31:04.705552","feedName":"Autonomous Vehicle News","postSummary":{"childMarkdownRemark":{"html":"When Austin Russell was a 17-year-old high school student, he founded Luminar Technologies, which makes laser sensors that can help self-driving cars detect nearby objects.\nNow 28, Russell is the world's youngest self-made billionaire, according to Forbes, as Luminar competes with major companies like Tesla and Alphabet's Waymo.\nBut self-driving cars aren't exactly commonplace on American roads, meaning Russell and Luminar have a lot of work ahead of them, despite their lofty valuations.\nHow it differs from Tesla's approachElon Musk's Tesla also seeks to popularize self-driving cars, and Musk's approach to the technology is entirely different.\nLidar could potentially change that, Russell says: Cameras can be helpful \"for certain use cases,\" but lidar is \"a huge step forward.\"
"}}}},{"node":{"postTitle":"Vecow and Kudan Expand Strategic Partnership to Address Growing Demands of Outdoor Autonomous Mobility and Mobile Mapping Applications","slug":"vecow-and-kudan-expand-strategic-partnership-to-address-growing-demands-of-outdoor-autonomous-mobility-and-mobile-mapping-applications","publishDate":"None","createdLocal":"2023-07-25 14:31:03.969816","feedName":"Autonomous Vehicle News","postSummary":{"childMarkdownRemark":{"html":"The opportunities and growth potentials for outdoor autonomous vehicles, robotics, and mobile mapping are significant.\n\"Through collaboration with Kudan SLAM software technologies, Vecow's global partners and customers can bring their solutions to the market faster for outdoor autonomous robotic and mobile mapping use cases,\" said Thomas Su, VP of Vecow.\n\"Vecow is excited to partner with Kudan and will continue to work with industry leaders to remain at the forefront of technological advancements.”\"Kudan is excited to advance the partnership with Vecow towards fast-growing outdoor autonomous and mobile mapping applications.\"\nKudan owns SLAM technology utilizing both cameras and 3D-Lidar sensors, together with multi-sensor fusion and deep learning capabilities.\nOur products include: AI-ready Inference Systems, AI Computing Systems, Fanless Embedded Systems, Vehicle Computing Systems, Robust Computing Systems, Single Board Computers, Multi-Touch Computers/Displays, Frame Grabbers, Embedded Peripherals and Design & Manufacturing Services for Machine Vision, Autonomous Vehicle, Smart Robotics, Digital Rail, Public Security, Transportation & V2X, Smart Factory, Deep Learning, and any Edge AI applications.
"}}}},{"node":{"postTitle":"Sony-Honda’s “Smartphone On Wheels” Afeela EV Will Have Level 3 Autonomous Driving Capability","slug":"sony-hondas-smartphone-on-wheels-afeela-ev-will-have-level-3-autonomous-driving-capability","publishDate":"2023-07-25 12:40:45+05:30","createdLocal":"2023-07-25 14:31:02.827074","feedName":"Autonomous Vehicle News","postSummary":{"childMarkdownRemark":{"html":"Sony-Honda’s Afeela EV Will Be “Smartphone On Wheels” With Level 3 Autonomous Driving Capability Photo : BCCLSony and Honda jointly unveiled their highly-anticipated tech-filled electric vehicle (EV) called Afeela at the Consumer Electronics Show earlier this year.\nMore information has now come, wherein the car is touted to be more than just a means of transportation, resembling a smartphone on wheels.\nThe Afeela EV is projected to hit the market in 2025 and along with it debut a host of advanced features.\nAfeela EV: A Technological Marvel The Afeela EV will be equipped with screen graphics powered by the Unreal Engine, the company who have been creating quitting the stir for their as-real-as-it-can-get graphics.\nSony's expertise in digital technologies, combined with Honda's yet-to-be-released e:Architecture platform, will form the foundation of the car's development.
"}}}},{"node":{"postTitle":"3 Millionaire-Maker Autonomous Driving Stocks to Buy Before the Window Closes","slug":"3-millionaire-maker-autonomous-driving-stocks-to-buy-before-the-window-closes","publishDate":"2023-07-03 00:00:00","createdLocal":"2023-07-25 14:31:01.585534","feedName":"Autonomous Vehicle News","postSummary":{"childMarkdownRemark":{"html":"New AI Development Will Blindside Millions.\nWill You Be One of Them?\nOn July 27 at 7 pm ET, Louis Navellier, Eric Fry and Luke Lango will reveal a major AI development that will cause a massive disruption to the stock market.\nWill your money be safe?
"}}}},{"node":{"postTitle":"Automotive V2X Market worth $19.5 billion by 2028 - Exclusive Report by MarketsandMarkets(TM)","slug":"automotive-v2x-market-worth-19-5-billion-by-2028-exclusive-report-by-marketsandmarkets-tm","publishDate":"None","createdLocal":"2023-07-25 14:31:00.925967","feedName":"Autonomous Vehicle News","postSummary":{"childMarkdownRemark":{"html":"Automotive V2X Market worth $19.5 billion by 2028 – Exclusive Report by MarketsandMarkets™Chicago, July 25, 2023 (GLOBE NEWSWIRE) -- Automotive V2X Market is projected to grow from USD 2.6 billion in 2022 to USD 19.5 billion by 2028, at a CAGR of 39.7%, according to a new report by MarketsandMarkets™.\nFactors such as developments in connected car technology, paired with increasing focus towards traffic safety are expected to augment revenues for the automotive V2X market.\nSome of the main players in the automotive V2X market offer software solutions compatible with DSRC and C-V2X.\nEurope is home to some of the top players in the automotive V2X market, such as Continental AG (Germany) and Robert Bosch GmbH (Germany).\nGet 10% Free Customization on this Report: https://www.marketsandmarkets.com/requestCustomizationNew.asp?id= 90013236Browse Adjacent Market: Automotive and Transportation Market Research Reports & ConsultingBrowse Related Reports:Connected Car Market - Global Forecast to 2026Connected Motorcycle Market - Global Forecast to 2027ADAS Market - Global Forecast to 2030Autonomous / Self-Driving Cars Market - Global Forecast to 2030About MarketsandMarkets™ MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space.
"}}}},{"node":{"postTitle":"Autonomous Vehicle Navigation Systems Market Demand and Analysis of Key Players, Potential Growth | Research Report Forecast to 2030 - General Dynamics, Rh Marine, Kongsberg Gruppen","slug":"autonomous-vehicle-navigation-systems-market-demand-and-analysis-of-key-players-potential-growth-research-report-forecast-to-2030-general-dynamics-rh-marine-kongsberg-gruppen","publishDate":"2023-07-25 11:14:47","createdLocal":"2023-07-25 14:31:00.228705","feedName":"Autonomous Vehicle News","postSummary":{"childMarkdownRemark":{"html":"Autonomous Vehicle Navigation Systems Market Demand and Analysis of Key Players, Potential Growth | Research Report Forecast to 2030 - General Dynamics, Rh Marine, Kongsberg GruppenAutonomous Vehicle Navigation Systems Markethttps://www.worldwidemarketreports.com/sample/970541https://www.worldwidemarketreports.com/quiry/970541https://www.worldwidemarketreports.com/promobuy/970541https://www.worldwidemarketreports.com/Autonomous Vehicle Navigation Systems Market 2023 is expected to experience robust growth, offering market players a profitable opportunity to expand their presence in acknowledging economies and increase their revenue streams.\nThis section is important for understanding the various aspects of the Autonomous Vehicle Navigation Systems Market and how they contribute to the overall market.For More Information or Query or Customization Before Buying, Visit:Competitive Landscape:The competitive landscape section analyzes the key players in the Autonomous Vehicle Navigation Systems Market, providing company profiles, including business overview, product offerings, and financial performance.\nThe market outlook section provides future market size and growth rate projections, as well as opportunities and challenges in the Autonomous Vehicle Navigation Systems Market.\nDoes this report offer customization?Purchase This Premium Research Report Upto 70% Discount at:❆ Contact Us:Worldwide Market Reports,Tel: U.S. +1-415-871-0703U.K.\n+44-203-289-4040Japan +81-50-5539-1737Email: sales@worldwidemarketreports.comWebsite:About Us:Worldwide Market Reports is your one-stop repository of detailed and in-depth market research reports compiled by an extensive list of publishers from across the globe.
"}}}},{"node":{"postTitle":"Safeguarding Autonomous Vehicle Networks: Land, Air, Sea","slug":"safeguarding-autonomous-vehicle-networks-land-air-sea","publishDate":"None","createdLocal":"2023-07-25 14:30:59.127456","feedName":"Autonomous Vehicle News","postSummary":{"childMarkdownRemark":{"html":"Joining Chakravarthy in this endeavor are MAE Professor Kamesh Subbarao and Bill Beksi, an assistant professor in the Department of Computer Science and Engineering.\nAs such, the aim of the project is to fortify the resilience of these vehicle networks against such cyber threats.\nErian Armanios, the Chair of MAE at UTA, emphasized the importance of Chakravarthy's research for the future of unmanned vehicle networks.\nAs autonomous vehicles continue to proliferate, the necessity for robust cybersecurity measures to ensure their reliable and safe operation becomes paramount.\nThrough the \"Resilient Multi-Vehicle Networks\" project, UTA researchers aim to develop vital safeguards to protect these vehicles and their users from potential cyber threats.
"}}}}]}},"pageContext":{"limit":8,"skip":664,"avNumPages":295,"currentPage":84}}}