Bill Gates Meets LiDAR

While there is a burgeoning proliferation of companies that are in the LiDAR space, each with its own take on utilizing laser pulses to create a precise map of its surroundings for purposes of ADAS or full-blown automation, a Seattle-based company has a distinction that certainly sets it apart from its competitors.

Trump Again Tells GM to Sell or Reopen Lordstown Plant

President Donald Trump has again urged General Motors Co. to either sell or reopen its assembly plant in Lordstown, Ohio, as soon as possible.

VW, FAW Form Connectivity JV in China

Volkswagen AG’s namesake brand and Chinese partner FAW Group are forming a joint venture in Chengdu, China, that will focus on connectivity and other digital services for the local market.

Ford Will Prepare Michigan Plant to Make EVs

Ford Motor Co. says it will spend $850 million over the next four years at its assembly plant in Flat Rock, Mich., mainly to prepare it to make all-electric vehicles.

Hyundai Mobis Partners with Russian Firm on Robo-Taxis

Hyundai Mobis Co. has agreed to partner with Russian tech giant Yandex NV to develop an autonomous vehicle platform. 

Microsoft Connectivity Tech to Debut Later this Year

The Renault-Nissan-Mitsubishi alliance will launch the first applications of Microsoft Corp.’s cloud-based connectivity vehicle technology later this year.

Toyota First in Line for Nvidia Development System

Silicon Valley-based Nvidia Corp. is introducing a new simulation tool to aid the development and testing of automated driving technologies.

ZF Acquires Netherlands Mobility Provider

ZF Friedrichshafen AG has acquired a 60% share of 2getthere B.V., which operates driverless electric shuttles and other mobility-as-a-service systems.

Study Finds Mixed Results for Ride-Hailing Impact

The use of ride-hailing services lowers urban parking demand but hikes traffic congestion and discourages other modes of transportation, say University of Colorado researchers.

Lyft Kicks off IPO Roadshow

Lyft Inc. hopes to raise $2.1 billion in an initial public offering of shares that will be priced between $62 and $68.