Baidu invests in Weltmeister Motor
Posted: 11 Mar 2019 04:08 AM PDT
Weltmeister Motor has recently closed its RMB 3 billion (around $450 million) Series C led by Baidu and followed by Shanxi Fanncial Holdings Group-affiliated Taihang industrial Fund and Linear Venture. The company claimed that it has raised at least CNY 23 billion (USD 3.4 billion) till now.
HyreCar launches mobile application
Posted: 11 Mar 2019 04:07 AM PDT
HyreCar, the car-sharing marketplace for ridesharing, has launched the mobile application for both Apple iOS and Android devices to expedite the new driver onboarding and verification process.
VAYAVISION receives €2.45M from European Commission
Posted: 11 Mar 2019 03:32 AM PDT
VAYAVISION has announced that it is the recipient of a €2.45 million SME Instrument Grant from the European Commission’s European Innovation Council (EIC) to support promotion to and penetration of the European market.
Tyrata’s IntelliTread enables real-time tread wear measurement
Posted: 11 Mar 2019 12:03 AM PDT
Every year, tire-related accidents claim the lives of hundreds and injure thousands. Many of these accidents are due to worn tires, yet, the only common method to determine tread depth is to manually gauge the tire, such as with a penny held in one of the grooves.
Unex partners with Autotalks to implement dual-mode (DSRC/C-V2X) system architecture
Posted: 10 Mar 2019 11:18 PM PDT
Unex is partnering with Autotalks to implement a flexible, cyber-secure and cost-effective dual-mode (DSRC/C-V2X) system architecture. Unex is a provider of V2X systems and Autotalks is a smart car company that specializes in vehicle to vehicle communications in autonomous driving.