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(Telematics News) Toyota, DENSO and SoftBank Vision Fund to invest $1 Billion in Uber’s advanced technologies group

Toyota, DENSO and SoftBank Vision Fund to invest $1 Billion in Uber’s advanced technologies group

Posted: 19 Apr 2019 05:51 AM PDT

Toyota Motor Corp. (Toyota), DENSO Corporation (DENSO) and the SoftBank Vision Fund (SVF) announced that they will invest $1 billion in Uber Technologies Inc.’s Advanced Technologies Group (Uber ATG). The investment, in a newly formed ATG corporate entity, aims to accelerate the development and commercialization of automated ride sharing services. Under the terms, Toyota and […]
 

 

Vizzion supplies the HERE Traffic Operations Center with global traffic camera feeds

Posted: 19 Apr 2019 05:50 AM PDT

Vizzion, supplier of traffic camera network, announced the expansion of its partnership with HERE Technologies, the Open Location Platform company and provider of real-time traffic information. Vizzion is now supplying the HERE Traffic Operations Center with global traffic camera imagery and video feeds through the Desktop Video Wall application. The partnership will bring Vizzion’s network of […]
 

 

SKT and Hyundai Motors start mobility start-up

Posted: 19 Apr 2019 05:50 AM PDT

SK Telecom and Hyundai Kia Motors will work together to foster mobility and connected car startups. SK Telecom and Hyundai Kia Motors have selected ZEROne True Innovation Accelerator (ZER01ne) to select and launch tech and service start-ups in the mobility and connected car sectors. The two companies will be accepting applications for more than two start-ups by […]
 

 

TATA Technologies and Futuremove Automotive enter a strategic agreement to develop connected mobility solutions

Posted: 19 Apr 2019 05:49 AM PDT

Tata Technologies, an engineering services organization, announced that it has entered into a strategic partnership with FutureMove Automotive, a Chinese enterprise in connected services, to develop comprehensive and unique connected mobility solutions for automotive manufacturers in China and worldwide. The companies signed the Memorandum of Understanding (MoU) at Auto Shanghai, the biggest auto fair of […]
 

 

Groupe PSA and ARC Europe group extend their partnership in providing mobility assistance & connected services

Posted: 19 Apr 2019 05:49 AM PDT

ARC Europe Group will become as of 2019 the Roadside Assistance and Connected Services Partner for Groupe PSA on 43 European markets including Russia and Turkey for a period of 5 years until 31/12/2023 and extend the collaboration established in 2009 between the two Groups. Groupe PSA and ARC Europe Group are already working on […]
 

 

Lear Corporation completes acquisition of the connected car software company Xevo

Posted: 19 Apr 2019 05:46 AM PDT

Lear Corporation, a global automotive technology company in seating and electrical and electronic systems, announced it has completed its previously announced acquisition of Seattle-based Xevo Inc., an automotive software supplier that develops solutions for cloud, car, and mobile devices. The acquisition of Xevo will enhance Lear’s capabilities in software, services, and data analytics and strengthen […]

 

 

 

 

 

 

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