Ford invests $500 Million Investment in Rivian
Posted: 25 Apr 2019 04:27 AM PDT
Rivian has announced an equity investment of $500 million from Ford Motor Company. In addition to the investment, the companies have agreed to work together to develop an all-new, next-generation battery electric vehicle for Ford’s growing EV portfolio using Rivian’s skateboard platform.
TRI-AD, Maxar Technologies and NTT DATA to build HDs Maps for AVs
Posted: 25 Apr 2019 04:26 AM PDT
Toyota Research Institute-Advanced Development, Inc. (TRI-AD, Maxar Technologies, and NTT DATA Corporation have announced they will collaborate on a proof of concept to build automated high-definition (HD) maps for autonomous vehicles using high-resolution satellite imagery.