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(Telematics Wire) Automotive Telematics Market is projected to reach $320.6 billion by 2026: TMR Study

Cruise is bringing its driverless robotaxis to Dubai in 2023
Cruise will launch its first international robotaxi service in Dubai. The company will start testing its vehicles in 2023, with plans to launch a commercial ride-hailing service soon after, though it hasn’t specified an actual date.



Velodyne and Ansys partnered to transform autonomous vehicle safety
Velodyne and Ansys are developing software models of next-generation automotive lidar sensors to provide substantially improved hazard identification capabilities for highly advanced AVs. 



Mobileye, Udelv partner to build autonomous vehicles
Intel on Monday said it is supplying self-driving systems to Silicon Valley startup Udelv, which plans to have a fleet of autonomous delivery vehicles in action within two years. Udelv and the Mobileye unit at Intel aim to produce more than 35,000 driverless “Transporters” by the year 2028. Operations will begin commercially by 2023.



OmniVision automotive image sensors compatible with NVIDIA DRIVE platform
OmniVision Technologies, Inc. announced at the NVIDIA GPU Technology Conference (GTC) that it has officially joined the NVIDIA DRIVE™ autonomous vehicle development ecosystem. The company also unveiled the first group of OmniVision automotive image sensor families compatible with the modular NVIDIA DRIVE AGX™ AI computing platform for self-driving vehicles.



Automotive Telematics Market is projected to reach $320.6 billion by 2026: TMR Study
According to a new report published by Trends Market Research “Automotive Telematics Market by Channel (OEM and Aftermarket), Vehicle Type (Commercial Vehicle, Passenger Car, and Two-Wheeler), Application (Fleet/Asset Management, Navigation & Location-Based System, Infotainment System, Insurance Telematic, Safety & Security, V2X and Others), and Connectivity Solution (Embedded, Integrated Smartphones, and Tethered): Global Opportunity Analysis and Industry Forecast, 2019–2026



REE Automotive signs strategic collaboration agreement with Magna
REE Automotive Ltd announced a strategic collaboration agreement with Magna International Inc., with the goal of bringing to market innovative, full-fledged Modular Electric Vehicles (MEVs) for tech companies and new electric mobility players under the ‘Powered by REE’ brand.