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Intel’s Mobileye seeks lower $16 bln valuation in IPO
Mobileye said that it was targeting a valuation of nearly $16 billion in its initial public offering, less than a third of what it had previously expected, as volatility in stock markets and rising interest rates dampen the appetite for new listings.
Toyota launches flex-fuel strong hybrid electric vehicles in India
Toyota has launched a pilot project flex fuel-strong hybrid electric vehicle (FFV-SHEV) in India. The new vehicle can run on 100 percent ethanol.
Cognata and Xylon group launches a HIL photorealistic solution
Cognata Ltd announces the launch of a new collaboration with Xylon, to provide a comprehensive Advanced Driver Assistance System (ADAS) and autonomous vehicles (AV) Hardware-in-the-Loop (HIL) solution.
NTT Com and DENSO to collaborate to provide Security Operation Center for Vehicles
NTT Communications Corporation, the ICT solutions and international communications business within the NTT group, and DENSO CORPORATION (DENSO), the manufacturer of mobility components offering advanced mobility technologies, systems and products, announced that it will collaboratively develop the Security Operation Center for Vehicles (VSOC) to respond to the threat of increasingly sophisticated cyber-attacks against vehicles.
Baraja and Veoneer enter advanced LiDAR development agreement
Baraja, creator of the Spectrum-Scan™ LiDAR technology for autonomous vehicles, has entered into an advanced development agreement with an original equipment manufacturer (OEM) to develop its next-generation Spectrum HD25 LiDAR product specifically for automotive integration.
Velodyne Lidar signs multi-year agreement with Yamaha Motor
Velodyne Lidar, Inc. announced a multi-year agreement to provide its lidar sensors to Yamaha Motor for eve autonomy, a joint venture between Yamaha Motor and Tier IV, Inc. eve autonomy’s autonomous goods transport service eve auto provides logistical support for factories to improve efficiency and safety.
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