Found in Robotics News & Content, with a score of 41.93
Aptiv PLC, which is developing technology for safer, more sustainable, and connected vehicles, today announced a definitive agreement to acquire Wind River Systems Inc. from TPG Capital for $4.3 billion in cash. “The automotive industry is undergoing its largest transformation in over a century, as connected, software-defined vehicles increasingly become critical elements of the broader intelligent ecosystem,” stated Kevin Clark, president and CEO of Aptiv. “Fully capitalizing on this opportunity requires comprehensive solutions that enable software to be developed faster, deployed seamlessly, and optimized throughout the vehicle lifecycle by leveraging data-driven insights,” he said. “These same needs are driving the…
Found in Robotics News & Content, with a score of 39.77
…AG yesterday raised €250 million ($285 million U.S.) from Aptiv PLC and Audi AG in its latest funding round. Aptiv is investing €200 million ($228 million), while Audi is increasing its existing stake by €50 million ($57 million). With this latest funding round and a valuation of more than $1 billion, TTTech Auto said it is part of a growing number of automotive technology unicorns. “The next few years will be critical for the entire industry in the transition from automation to semi-autonomous driving and the software-defined vehicle.” said Georg Kopetz, CEO of TTTech Auto. “With MotionWise, we are supporting…
Found in Robotics News & Content, with a score of 24.05
…as a joint venture between Hyundai Motor Group and Aptiv and is developing SAE Level 4 autonomous robotaxis. The Boston-based startup said it has set industry milestones including the first fully autonomous cross-country drive in the U.S, the world's first robotaxi pilot, and the operation of a fleet conducting over 100,000 public rides. “Lyft’s powerful network is the ideal platform for deploying autonomous vehicles at scale. Motional’s driverless tech, combined with Lyft’s marketplace engine, brings us firmly into the self-driving future,” said Logan Green, co-founder and CEO of Lyft. “We can’t wait for riders in Las Vegas to be the…
Found in Robotics News & Content, with a score of 22.34
…Cvetanovski, General Motors; Siddha Ganju, NVIDIA; and Maciej Ksiazek, Aptiv. Image courtesy of CES/Aurora Labs. Aurora Labs’ Auto Validate solution gives the automotive manufacturers the transparency to validate what software changes have been made, how they affect other components in the complex software system and to reduce software failures. According to auto manufacturers, there are several market trends driving the need for automotive manufacturers to have a ‘glass-bottom boat view’ into automotive software. One major market event is the recent UNECE ratification of WP.29. According to the UNECE WP.29 position paper, evidence of the software changes and their effect on…
Found in Robotics News & Content, with a score of 21.59
…“Through our strategic partnership with Hyundai Motor Group and Aptiv, we have unparalleled automotive and software expertise across our entire vehicle development process.” “This deep collaboration enables us to manufacture a robotaxi that’s both highly safe and reliable, and is cost-optimized for global production,” he said. “We’re focused on mass commercialization, and the IONIQ 5 robotaxi is built for that purpose.” Boston-based Motional formed in March 2020 as a joint venture between Hyundai and Aptiv, a safety, electrification, and vehicle connectivity provider. The IONIQ 5 robotaxi is the company’s first commercial vehicle. Designing the IONIQ 5 robotaxi from the ground…
Found in Robotics News & Content, with a score of 17.85
…The Boston-based joint venture between Hyundai Motor Group and Aptiv PLC said it is working with Eversource Energy, which serves more than 4 million natural gas and electricity customers in New England. “Our test vehicles pass potholes, downed trees and power lines, and stalled traffic signals—among myriad other road occurrences that human drivers also face,” said Motional in a blog post. “What if our vehicles’ sensors could be used to transmit this information for faster assessment and fixes? Could autonomous vehicles be used for real-time infrastructure monitoring? We wanted to find out.” The company said its autonomous vehicles were deployed…
Found in Robotics News & Content, with a score of 15.61
…next-generation of mobility leaders—and move the industry forward.” RTI joins a group of automotive and technology leaders including Ansys, Aptiv and Microsoft as official sponsors in the challenge. The IAC is supported by the RTI University Program, which enables university research and hands-on education. Universities around the world are using RTI technology to support their research in areas including robotics, autonomous vehicles, space exploration, connected health care and more. Sources: Press materials received from the company and additional information gleaned from the company’s website.
Found in Robotics News & Content, with a score of 15.30
…is a joint venture between Hyundai Motor Group and Aptiv PLC. The Boston-based company claimed that it operates the world's most established public robotaxi service. Motional said its fleet has conducted more than 100,000 public rides and that it was one of the first companies in the world to operate SAE Level 4 vehicles on public roads. Starting in 2023, Motional plans to launch a fully driverless ride-hail service with Lyft to millions of people in multiple U.S. markets. Motional employees will be able to provide RVA to the robotaxis used in this service. The company also recently partnered with…
Found in Robotics News & Content, with a score of 14.79
…EV vehicle port (see video below). Hyundai Motor Group is also supporting Motional, an autonomous vehicle joint venture with Aptiv.
Found in Robotics News & Content, with a score of 14.39
…as a joint venture between Hyundai Motor Group and Aptiv, Motional is developing robotic taxicabs. The Boston-based startup said its partnership with Uber will rely on its expertise in operating commercial autonomous fleets and integrating its technology with on-demand customer applications. Motional will use the all-electric Hyundai IONIQ 5-based robotaxi, with in-vehicle modifications, to enable autonomous deliveries. The company said this will be the first time its SAE Level 4 vehicles are used for deliveries, and it signals the company’s evolution to a dual-purpose product strategy. The partners said they expect autonomous vehicles to play an important role in the…
Found in Robotics News & Content, with a score of 14.02
…StradVision expects to grow with AV market ZF and Aptiv were strategic investors in StradVision's Series C round. Automotive industry investors to date include Hyundai Motor Co., Hyundai Mobis, LG Electronics, AISIN (Japan), and ZF. StradVision has now raised $129 million (U.S.) in cumulative funding, from its seed round through Series C. The company said it has seen “exponential” business and team growth over the past year. It opened its second German office and a new local subsidiary in Michigan. In addition, StradVision has expanded its workforce 69.2% year over year to 308 employees as of June 2022. Some self-driving…
Found in Robotics News & Content, with a score of 13.39
…in Thinking Differently About Robotic Assembly” – Steve Thomas, Aptiv manufacturing engineer, will discuss the importance of connectivity and data in assembly technology and the five companies that will help manufacturers get the most out of using data to improve operations. This session is sponsored by Epson Robots and will take place on October 27 from Noon-12:30 p.m. CDT in Theater #1. The company will also demo its Epson GX4 and GX8 SCARA robots, the IntelliFlex Feed System and Vision Guide with Epson RS-Series SCARA robot, the VT6L All-in-One 6 Axis robot, and the T-B Series All-in-One SCARA robot. The…