…partnerships with our valued customers ZF and Aptiv, and we got investment from them. Personally, I believe my family, including my husband who grew up in Minnesota, is enjoying our life here. My second- and fourth-grader sons are both in soccer and baseball teams. I played pickleball here for the first time and now am really enjoying it. The Michigan subsidiary opening has been a major step for STRADVISION, allowing us to better develop market opportunities in the U.S. with…
…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…
…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,…
…with the leading U.S. mobility technology firm Aptiv in 2020. Motional is currently testing its robotaxi service on U.S public roads and plans to begin commercial service in 2023. HMG said it will actively support Motional to make the driverless technology more safe, reliable, and accessible to customers in the U.S. and other parts of the world. HMG said it will cooperate with U.S. partners in areas to accelerate the efforts to bring driverless technology into reality. Supernal helps support…
…Hyundai Motor Group and connected vehicle firm Aptiv formed Motional as a joint venture in 2020. The Boston-based company is developing SAE Level 4 autonomous vehicles for robotaxi providers and fleet operators. It claimed that its achievements include the first fully-autonomous cross-country drive in the U.S, the launch of the world's first robotaxi pilot, and more than 100,000 public rides. In November 2021, Motional announced plans to partner with Lyft Inc. on robotaxi service in Las Vegas by 2023. Via…
…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…
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,…
…with suppliers such as Luminar for lidar, Aptiv for radar, Schaeffler for drive by wire, and Cisco for networking and vehicle-to-vehicle communications. IAC also worked with New Eagle for software and ADLINK for hardware. They're known players in the autonomous vehicle industry and saw the race as a good testbed for infrastructure. How did you choose component technology providers? Mitchell: We chose one OEM, but not using its full stack. We chose components to have diverse partners and sponsors. For…
…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…
…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…
…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.…
…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…
