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…as Temasek and Yunfeng Capital. Mercedes-Benz, IDG Capital, GGV Capital, Shunwei Capital, Tencent, and Cathay Capital also participated in the $500 million Series C round. Autonomous vehicle developers and related technology providers have raised more than $26.5 billion in 2021, according to Robotics 24/7. Here are 10 of the biggest totals to date: Company Location Amount (M$) Transaction Date Cruise…
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…system in a joint project of five automakers, including BMW, Ford, Mercedes-Benz, Jaguar-Land Rover, and Cariad, a technology subsidiary of Volkswagen Group. The project also includes four technology vendors: Unikie, Bosch, Valeo, and Continental/Kopernikus. Unikie said it is working with multiple OEMs to validate its technology, and it expects the first production installations during 2022.
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…across a range of industries and applications. Its customers include BMW, Mercedes-Benz, Chattanooga Department of Transportation, and Emart. Seoul Robotics has offices in Seoul, South Korea, as well as Silicon Valley, Munich, and Detroit and is backed by leading global financial institutions. It raised $12 million in a bridge round of investment from the Korea Credit Guarantee Fund earlier this…
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…such as Audi, Apple, BMW, Ford, Garmin, GM, Jaguar, Land Rover, Mercedes-Benz, Peugeot, Sygic, TomTom, Toyota, and Volkswagen. Parkopedia is available in 15,000 cities across 89 countries globally, covering over 70 million parking spaces. Parkopedia said it helps drivers find the closest, cheapest, or available parking to their destination; pay in selected locations; and navigate directly to the parking space.
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…a digital twin of a Mercedes-Benz EQS driving a 17-mile route around a recreated version of the NVIDIA campus in Santa Clara, Calif. It includes Highways 101 and 87 and Interstate 280, with traffic lights, on-ramps, off-ramps and merges as well as changes to the time of day, weather and traffic. NVIDIA CEO Jensen Huang. “To achieve the real-world replica…
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…a Corvette C1 and a Mercedes 190SL; they have also transformed a Porsche 911 into a 911 RS, and a Ford Mustang 1966 into a GT350H. To solve some of the toughest challenges posed by the clients, the ABcar Oldtimers employs a very modern technique—3D printing, powered by printers from Zortrax. For example, “the thin needles in the display of…
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…Daimler AG and Head of Mercedes-Benz Cars, for a joint press conference, streamed live. The two companies plan to “create a revolutionary in-vehicle computing system and AI computing infrastructure. Starting in 2024, this will be rolled out across the fleet of next-generation Mercedes-Benz vehicles, enabling them with upgradable automated driving functions to deliver software-defined vehicles, expected to hit the market…
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…automotive and technology customers. Similarly, Mercedes-Benz Trucks announced it will now allow customers to 3D print more than 30 different spare parts for cargo trucks in an effort to resolve backlogs in spare parts delivery. Digital twins to optimize the next-gen supply chain market Digital twin is another breakthrough technology that creates virtual models of product design, production, and IoT…
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…starting as early as 2020. Mercedes-Benz also announced that its next-generation centralized computing architecture for AI in the cockpit and AI for self-driving will use NVIDIA DRIVE technology. The A8 Highway in Germany as seen in rFpro simulation software, running a test in a scenario with cones blocking off traffic. Image courtesy of rFpro. At GTC, NVIDIA unveiled its safety…
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…in 2018 More than 20,000 Mercedes-Benz sprinter vans (leased over time) 141,000,000 square feet of supply chain facilities 10,000 branded trailers 120 U.S. fulfillment centers 52 Prime Now hubs With this massive distribution network growth, Amazon went from handling none of it’s shipping in 2013 to handle 26% of it. In that same time, UPS’s share of Amazon’s shipping decreased…
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…AG and its business units Mercedes-Benz and Daimler Trucks has its “Future Truck 2025” already on the highways and has partnered with Uber Technologies Inc. Apple, Microsoft, Ford, and many others are also involved in the development of autonomous vehicles. There is another combine, Waymo/Google/Alphabet, working out kinks in the technology. Lyft and General Motors are combining efforts. And of…
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…home to established plants from Mercedes-Benz, Honda and Hyundai and a new Mazda Toyota plant that will need 4,000 employees when it is operating at full speed. In the northeastern part of the state, there’s distribution, with large Walmart, Target and Children’s Place distribution centers. All of these facilities will need trained maintenance technicians. “The No. 1 issue before people…
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…data from Autopilot-equipped vehicles, and Mercedes-Benz parent Daimler AG has partnered with Uber Technologies Inc. Google, which separated its self-driving car project into a new unit called Waymo last year, plans to start a ride-sharing service using semi-autonomous minivans made by Fiat Chrysler Automobiles NV as soon as the end of 2017. Volkswagen AG is rolling out Moia, a new…
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…German automakers, including Volkswagen’s Audi, Mercedes-Benz, and BMW, are working on their own autonomous vehicles. Earlier, Germany’s Manager Magazin reported that Uber had placed an order for 100,000 Mercedes S-Class series with Daimler, citing unnamed sources at both companies, but another source told Reuters that report was inaccurate. Manager speculated the order could cost Uber around 10 billion euros, or…
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North America’s largest robotics and automation event winds down