Topic: Automotive

News

Solid-State Lidar Provider Quanergy to Enter SPAC Merger, List on NYSE

June 22, 2021 · Quanergy, which makes solid-state lidar sensors and 3D perception software, plans to merge with CITIC Capital Acquisition Corp. and use proceeds of $278 million to continue growth.

News

Boston Dynamics Acquisition by Hyundai Motor Group From SoftBank Is Complete

June 21, 2021 · Hyundai Motor Group has completed its acquisition of a controlling share in humanoid and legged robot maker Boston Dynamics, and the companies plan to expand their product lines.

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Pony.ai Claims to Be the First Company to Test Driverless Vehicles in Both the U.S. and China

June 17, 2021 · Pony.ai has obtained authorization to conduct testing of fully autonomous vehicles in preparation for offering robotaxi services in multiple cities in China and the U.S. next year.

News

NVIDIA Releases Jetson AGX Xavier Industrial Module for Harsh Environments

June 15, 2021 · NVIDIA said its new NVIDIA Jetson AGX Xavier Industrial module is designed to enable multiple industries to deploy AI at the edge in environments where safety and reliability are critical.

News

RiACT Execs Aim for Cobots That Are Both Flexible and Simple to Use

June 15, 2021 · RiACT, a Danish startup that has developed software for abstracting collaborative robot actions and making them easier to program, has announced pre-seed funding.

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ABB PixelPaint Car Painting System Wins IERA 2021 Robotics Award

June 10, 2021 · PixelPaint's two robots can apply paint to vehicles faster and with less waste than other methods, improving efficiency and helping the environment, said winner ABB Robotics.

News

Hesai Raises Series D of $300M to Scale Hybrid Lidar Production

June 8, 2021 · Hesai, which has self-driving vehicle and robotics customers in 23 countries, plans to use its latest funding to continue R&D into processors and lidar perception.

News

Toyota AI Ventures Rebrands as Toyota Ventures, to Invest $300M More in Emerging Tech

June 4, 2021 · Toyota AI Ventures, which has invested in robotics, AI, and other emerging technologies, will add carbon neutrality to its portfolio under the Toyota Ventures Climate Fund.

News

eKentucky Advanced Manufacturing Institute Opens New Training Center, Adds Robotics Coursework

June 3, 2021 · eKAMI is opening a new Robotics Center in Eastern Kentucky that will include hands-on experience with a variety of robot arms and mobile robots to retrain workers for rewarding careers.

News

Realtime Robotics Raises $31.4M Series A for Autonomous Motion Control

June 3, 2021 · Realtime Robotics, which has developed processing and motion control to ease programming and enable safe robot and vehicle operations, plans to perfect its collaborative system.

News

ZongMu Raises $190M Series D for Autonomous Driving and Parking

June 2, 2021 · ZongMu Technology, which supplies advanced driver-assist systems and autonomous parking capabilities to Chinese automakers, is valued at $11 billion.

News

SK and BriteLab to Jointly Develop Technologies for U.S. Manufacturers

June 2, 2021 · BriteLab, which provides contract engineering and manufacturing services, has partnered with Korean manufacturing software provider SK to widen its automated material handling offering.

News

DiDi Autonomous Driving to Raise $300M, Bringing Valuation to $1.1B

June 1, 2021 · DiDi Autonomous Driving, a spinoff of ride-hailing firm DiDi Chuxing, has been partnering on the development of electric, autonomous vehicles and been conducting testing in China.

News

IFR Reviews National Robotics Plans in Updated ‘World Robotics R &D Programs’

May 27, 2021 · The International Federation of Robotics has reviewed the strategies of China, Japan, South Korea, the EU, Germany, and the U.S. and their funding for robotics research.

News

Mech-Mind Robotics Raises Series C Funding for AI Plus Industrial Automation

May 19, 2021 · Mech-Mind Robotics, which provides computer vision systems for industrial applications, said it has raised $100 million to date. The startup plans to expand its offerings.

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Bright Machines to Raise $435M in SPAC Merger Toward Industrial Automation IPO

May 17, 2021 · Bright Machines, which plans to expand thanks to its SPAC merger, said its a modular, software-defined approach provides manufacturers with scalability and easy deployment for flexible automation.

News

Robots Rise to Help Humans in Metalworking

May 14, 2021 · The shortage of skilled welders can be mitigated by adopting robots for tasks that can still be supervised by humans.

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Mitsubishi Logisnext Americas, Phantom Auto Partner to Scale Up Remote Operations of Unmanned Forklifts

May 13, 2021 · Phantom Auto is integrating its vehicle-agnostic tele-operations software with Mitsubishi Logisnext America's UniCarriers and Mitsubishi-branded lifts.

News

Robotic Vacuum Impregnation Can Reduce Costs and Waste, Says Ultraseal International

May 13, 2021 · Automotive manufacturers can benefit from automation to seal porous metal parts, minimize scrappage, improve sustainability, and reduce costs, says Ultraseal International.

News

Innovusion Raises $64M Series B for Automotive Lidar

May 11, 2021 · Innovusion, which has offices in California and Singapore, has raised funding to continue lidar reesarch and development as it supplies autonomous vehicle makers such as NIO.

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