Topic: Automotive

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.

News

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.

News

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.

News

Pony.ai and Luminar Technologies Partner on Sensors for Robotaxi Testing in Five Cities

May 10, 2021 · Pony.ai said its partnership with Luminar for 360-degree lidar sensing will enable it to expand its robotaxi testing globally.

News

Oculii Offers AI-Powered 4D Radar for Autonomous Vehicle Guidance, Raises $55M Series B Funding

May 8, 2021 · Oculii, which has developed AI software for radar perception, has raised Series B funding as it launches two products intended to help autonomous systems navigate.

News

Chinese Mobile Robot Startup Youibot Raises $15.5M, Led by SoftBank Ventures Asia

May 7, 2021 · Youibot, whose "end-to-end" set of mobile robots and software offerings serve the manufacturing, power, and logistics industries, plans to continue global growth.

News

First-Quarter 2021 Robot Sales Increase 20% Over Q1 2020, Reports A3

May 6, 2021 · The Association for Advancing Automation said that non-automotive purchases of robots in Q1 2021 were the second-best ever.

News

Symbio Robotics Deploys Robot AI at Ford Livonia Transmission Plant

May 4, 2021 · Symbio Robotics provides AI to help robots at Ford learn how to install heavy and complex torque converters, learning and adapting so it can continuously increase efficiency.

News

ExOne Acquires Assets of Freshmade 3D for 3D-Printed AMClad Tooling

April 29, 2021 · ExOne said its acquisition of Freshmade 3D's assets, which include a method of creating durable AMClad, will accelerate its expansion into 3D-printed tooling.

News

Mobile Industrial Robots Reports 55% Increase in Q1 Sales

April 29, 2021 · Mobile Industrial Robots said that its first-quarter sales increased significantly over the same period last year because of increasing automotive and electronics demand.

News

Toyota Unit Woven Planet to Acquire Lyft’s Level 5 Autonomous Driving Division for $550M

April 27, 2021 · Woven Planet Group, a new mobility unit of Toyota, is buying Lyft's Level 5 division as investments and consolidation continue in the self-driving space.

News

Additive Manufacturing Production System Can Now Use 316L Stainless Steel, Says Desktop Metal

April 22, 2021 · Desktop Metal said it has qualified 316L stainless steel, which is useful in applications requiring hygiene and durability, for use in its Production System P-50.

News

Navya and REE Automotive Agree to Develop Level 4 Autonomous Vehicles

April 20, 2021 · Self-driving systems provider Navya will work with REE Automotive's REEcorner technology for Level 4 autonomous vehicles.

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