On Automotive IQ this week, we rounded up our High 5 classes realized from Autonomous Automobiles On-line.
From new improvements from Volvo Vehicles to trucking autonomy with Daimler and much extra in between, listed here are 5 of our prime picks from the occasion, full with hyperlinks so you’ll be able to rewatch the classes on demand everytime you like.
In case you missed the occasion, you’ll be able to signal as much as watch each session on the occasion web site fully free, just by heading to Autonomous Automobiles On-line.
- Auto IQ weekly information, together with Tesla, Cruise, Volvo and Waymo
We’re additionally trying ahead to our subsequent completely free occasion – Automotive Security and Safety On-line – which takes place on June 30 and July 1. With prime audio system already confirmed from NVIDIA, Intel and Continental, it’s positive to be price a watch, and all the main points are under.
Within the meantime, right here’s a couple of tales that caught our eye this week:
Ford and VW seal Argo AI deal
Regardless of setbacks brought on by COVID-19 proper throughout the globe, on June 1, VW finalized its beforehand introduced funding in Argo AI. VW agreed to hitch Ford as a part of a big-dollar collaboration in autonomous know-how for the US and European markets final July.
Now that the deal has been realised, the 2 corporations will work in direction of a shared purpose that splits into three. It’s hoped that the deal will assist share the $4bn prices, increase the size of autonomy and enhance knowledge assortment throughout each VW and Ford manufacturers that can use Argo AI’s tech.
It additionally signifies a continued deepening of ties between Ford and VW. Each corporations just lately reaffirmed their commitments to working collectively on numerous initiatives. Along with Argo AI, Ford will use VW’s MEB EV toolkit for a European market SUV; Ford will develop a one-tonne pick-up that VW Business Automobiles will reskin; whereas a supply van developed by the latter might be tailored by the previous. The powertrain has not but been introduced. Attention-grabbing occasions…
VW deepens EV funding in China
On the subject of Volkswagen, the German agency has made a strategic transfer to develop its EV three way partnership enterprise in China.
First up, Volkswagen has plonked down €1 billion to extend its share in JAC Volkswagen, its three way partnership for e-mobility from 50 to 75 per cent. The funding consists of the acquisition of fifty per cent of JAG, the dad or mum firm of Volkswagen’s Chinese language companion JAC.
Whereas it’s at it, VW has additionally acquired 26 per cent of battery producer Gotion Excessive-Tech Co., Ltd. for round €1 billion, changing into the corporate’s largest shareholder.
The transfer is critical, and reveals that even in a post-COVID world, VW believes sooner or later being electrical. The agency plans to promote 1.5-million EVs per 12 months in China by 2025.
We lined the truth that the shared mobility area was having a tricky time pre-coronavirus, however maybe issues are trying up.
First up, Singapore’s Beam has simply introduced a $26m Sequence A funding spherical in its e-scooter sharing enterprise, taking its worth over $50m. The agency at present operates in Australia, Malaysia New Zealand, South Korea and Taiwan, and claims to be completely different from rivals by incentivising its customers to park scooters responsibly after use. It can use the money to develop the place it gives it custom-designed third-generation Beam Saturn scooter that has swappable batteries.
In the meantime, France’s BlaBlaCar has partnered with Sweden’s Voi to supply e-scooters by way of a brand new BlaBlaRide app. BlaBlaCar has 18 million subscribers in France, who will now be capable to journey Voi scooters through the brand new app immediately. The Voi scooters achieve BlaBla branding, however regardless of the deal, each corporations stay separate authorized entities.
Maybe probably the most vital information is saved till final, with Lime saying a brand new $170m funding spherical. Along with gaining additional funds from Google’s dad or mum firm Alphabet, the funding was led, considerably, by Uber.
Uber already held a small stake in Lime, however the brand new deal considerably will increase this, and consists of successfully offloading its vivid pink branded micromobility agency Bounce to Lime. It is going to be fascinating to see how each corporations combine each other’s merchandise into their respective apps.