Autonomous technology company Ibeo Automotive Systems has filed for insolvency. Despite talks with potential investors, self-administration proceedings have been granted by the Hamburg insolvency court.…
Browsing: Business
Autonomous driving technology company Pony.ai has formed a collaboration with SAIC AI Lab – a division of SAIC Motor (Shanghai Automotive Industry Corporation) – to…
Lucid has appointed Derrick Carty as VP of platform software engineering, reporting directly to Michael Bell, Lucid’s SVP of digital. In a newly created role,…
Lumotive, which is developing its Light Control Metasurface (LCM) beam steering chips, says it has secured a round of strategic funding led by Samsung Ventures.…
May Mobility has closed a US$111m Series C round of funding. The company has also confirmed plans to continue to pursue its deployment programs using…
Leddartech, a provider of ADAS and AD sensing technology, has appointed David Torralbo as its new chief legal officer. Torralbo has over 20 years of experience…
TÜV SÜD has entered into an extensive cooperation with AVL ZalaZONE, which operates one of Europe’s most modern proving grounds (pictured, above) in the Hungarian…
StradVision, an AI-based vision processing company working on AV and ADAS systems, has opened a second German office in Dusseldorf. The company says the new…
Autonomous trucking technology developer Waabi has revealed some of the key engineering signings to have recently joined its engineering team. These include Eyal Cohen, head…
Tier 1 supplier Magna is expanding its ADAS and electrification footprint with the opening of a new plant in Kechnec, Slovakia. The brownfield facility will…