Sentences with phrase «vehicle startups nextev»

Future Mobility, which also counts dealership group China Harmony New Energy Auto Holding Ltd. as a shareholder, is one of several electric vehicle startups getting backed by technology companies in China as the government seeks more innovation within its auto industry.

Chinese electric - vehicle startups are driving competition for experienced auto industry executives and Silicon Valley talent as they seek to produce connected, highly automated vehicles.

The CEO of General Motors, Rick Wagoner, says that, when it comes to the large - scale manufacture of electric vehicles, GM will ultimately beat out the dozens of electric - vehicle startups that have recently started racing to sell green cars.

However, there are some alternatives popping up from small auto shops and electric vehicle startups, such as the latest model from Vanderhall Motor Works.

Also licensed are China - funded electric vehicle startups NextEV and Faraday Future.

He started an online textbook retail company while in college, served as the CFO for an electric vehicle startup, Lit Motors, and worked for Innovation Endeavors, a seed stage venture fund backed by Eric Schmidt.

Parallel Domain's first customer is NIO, an autonomous vehicle startup focused on the Chinese market.

A former top executive behind China's biggest acquisition of an overseas carmaker is setting out to make history twice, raising $ 1 billion in an initial fundraising round as the latest homegrown electric vehicle startup to challenge Tesla Motors Inc..

China issued on Thursday the first batch of licenses for road tests of driverless vehicles to NIO, a Chinese electric vehicle startup, and the state - ow...

Faraday Future, a new electric vehicle startup that plans to take on Tesla, is planning something big for the Consumer Electronics Show (CES) next week in Vegas.

Electric vehicle startup Faraday Future has published yet another teaser clip, this time showing its first production vehicle lining up for a drag race against what appears to be a Ferrari 488 Italia, a Bentley Bentayga and a Tesla Model X.

At the driver's preference, either the Comfort or Sport mode may be set as the IDS default upon vehicle startup.

Last year, the Swedish electric vehicle startup Uniti successfully raised about $ 1.5 million in equity crowdfunding to help bring its minimalist city car, which it called «the most deliberate reinvention of the automobile in modern times,» closer to production.

Five months after announcing its partnership with the Dragon Racing team, American electric vehicle startup Faraday Future has released the specs for its Formula E race car.

Fresh on the scene, newborn electric vehicle startup Faraday Future is gearing up to debut a concept the company says is inspired by its «design and engineering vision for the future of mobility» at the Consumer Electronics Show in January.

Bill Strickland had a long career at Ford and Fiat Chrysler before jumping ship last fall to Silicon Valley electric vehicle startup Faraday Future.

He worked at Google and then eventually left and created his self - driving vehicle startup, Otto, which was later bought by Uber.

It's incredibly difficult to translate just how bad of a year it was for Faraday Future, which is financially backed by Chinese billionaire Jia Yueting with connections to LeEco, another electric vehicle startup under the umbrella of Yueting's media empire LeTV, which also confusingly had its LeSee concept car designed by the Faraday Future team.

The Chinese - backed electric vehicle startup NIO raised more than $ 1 billion in its latest fundraising round, Reuters reported on Wednesday, breaking away from a crowded field of young Chinese - funded car firms who've notably struggled to raise money for their own ambitious endeavors.

NIO, the Chinese - backed electric vehicle startup known for their mad quest to break track records...

Two former employees told The Verge last year that Faraday Future sent a cease and desist letter with similar gripes to another electric vehicle startup called Indi EV.

Not exact matches

Ontario - based OTTO — not to be confused with the startup of the same name Uber acquired in 2016 and then rebranded — builds self - driving vehicles specifically to transport materials inside industrial warehouses.

Rather than pay up, Uber got into a lengthy debate with the state in which Anthony Levandowski, vice president at Uber's Advanced Technologies Group (and founder of the self - driving startup Otto that Uber acquired) argued Uber wasn't actually testing «autonomous vehicles» because all its vehicles had human drivers aboard and would for the foreseeable future.

As a driver, you use your own vehicle, so startup costs are relatively low.

Over the past year, companies with their eyes trained on the future of transportation, from Silicon Valley startups to Rust Belt standbys, have dazzled observers with demonstrations of vehicles that drive themselves.

The SBA invests in startups focused on cyber-security, unmanned air vehicles and renewable energy.

Nonetheless, the need for a reliable vehicle, licensing, permits, sanitary conditions, a business plan, and startup money are quite similar to the requirements of a mobile - food business.

Mojio is a startup that wants to put everything you can ever want to know about your vehicle into the palm of your hand via a smartphone app.

This year, another Israeli startup is taking a new approach to charging and operating electric vehicles.

A self - driving vehicle needs sensors to see where it's going and a highly accurate global positioning system to know its exact location — and that's where startups like Quanergy (a laser sensor maker) and Swift Navigation (a GPS chip maker) come in.

Whether your startup is from the Middle East or across the world, Abu Dhabi - based incubator Krypto Labs has launched a global search for prominent unmanned aerial vehicle (UAV) innovators with the Dro...

The move will also likely deal a blow to the Alexa Fund, the investment vehicle through which Amazon has been supporting startups building products and services to be controlled by voice.

For example, Ford partnered with vehicle rental startup Zoomcar, GPS mapping service Spatial, and safety notification platform HAAS Alert.

Musk's startup, The Boring Company, is digging a tunnel that will be used to transport vehicles at high speeds to avoid traffic congestion.

Growth: In 2016, the number of U.S. startups related to autonomous vehicles that landed VC deals nearly doubled to 14, and the total dollar amount invested shot up to $ 459 million from just $ 59 million the previous year, according to Pitchbook data.

Aurora Innovation, the secretive startup founded by some of best minds in self - driving cars, has landed partnerships with Volkswagen Group (vlkay) and Hyundai (hyundai - motor) to help bring fully autonomous vehicles to the masses faster.

Musk has extensive experience with A.I. technology through his business ventures: Tesla's self - driving vehicles rely heavily on artificial intelligence, while his startup Neuralink is trying to link people's brains with computers.

Aurora Innovation, the secretive startup founded by autonomous vehicle veterans from Google, Tesla, and Uber, has received a permit from the California Department of Motor Vehicles to start testing self - driving cars on public roads there.

It could potentially designate areas for leaving scooters or cap the number of vehicles that each startup is allowed to deploy in each neighborhood.

The startup's technology will be key to Ford's new logistics business because it will help the company better route its vehicles around cities.

The state has licensed 27 companies to test driverless vehicles on public roads, including vehicle manufacturers from BMW to Tesla Inc; suppliers such as Delphi Automotive Plc and Nvidia Corp; technology companies such as Alphabet Inc's Waymo and China's Baidu Inc; and a long list of self - driving startups such as Zoox, Drive.ai, AutoX and PlusAI.

Hicham Ratnani, COO of Montreal - based men's clothing ecommerce startup Frank & Oak, wrote me that the event is a great vehicle for gathering up entrepreneurs «to discuss and share big wins and opportunities.»

Local business news outlet Globes reported Musk was specifically visiting Israel to meet with artificial - intelligence startup Cortica, which specializes in self - learning technology that can be used for autonomous vehicles.

Gonzalez also said artificial intelligence startup Plus Ai received an autonomous vehicle testing permit on Wednesday.

This hurts credit - seeking small businesses and startups, not to mention consumers in the market to buy a new home or vehicle.

In September, BMW and Volkswagen partnered with California startup ChargePoint to install nearly 100 public electric vehicle fast - charging stations along two of the busiest stretches of highway in the United States.

In its latest move, Google joined forces with Aclima, a startup that designs, deploys and manages environmental sensor networks, to monitor air quality in urban environments using Google's Street View vehicles on Tuesday.

He was referring to SoftBank's $ 93 - billion - dollar Vision Fund, Masayoshi Son's investment vehicle that is gobbling up billion - dollar stakes in multiple startups that could be conceived of as big data or artificial intelligence plays.

Kitty Hawk, the mysterious flying - car startup backed by Alphabet CEO Larry Page, has finally launched, and it says its first vehicle will be available by the end of this year.

GM bought Cruise for about half a billion in 2016, and Cruise as a GM division acquired a California - based laser - radar (Lidar) startup, Strobe Inc. last year for an undisclosed sum, with the idea that Lidars units don't need to be what Strobe CEO Julie Schoenfeld called a «spinning Kentucky Fried Chicken» bucket atop a vehicle.