Ashok Leyland partners with Aidrivers to develop AI-enabled autonomous commercial vehicles
Key Signals in Automotive
Centre Setup and Expansion BYD & FAW plan new battery plant in China BYD and FAW are planning a production facility for electric car batteries with an annual capacity of 45 GWh in north-eastern China by establishing a joint venture. The factory will be built in three phases and, in the final stage, will supply blade batteries for more than one million vehicles. Read More>>Deals Proterra announces long-term supply agreement to provide battery tech to Nikola Tre trucks Proterra will provide its proprietary battery technology to power Nikolas Tre BEVs and FCEVs as a multi-year supply agreement. Its battery technology will be implemented in BEV and Fuel Cell EV versions of the Nikola Tre trucks. Read More>> Rivian Taps AWS as ‘Preferred’ Cloud Provider The agreement between Rivian and AWS is intended to drive efficiency, performance, and refinement of Rivian’s electric vehicles and deepen their existing relationship. AWS powers Rivian’s software-defined vehicle (SDV) architecture and over-the-air software updates. SDV architecture treats the entire vehicle as a single. Read More>> Audi controls source points with Artificial Intelligence Audi is signing another pilot project on artificial intelligence in production. The system operates as a part of the Industrial Cloud, developed by Volkswagen Group together with Siemens and Amazon Web Services (AWS), and is planned to be used in other areas in the coming periods. Read More>>Partnerships CampX by Volvo Group invites startups and partners to collaborate with experts to shape future transport solutions CampX’s mission is to accelerate innovation with speed and simplicity. The program aims to achieve this through the collaboration of Volvo experts with various startups and stakeholders in the sector. Read More>> BYD Partners with Nuro to manufacture an all-electric autonomous delivery vehicle The partnership is expected to scale Nuro’s more affordable, eco-friendly, and convenient services to millions of people across the country. Nuro’s third-generation autonomous delivery vehicle will feature greater payload and new safety technologies by combining both partners’ advanced technology. Read More>> Stellantis and Amazon collaborate on connected vehicles Stellantis and Amazon will collaborate to deploy Amazon’s technology and software expertise across Stellantis’ organization, including vehicle development, building connected in-vehicle experiences, and training the next generation of automotive software engineers. Read More>> BMW and TVS expand partnership for electric future The companies will develop common platforms by mutually tapping the emerging technologies in the future mobility space with various segments and market needs. Both companies have identified multiple products and technologies to deliver significant business benefits. Read More>> Ashok Leyland, Aidrivers ink pact for developing autonomous vehicle technology Aidrivers will provide AI-enabled autonomous solutions, and Ashok Leyland will provide vehicle platforms as part of the collaboration. It is focused on AI-enabled autonomous solutions across industrial mobility to develop artificial intelligence-enabled autonomous vehicles. Read More>>Mergers and Acquisitions Aptiv acquires software developer Wind River for USD 4.3 Bn Aptiv will spend USD 4.3 Bn to acquire Wind River from a hedge fund, TPG Capital. Wind River has established itself as a worldwide leader in cloud-native, intelligent edge software that delivers the highest levels of security, safety, reliability, and performance. Read More>>Executive Movement Hero MotoCorp appoints Arun Jaura as CTO The company appointed industry veteran Arun Jaura as its chief technology officer (CTO) to lead the company’s research and development (R&D). Jaura, a global technology expert, will strengthen its leadership team amid its continued focus on its vision. Read More>> New Asia-Pacific MD for McLaren Paul Harris has been appointed managing director of Asia-Pacific (APAC) and China for McLaren Automotive. His new role is effective immediately. He will take responsibility for the combined regional sales and marketing. Read More>>
Latest Industry Insights from Draup Braindesk
Account: Toyota
Toyota focuses on expanding its electric vehicle portfolio such as hybrid electric vehicles, plug-in hybrid electric vehicles, battery electric vehicles, fuel cell electric vehicles. It plans to create future mobility solutions.
Toyota is keen to invest in manufacturing plants and workforce to increase the production of a fuel cell system and engine across its footprint to achieve its goal to expand its electric vehicle portfolio in the future.
Toyota focuses on automobile manufacturers by mobility company bringing new technology in a real-world environment across various areas, such as automated driving, personal mobility, robotics, and artificial intelligence.
<!–
–>
Key Funding Alert
Hero MotoCorp invests Rs 420 crore (USD 56.4 Mn) in Ather Energy
Hero MotoCorp is investing in Ather Energy when India’s largest two-wheeler maker is readying its product for the local EV market. Hero is exploring collaboration with Ather in charging infrastructure, technology, and sourcing. Read More>>
Startup Spotlight
Company – Locomation Total Funding – USD 23 Mn Year of Inception – 2016 HQ Location – Greater Pittsburgh Area, United States About: Locomation provides a trucking technology platform that combines autonomy and driver augmentation through its Autonomous Relay Convoy (ARC) system. The company has experts on autonomous vehicles, robotics, and AI. Read More>>
Latest Reports Published in Draup
Lucid Motors Account Intelligence Report: Lucid Motors focuses on sound engineering principles, creating efficiencies, and maximizing power to create a world-class EV. It focuses on adopting sustainable energy by creating captivating electric vehicles centered around the human experience. Read More>>
Sona Comstar Account Intelligence Report: Sona Comstar focuses on developing electric two and three-wheeler powertrains through a partnership with Israel’s IRP. The company’s revenue increased by 51% in FY2021 compared to FY2020 due to the ramp-up of sales volume in the EV segment and Indian tractor market. Read More>>
<!–
–>
Here’s what’s new on our Sales Intelligence Platform Share your leads list with your colleagues in Buyers
View the Holdings information in Financials to understand the organization influencers
Work together on a leads list with your colleagues with the share list feature in Buyers
Help Draup with your preferred verticals information in the Profile section to get timely insights in your inbox
We use cookies to provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognizing you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.
Strictly Necessary Cookies
Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.
If you disable this cookie, we will not be able to save your preferences. This means that every time you visit this website you will need to enable or disable cookies again.
3rd Party Cookies
This website uses Google Analytics to collect anonymous information such as the number of visitors to the site, and the most popular pages.
Keeping this cookie enabled helps us to improve our website.
Please enable Strictly Necessary Cookies first so that we can save your preferences!
