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>>
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>>
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>>

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