Magna's electronics division opened a US$50m factory in Canada, with 20,000 m2 for manufacturing cameras and vision systems. The company now make about 12 million cameras a year for a dozen customers.
Following the global autonomous driving technology development, lidar companies worldwide are speeding up their business expansion all around the world. This past June, Germany-based lidar sensor maker Ibeo established a wholly-owned U.S.
China-based RoboSense announced an arrangement for ControlWorks to provide RoboSense's Smart lidar Sensor Systems to Korean automakers,tier 1s, and others with localised sales channels, product services, and technical support for the Korean
Synopsys have signed a definitive agreement to acquire Romania-based QTronic, who specialise in simulation, test tools and services for automotive software and systems development, including developing and maintaining bespoke software.
Daimler and Bosch will start valet parking using autonomous driving technology in Stuttgart, Germany, after local authorities gave the automaker permission to start testing the technology.
The automated valet parking service will start at the Mercedes-Benz
Supplier Brose say they have developed mechatronic systems to offer vehicle owners an entirely new access experience and pave the way to automated driving and car-sharing. The family-owned supplier claim as their unique selling proposition "perfectly
AV sensing startup Luminar say their latest automotive lidar platform, called "Iris", will be launched commercially on production vehicles in 2022 for less than $1,000.
The firm claim Iris as the first sensing platform to 'exceed the essential performance, safety,
With net sales of $489m, Veoneer's results are slightly better than their internal expectations had forecast. Veoneer succeded with a capital raise in May 2019, with gross proceeds of $627m including both common stock and convertible senior notes.
Velodyne Lidar have bought mapping and localisation software maker Mapper.ai to accelerate development of Vella, Velodyne's software for their directional-view Velarray lidar sensor. The Velarray is the first embeddable solid-state lidar sensor that fits
Quanergy Systems and China's Chery Automobile are joining forces now Quanergy have signed on under Chery Lion's Smart Partner Program as the lidar partner, to focus efforts on advancing autonomous driving and smart cities in China.