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Intel acquires Moovit for $900M; accelerating Mobileye’s Mobility-as-a-Service offering

Green Car Congress

Intel Corporation today has acquired Moovit, a mobility-as-a-service (MaaS) solutions company, for approximately $900 million ($840 million net of Intel Capital equity gain). Moovit was founded in 2012 and is based in Tel Aviv, Israel, with approximately 200 employees. Intel acquired Mobileye in 2017.

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Qualcomm to procure Israeli chipmaker Autotalks

Baua Electric

Chip fashion designer Qualcomm will purchase Israel’s Autotalks because the U.S. corporate seems to deepen its car industry, Qualcomm stated in a commentary. The corporate had credited the soar to its Snapdragon Virtual Chassis product worn by means of automakers and their providers.

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Wrightspeed named as World Economic Forum Technology Pioneer

Green Car Congress

Ian Wright, CEO and founder of Wrightspeed, is participating in the Annual Meeting of the New Champions, and many Technology Pioneers will also participate in the World Economic Forum Annual Meeting 2017 in Davos-Klosters, Switzerland. Notable members of the committee include Jeffrey M.

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Toyota Research Institute launches Toyota AI Ventures with $100M investment

Green Car Congress

Toyota Research Institute (TRI) is investing an initial $100 million to launch Toyota AI Ventures , a new corporate venture capital subsidiary designed to provide early-stage financing to startup technology companies. TRI participated in SLAMcore’s seed financing in March 2017.

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Electric bus market and trends 

Electric Vehicles India

BYD received Israel’s largest electric bus order. In a recent trend of electric vehicles and electric bus segment, the Egged, Public transport operator and the largest bus company in Israel has ordered 100 purely electric 12-metre buses from BYD. Electric bus market and trends .

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BMW Group to offer 25 electrified vehicle models by 2025, 12 fully electric

Green Car Congress

By the end of 2017, there will be a total of more than 200,000 BMW Group electrified vehicles on the road. These are key elements of our corporate strategy, NUMBER ONE > NEXT, our roadmap for the future. Our test fleet is now on the roads in Germany, Israel and the US – making daily trips. —Harald Krüger.

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Audi sponsors AI conference NIPS 2016, demonstrates how car develops intelligent parking strategies

Green Car Congress

The Audi global network encompasses not only research institutes, but also companies from hotspots in California’s Silicon Valley, Europe and Israel. Audi will use the software for the first time in 2017, in the central driver assistance controller (zFAS) in the new generation of the Audi A8.

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