article thumbnail

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

Green Car Congress

Mobileye is a growth engine for Intel as the company transforms for a world where the exponential growth of data fuels demand for technology solutions that can process, move and store more data faster. Moovit was founded in 2012 and is based in Tel Aviv, Israel, with approximately 200 employees. Intel acquired Mobileye in 2017.

article thumbnail

Adgero signs €3.5M deal with ultracap manufacturer Skeleton for road freight KERS

Green Car Congress

During braking, the unit becomes a generator, recovering kinetic energy that would otherwise be lost as heat and storing it in the ultra-capacitors. Under the deal for 2016 and 2017 Adgero will purchase hundreds of SkelMod units in a deal worth approximately €3.5

article thumbnail

Toyota Research Institute exploring blockchain technology for development of new mobility ecosystem

Green Car Congress

The blockchain can store data about the vehicle’s usage and information about vehicle owners, drivers and passengers. TRI and its partners announced the new research thread at Consensus 2017 , a leading blockchain technology summit in New York.

Toyota 186
article thumbnail

BP invests in ultra-fast charging battery company StoreDot

Green Car Congress

BP Ventures has invested $20 million in Israel-based ultra-fast charging battery developer StoreDot. The electric vehicle will have a pack comprising of hundreds of EV flash battery cells that can store enough energy for a full EV range on a 5-minute charge. Earlier post.)

Charging 170
article thumbnail

Technion team devises method for on-demand H2 production from water and aluminum for aviation applications

Green Car Congress

Aerospace engineers at the Technion-Israel Institute of Technology have developed and patented a process for on-demand hydrogen production from the reaction of activated aluminum powder and water for commercial aircraft applications. 2017.02.037.

Water 150
article thumbnail

A Smart Artificial Pancreas Could Conquer Diabetes

Cars That Think

A normally functioning pancreas recognizes the incoming sugar rush and secretes insulin to allow the body's cells to absorb it so that it can be used as energy or stored for such use later on. The system was cleared by the FDA for clinical use in 2017. This process brings the glucose level back to normal. However, in people with.

Personal 144
article thumbnail

Remembering Data Compression Pioneer Jacob Ziv

Cars That Think

Ziv, an electrical engineering professor at the Technion —the Israel Institute of Technology, in Haifa—and his colleague Abraham Lempel perfected the lossless compression technique, enabling perfect data reconstruction. After a year, he moved back to Israel and rejoined the Ministry of Defense as head of its communications division.

Tribute 91