Remove Auto Remove Auto Industry Remove BMW Remove Connected
article thumbnail

SiriusXM buying connected vehicle unit of Agero for $530M

Green Car Congress

Sirius XM Radio has entered into a definitive agreement to acquire the connected vehicle services business of Agero, Inc. The acquisition of Agero’s connected vehicle business is a natural fit for Sirius XM. Morgan Stanley acted as financial advisor to SiriusXM in connection with this transaction. for $530 million in cash.

Connect 186
article thumbnail

INRIX and Parkmobile bring end-to-end parking solution to the connected car

Green Car Congress

a leading provider of dynamic connected car services worldwide, and Parkmobile, the leading provider of on-demand and prepaid mobile payments for on- and off- street parking and mobility solutions, announced a strategic partnership at the annual International Parking Institute (IPI) conference. INRIX, Inc.,

Connect 150
article thumbnail

KPMG Survey: execs say connected car generates 10x revenue than a conventional vehicle; market share based on units “outdated”; BEVs #1 trend

Green Car Congress

Advancements such as connectivity, big data, autonomous vehicles and artificial intelligence are driving new economic models for automakers, and most see tremendous revenue potential and consumer value in leveraging driver and vehicle data to offer mobility services, according to the 2017 KPMG Global Automotive Executive Study.

Connect 150
article thumbnail

FCA proposes 50:50 merger with Groupe Renault

Green Car Congress

FCA’s evolving capability in autonomous driving, which includes partnerships with Waymo, BMW and Aptiv, is complemented by Groupe Renault’s decade of experience in EV technology where it is the highest selling EV OEM in Europe. Groupe Renault also has a well-established and profitable financing business (RCI Banque).

article thumbnail

New Ipsos study on autonomous driving finds most Americans simply enjoy the act of driving their vehicle

Green Car Congress

The auto industry is also battling an awareness issue with the new technology. The study revealed there are connected car features drivers would be interested in today. Companies such as Tesla, BMW, and Toyota are considered most likely to build a safe and reliable Autonomous Driving Vehicle in the next five years.

Vehicles 191
article thumbnail

Frost & Sullivan analysis suggests momentum toward supplementary 48V on-board power-net

Green Car Congress

Conventional automobiles of today are partly electric in their own way, with most systems in the vehicle having electrical and electronic connections for better functionality. The automotive industry moved from a 6V supply to a 12V supply more than 30 years ago—and incurred massive investments across the entire ecosystem.

Power 247
article thumbnail

German Battery, German Electric Car?

Plugs and Cars

BMW is pushing hydrogen gas into the most complicated engine ever and dousing the American airwaves and celebrities with this unavailable $500,000 diversion. But somehow, the increasingly low-carbon grid has not enticed either automakers to manufacture or policy makers to create incentives for grid connected cars.