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Volvo Cars Tech Fund invests in Israeli technology start-ups MDGo and UVeye

Green Car Congress

Volvo Cars has made investments in two Israeli technology start-ups through the Volvo Cars Tech Fund, the company’s venture capital investment arm. By using advanced machine learning technology it aims to save numerous lives by making sure that people are treated according to their specific injury following an accident with their car.

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Freudenberg invests in fuel cell and battery technologies

Green Car Congress

Freudenberg Sealing Technologies, one of the world’s leading specialists in sealing technologies for the auto industry, has strengthened its position in the energy and electric mobility sectors with an acquisition and a strategic investment. Accordingly, the company has dual product development paths guiding its efforts.

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UK auto industry warns anti-diesel agenda and slow uptake of EVs could mean missing 2021 CO2 targets; rising CO2 average in 2017

Green Car Congress

The SMMT New Car CO 2 Report 2018: Driving the transition to a low carbon future showed that carbon tailpipe emissions rose last year for the first time in two decades by 0.8% Alongside advances in gasoline and diesel vehicle technology, the industry is investing heavily in alternative technologies. to a new low of 165.4

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Hillcrest Energy and Hercules Electric partner on electric powertrains

Green Car Congress

Hillcrest Energy Technologies, a developer of power conversion technologies and control system solutions for next-generation electrical systems, and Hercules Electric Mobility, a company bringing electric propulsion systems to market for recreational boating and marine applications, have signed a memorandum of understanding (MOU).

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Aston Martin and LeEco partner to co-develop RapidE EV for market intro in 2018; potential to add Faraday Future

Green Car Congress

China-based technology company LeEco and Aston Martin have signed a Memorandum of Understanding (MOU) towards the creation of a partnership that will develop a production version of the Aston Martin RapidE electric vehicle concept—a fully electric version of the Rapide S four-door sports sedan. Earlier post.). Earlier post.).

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Volkswagen I.D. BUZZ to use NVIDIA technology for AI Co-Pilot capabilities

Green Car Congress

At the kickoff of the 2018 International CES, Volkswagen CEO Dr. Herbert Diess and NVIDIA founder and CEO Jensen Huang discussed on stage how AI is transforming the auto industry and highlighted the new I.D. Artificial intelligence is revolutionizing the car. Herbert Diess.

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Tesla Invests in R&D, Not Advertising, & the Results Speak for Themselves

CleanTechnica EVs

By Charles Morris Automobiles and advertising are symbiotic industries. The auto industry dropped over 14 billion bucks on ads in the US in 2018, a spend second only to that of the (much more fragmented) retail industry. Originally posted on EVANNEX.