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Vision-oriented AI company Recogni raises $25M; investors include Toyota AI Ventures, BMW i Ventures, Faurecia

Green Car Congress

the designers of a vision-oriented artificial intelligence platform for autonomous vehicles, announced $25 million in Series A financing led by GreatPoint Ventures with participation from Toyota AI Ventures, BMW i Ventures, Faurecia, Fluxunit (VC arm of lighting and photonics company OSRAM), and DNS Capital. Recogni Inc. ,

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BMW Group, Intel and Mobileye bringing Delphi in as partner in autonomous driving platform work

Green Car Congress

The BMW Group, Intel and Mobileye will bring Delphi onboard as a development partner and system integrator for the autonomous driving platform currently under development. —Klaus Fröhlich, Member of the Board of Management of BMW AG for Development. Earlier post.).

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KPMG Survey: execs say connected car generates 10x revenue than a conventional vehicle; market share based on units “outdated”; BEVs #1 trend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

Ford has hired Musa Tariq as vice president and chief brand officer as part of its expansion to an auto and a mobility company. In conjunction with the executive survey, KPMG surveyed 2,400 consumers from 42 countries, to compare their perspective against the opinion of the world’s leading auto executives. —Gary Silberg.

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Top 10 Green Cars revealed

Green Cars News

Green cars are definitely the in-thing in the auto industry and now consumer website kbb.com (part of the Kelley Blue Book) has named its Top 10 Green Cars for 2010. Now before you wonder where the likes of the Nissan LEAF and the Chevrolet Volt are on the list – they are not yet available and [.].

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Opinion: Enablers of disruption in transportation

Green Car Congress

The auto industry has known for a long time that business-as-usual was literally unsustainable. Globally, the automotive industry is being driven to provide more fuel efficient, less polluting and more electrified vehicles primarily by regulatory pressures, although consumer demand is playing its part as well.