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Hyundai, Kia join China’s Baidu to develop connected cars – ET Auto

Baua Electric

Seoul, South Korea’s top carmaker Hyundai Motor and its affiliate Kia said on Sunday that they have inked an agreement with China’s tech giant Baidu to develop technologies for connected cars. The agreement came amid the growing market for connected cars in China.

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Rising disposable income giving a thrust to connected cars in India – ET Auto

Baua Electric

Car variants that are connected feature-rich contribute as much as 45% of sales of a particular model, according to industry estimates. Connected cars are becoming the mainstream choice for many new car buyers in India fuelled by rising disposable incomes and an influx of new models.

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Your connected car may be a hi-tech spying tool for insurers

Baua Electric

Read more Connected cars being used for spying on drivers is a fear that is real and the latest data reveals that insurance companies are using these vehicles as monitoring tools simply testify that. Also Read : Car interiors evolving into living rooms on wheels.

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Volvo Cars Tech Fund invests in electric car charging company FreeWire

Green Car Congress

Volvo Cars has acquired a stake in mobile EV rapid charging company FreeWire Technologies ( earlier post ) via the Volvo Cars Tech Fund. FreeWire is a San Francisco-based company that has been a pioneer in flexible fast-charging technology for electric cars. —Zaki Fasihuddin, CEO of the Volvo Cars Tech Fund.

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Huawei’s smart car tech offers automakers route to China sales – ET Auto

Baua Electric

It’s taken Huawei just four years to become a force in smart car technology , navigating the devastation of trade sanctions on its smartphones business while simultaneously developing a driver assistance system that is the darling of the Beijing auto show. Audi said it does not comment on suppliers.

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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. Both UVeye and MDGo have their headquarters in Tel Aviv, where Volvo Cars has been involved with DRIVE, an accelerator for young companies in the mobility sector, since 2017.

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China's Huawei Establishes ‘Smart Car’ Unit With Changan Auto

The Truth About Cars

The telecommunications giant has established Shenzhen Yinwang Intelligent Technology with a registered capital of 1 billion yuan ($140 million USD) and a focus on smart car equipment manufacturing, artificial intelligence system integration services, and AI software development. These brands include Aito with Seres and Luxeed with Chery.

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