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Porsche SE acquires ~10% stake in real-time traffic information company INRIX; 1st step to complementing investment in VW AG

Green Car Congress

Porsche Automobil Holding SE has acquired a stake of around 10% in INRIX, one of the leading providers of real-time traffic information. Porsche Automobil Holding SE is a listed holding company and holds the majority of the ordinary shares in the Volkswagen Group, one of the world’s leading automobile manufacturers.

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Michelin logs 20th consecutive Le Mans win for its tires

Green Car Congress

Since the beginning of its uninterrupted sequence of 20 Le Mans victories in 1998, Michelin has won the Le Mans 24 Hours in association with Audi, Bentley, BMW, Peugeot and Porsche. Michelin is currently working on a new generation of more energy-efficient, connected tires incorporating advanced biotechnologies. —Pascal Couasnon.

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Volkswagen Group and Tata Motors Ltd. to explore strategic alliance for joint development projects; ŠKODA to lead

Green Car Congress

Our aim with the envisaged strategic partnership with Tata Motors is to lay the foundations in the Group and the brands that will enable us to offer customer-oriented mobility solutions in the emerging, fast-growing automobile markets, as elsewhere. That is why we are systematically pursuing our regional growth strategy. billion in 2015-16.

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VW Team’s AV tool platform behind schedule till next key Audi, Porsche launches

Baua Electric

platform, Mobileye CEO Anmon Shashua instructed Automobile Information Europe. He has appointed Bentley manufacturing prominent Peter Bosch to govern the tool unit from June 1, changing Dirk Hilgenberg, who might be given alternative duties inside VW Team. Two tool mavens will connect Cariad’s control board along Bosch.

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DARPA awards up to $20M to NVIDIA to research high-performance, highly energy-efficient embedded processors for autonomous vehicles

Green Car Congress

NVIDIA processors are used in a wide variety of embedded applications today, including automobiles made by Audi, BMW, Tesla and Lamborghini, aircraft including the F-22 Raptor, and US Army tanks. NVIDIA researchers will work on the program with academic partners at the. NVIDIA and Audi. —NVIDIA.

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Convincing Consumers To Buy EVs

Cars That Think

EV start-up Lucid is struggling with a range of software woes, and software problems have pushed back launches years at Audi, Porsche and Bentley EVs, which are part of Volkswagen Group. King notes, “In the early days of automobiles, drivers and chauffeurs had to monitor and be able to fix their vehicles. They were like engineers.

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