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Daimler first automotive company to test UBQ’s climate-positive thermoplastic material in auto parts

Green Car Congress

Daimler announced a trial and development partnership with Israeli cleantech company UBQ Materials to explore the use of UBQ’s climate-positive material in the production of automobile parts. UBQ operates a test plant in southern Israel which already supplies UBQ to the plastic industry with a capacity of 5,000 tons per year.

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Toyota invests in V2X chipset company Autotalks

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Israel-based Autotalks, a developer in V2X (Vehicle to Everything) communication chipsets ( earlier post ), has completed its Series D round with about $40 million in investments, an oversubscription of $10 million. Additionally, current Autotalks’ investors increased their investment in the company.

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Karamba Security raises $10M in new funding; round led by VinFast

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Israel-based Karamba Security , a leading developer of endpoint protection for connected devices, has secured $10 million in new funding in an extension to its B Round financing. Investors in the round were motivated by Karamba’s strong customer base and leadership in IoT and automotive security.

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Intel completes tender offer for Mobileye; accelerating autonomous driving

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Intel Corporation and Mobileye N.V. The combination of Intel and Mobileye will allow Mobileye’s leading computer vision expertise (the “eyes”) to complement Intel’s high-performance computing and connectivity expertise (the “brains”) to create automated driving solutions from cloud to car.

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Intel to acquire Mobileye for $15.3 billion; targeting autonomous driving

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Intel Corporation announced a definitive agreement under which Intel would acquire Mobileye, a global leader in the development of computer vision and machine learning, data analysis, localization and mapping for advanced driver assistance systems and autonomous driving. per share in cash, representing an equity value of approximately $15.3

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Toyota Research Institute launches Toyota AI Ventures with $100M investment

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Toyota Research Institute (TRI) is investing an initial $100 million to launch Toyota AI Ventures , a new corporate venture capital subsidiary designed to provide early-stage financing to startup technology companies. TRI participated in SLAMcore’s seed financing in March 2017.

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BMW Group to offer 25 electrified vehicle models by 2025, 12 fully electric

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We call the driving forces of future mobility the ACES: Automated, Connected, Electrified, and Services – specifically, mobility services. These are key elements of our corporate strategy, NUMBER ONE > NEXT, our roadmap for the future. Our test fleet is now on the roads in Germany, Israel and the US – making daily trips.