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Velodyne Lidar acquires AI software company Bluecity

Green Car Congress

Velodyne Lidar has acquired Bluecity, a Montreal-based artificial intelligence (AI) software company, in an all-stock transaction. Velodyne Lidar and Bluecity Intelligent Infrastructure Solution installed in San Jose, California. The addition of Bluecity is expected to be immaterial to operating expenses and cash usage.

San Jose 369
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DOE releases three reports showing strong growth in US fuel cell and hydrogen market

Green Car Congress

In 2012, nearly 80% of total investment in the global fuel cell industry was made in US companies. The US, Germany, Sweden, Denmark, Finland, Japan, and other countries bolstered efforts to deploy hydrogen fueling infrastructure. For example, San Diego has installed 2.4 2012 Fuel Cell Technologies Market Report.

Hydrogen 284