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Toyota and NTT enter long-term cooperation and capital alliance to commercialize smart city platform

Green Car Congress

Toyota Motor Corporation and NTT Corporation entered into a memorandum of understanding concerning a business and capital alliance to build a long-term and continuous cooperative relationship that enables the commercialization of smart city businesses via the realization of a smart city platform. Smart city platform. Earlier post.)

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Hyundai and Kia invest in autonomous vehicle technology company Aurora

Green Car Congress

Hyundai Motor Company and Kia Motors Corporation have invested in Aurora to accelerate development of autonomous vehicle technologies. Hyundai and Kia’s partnership with Aurora is part of the Group’s ongoing efforts to lead the autonomous driving domain. —Sterling Anderson, Co-founder and Chief Product Officer of Aurora.

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Audi leads $28M Series C round in Silvercar; developing Audi Shared Fleet

Green Car Congress

The Series C announcement comes as Silvercar unveiled enhanced digital and mobile platforms designed for an optimized user experience and expands into Las Vegas, its 12 th market. Silvercar also received funding from Series B investors including Austin Ventures and Eduardo Saverin, co-founder of Facebook.

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Mercedes-Benz running automated test drive in Shanghai; infrastructure peculiarities

Green Car Congress

An important part of the activities of R&D China is to capture and process the local traffic conditions and practices for the development of automated driving functions. The final stop of the Intelligent World Drive will be the CES in Las Vegas in January 2018.

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Hertz introduces the Tesla Model S to expanding US Dream Cars lineup

Green Car Congress

The Hertz Corporation has expanded its Dream Cars offering with the introduction of the all-electric Tesla Model S in the US. Hertz Dream Cars, offered in 35 markets including Los Angeles, Miami and Las Vegas, include: Aston Martin V8 Vantage. Audi R8, Spyder. Bentley Continental GT. Cadillac CTS-V. Ferrari (California, F430).

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Aptiv to cut stake in robotaxi tech firm Motional, stop funding – ET Auto

Baua Electric

Aptiv will reduce its stake in self-driving technology joint venture Motional and will stop further funding after incurring millions in losses related to the investment, the auto parts supplier said on Wednesday. It has been offering the service in Las Vegas through Uber and Lyft. It reported adjusted earnings of USD 1.40

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KPIT and Microsoft develop AI-driven aftermarket solution | Autocar Professional

Baua Electric

By being able to enhance operational efficiency and boost first-time-fix rate, workers can ultimately improve both profitability and customer satisfaction,” said Dominik Wee, Corporate Vice-President for Manufacturing and Mobility, Microsoft.