In a pioneering collaboration, Wipro Limited has optimized FORVIA’s Advanced Driver Assistance Systems (ADAS), marking a significant stride for the automotive technology supplier, ranked the seventh-largest globally. This partnership enabled FORVIA to use Wipro Engineering Edge’s Cloud Car platform, enhancing vehicle safety and user comfort through advanced microservices and containerized architecture. Seamless Integration of ADAS […]
In a groundbreaking move that underscores the growing synergy between technology and the automotive industry, Infosys (NSE, BSE, NYSE: INFY), a global leader in next-generation digital services and consulting, has officially announced a strategic collaboration with Polestar (Nasdaq: PSNY), the Swedish electric performance car brand. This partnership marks a significant step toward enhancing Polestar’s capabilities […]
Global automotive supplier Varroc Engineering Ltd has appointed Dr. Karl-Heinz Glander as the new Head of Research and Development for Business II. Dr. Glander’s appointment is a strategic move for Varroc Engineering Ltd, a prominent global tier-1 automotive component group. In his new role, Dr. Glander will spearhead the company’s innovation and technology strategies, playing […]
Silicon Valley’s lidar leader Cepton, Inc. (Nasdaq: CPTN) has announced a definitive agreement for its acquisition by Koito Manufacturing Co., Ltd. (TSE: 7276), a major player in the automotive sector. The deal, valued at $3.17 per share in an all-cash transaction, marks a significant milestone for both companies. This acquisition will see Cepton, known for […]
AEye, Inc. (NASDAQ: LIDR), recognized globally for its innovative lidar solutions, has announced a strategic partnership with LITEON Technology Corporation through a non-binding Letter of Intent (LOI) aimed at enhancing automotive safety. This collaboration is set to channel AEye’s advanced 4Sight-based lidar products to automotive original equipment manufacturers (OEMs), specifically enhancing Advanced Driver Assistance Systems […]
In an announcement that highlights the growing interconnection between artificial intelligence (AI) and the automotive industry, Google Cloud has unveiled an expansion of its strategic partnership with Mercedes-Benz. This collaboration is set to transform key customer experiences through the integration of AI and generative AI (gen AI) technologies, particularly on Google Cloud’s Vertex AI platform. […]
Stellantis Ventures, the corporate venture fund of global automaker Stellantis N.V., has announced a significant investment in SteerLight, a pioneering developer of a new generation of high-performance LiDAR (Light Detection and Ranging) technology. This investment marks a pivotal step forward in the integration of advanced sensing technology into the automotive industry, promising to revolutionize safety […]
Cyient, a global leader in Intelligent Engineering and Technology Solutions, announces its inclusion into the eSync Alliance, thereby marking a significant stride towards the standardization of automotive Over-The-Air (OTA) connectivity. This collaboration is poised to leverage Cyient’s extensive experience in automotive systems and software, including advanced driver assistance systems (ADAS), digital cockpits, and vehicle electrification, […]
