Toyota and Softbank team up on ride-sharing, driverless tech unit October 4, 2018 Toyota and Softbank have unveiled a partnership that will see the two companies collaborate on transport services that utilise self-driving technology. Named Monet, a play on the longer term Mobility Network, the new venture will be initially funded at ¥2bn (£13.5m), with Softbank taking a stake of just over half of the business. “SoftBank alone and automakers alone [...]
Dyson writes off £46m on battery developer Sakti 3 September 23, 2018 Vacuum cleaner manufacturer Dyson has written off £46m on US battery developer Sakti 3. Dyson Technology bought the company, which is a spin-off from the University of Michigan, for $90m (£58m at the time) in 2015 as part of its strategy to develop an electric car. Read more: Dyson plugs £200m into driverless cars UK technology campus Accounts for [...]
Uber partners with University of Arizona to beef up its research into self-driving cars August 26, 2015 Uber’s getting serious about driverless cars, after the ride-hailing app teamed up with the University of Arizona to research new technology for autonomous cars. The strategic partnership between the two will focus on the optics systems needed to make driverless cars safe for roads, according to a statement from Uber: We’ll work with some of [...]
Self-driving cars: This is why they won’t reach our roads for a long time August 25, 2015 There’s much excitement about the future of the self-driving car. We've heard endless discussions about Google's version ever since it was first launched in 2010, and now Apple has jumped on the bandwagon, too. Read more: Driverless car technology to get £20m UK government funding and testing guidelines introduced In fact, earlier this year [...]
TfL Tube strike 26 and 28 August 2015: Driverless trains would break the militant unions forever August 23, 2015 This week, fed-up Londoners will be forced to endure two more Tube strikes. And this despite Transport for London having already offered the unions: a two per cent salary increase this year, inflation-protected rises in 2016 and 2017, a £500 bonus for all staff on Night Tube lines, £200 extra per Night Tube shift for [...]
Meet the Gartner Hype Cycle for 2015: It’s all about self-driving cars and smart dust in emerging tech trends August 18, 2015 You've probably heard of the self-driving car, but smart dust probably isn't on your radar just yet. That's because the autonomous vehicle trend has hit what's known as the peak of inflated expectation. Smart dust on the other hand, is at the earliest stage of innovation, as defined by Gartner in its annual research on [...]
Audi, BMW and Daimler accelerate driverless car plans with €2.8bn Nokia Here Maps deal August 3, 2015 A group formed of some of the world’s biggest car manufacturers has bought Here, the maps arm of former mobile giant Nokia, in a €2.8bn (£1.97bn) deal designed to help them step driverless car development up a gear. German car firms Audi, BMW and Mercedes maker Daimler reportedly fought off competition from startup darling Uber, [...]
AP Archive: Look, no hands – the driverless car, as imagined in 1971 July 22, 2015 The race to build the driverless car may be the height of modern technology, but researchers were already dreaming of a self-driving vehicle 40 years ago – and making it happen. New footage reveals early attempts by scientists to create a driverless car – and the result isn't half bad. "Look no hands. And no [...]
Is Apple planning an iCar? Tim Cook hires Chrysler executive Doug Betts as it eyes Tesla, Google and Uber over electric cars July 21, 2015 Not content with taking over our ears (Apple Music) and wrists (Apple Watch) this year, Apple may now have its sights set on taking over our roads. Tim Cook has hired the an executive from Chrysler, fueling speculation that there may be an iCar coming down the road. Doug Betts, a former senior vice president [...]
Driverless car technology to get £20m UK government funding and testing guidelines introduced July 19, 2015 The fledgling technology of driverless cars will benefit from a £20m windfall designed to help the UK speed ahead in the race to create autonomous vehicles. The government has earmarked new funding for the research and development of technology for driverless cars – an industry which could be worth up to £900bn within the next decade. "To [...]