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BlackBerry, University of Waterloo and Erwin Hymer Group to Test Self-Driving Cars in Ontario

1 Dec blackberry-wallpaper-14-990x557

By Mudit Mohilay, The Tech Portal

The self-driving car fever seems to have gripped the planet. From almost every other corporation attempting to create the perfect self-driving system, to countries willing to offer roads for public testing (now that the technology is finally stable) it seems like we won’t have to wait for much longer before we can take our hands off the steering wheels for good. BlackBerry is now joining in on the fun. (more…)

Daimler May Make a Mammoth, 10 Billion Euro Investment in Electric Vehicles

29 Nov daimler

By Mudit Mohilay, The Tech Portal

Electric vehicles are quickly becoming the future. Not just the economically viable and environmentally better future, but also one that has luxurious and state of the art cars in it. Tesla has already proved that it is possible to mix style with high-end, sustainable technology. Now, German carmaker Daimler is planning to invest up to 10 billion euros ($11 billion) in developing electric vehicles. (more…)

Asia-Pacific Automotive Industry Now a Powerful Revenue Generator for Robot Manufacturers

24 Nov tech image

The automotive industry accounted for 49.3 percent of the global demand for robots in 2015, spurred by the rising digitization of manufacturing plants and pervasiveness of Industrial Internet of Things (IIoT). (more…)

nuTonomy Will Begin Testing Its Self-Driving Cars in Streets of Boston Later This Year

23 Nov jlxp0167-990x635

By Anmol Sachdeva, The Tech Portal

nuTonomy, the Singapore-based startup which beat Uber to introduce first public trials of its self-driving cars, is now gearing up to run its self-driving cars in the streets of Boston. The company today announced that it has signed an agreement with Boston officials to bring its autonomous technology to the city later this year. (more…)

Tesla’s Latest Software Update Makes Its Electric Cars Run Even Faster

19 Nov tesla_model-696x400

By Anmol Sachdeva, The Tech Portal

Wildly popular electric automaker Tesla is planning to make its vehicles even faster than before through a new software update. Yes, you’re reading it right. The company wants to scrunch all the juice present within these electric vehicles to become the fastest electric supercar on the face of this planet. (more…)

Toshiba Develops New Magnet for Electric-Car Engine

16 Nov toshiba_flickr1125-624x468

Toshiba announced on Nov. 10 that it has developed a new kind of magnet for use in electric-car and industrial engines, as well as wind turbines, which substitutes rare earth samarium for dysprosium, reported Nikkei Shimbun. (more…)

Intel Announces $250 Million Investment for Autonomous Driving

16 Nov intel-new-600x400

Delivering his keynote address at the LA Auto Show’s AutoMobility conference, Brian Krzanich, Intel Corporation chief executive officer, today announced that Intel Capital is targeting more than $250 million of additional new investments over the next two years to make fully autonomous driving a reality. This is the first time Intel is keynoting at an automotive conference, signifying how critical the automotive market has become for the company. (more…)

Siemens and Bentley Systems Advance Strategic Alliance Including Joint Investment Initiatives

11 Nov money 2

Siemens and Bentley Systems announced today that they have formalized a strategic alliance agreement to drive new business value by accelerating digitalization to advance infrastructure project delivery and asset performance in complementary business areas. (more…)

Returning Demand Expected to Increase xEV Sales in China to 550,000 for 2016, Says TrendForce

8 Nov shutterstock_121821430-624x416

China’s xEV (plug-in) vehicle market through 2016 has been roiled by news of government fining auto makers for falsely claiming subsidies. Though the scandal has reduced some of the expansionary momentum in the Chinese plug-in vehicle market, sales are expected to grow significantly in this year’s fourth quarter because buyers are spurred by the further reduction of purchase subsidies next year. (more…)

Tesla Bans Buyers from Using the Self-Driving Capabilities of Its Cars for Uber or Lyft

22 Oct tesla-model-3-e1459456119157

By Mudit Mohilay, The Tech Portal

Tesla made fans very happy on Thursday when it announced that all of its future cars will now come pre-loaded with self-driving hardware. While that does not mean that you can hop on to the passenger seat and hope for it to just whisk you away to your destination, it does mean that the capabilities will certainly be there. And given a few years, you could do just that. However, the company has also made sure to forestall smart-alecks who are thinking of running a business by buying Tesla cars and putting them to work with Uber or Lyft. (more…)