Toyoda Gosei – a Toyota Group company manufacturing rubber and plastic automotive components – is setting up a corporate venture capital department, specifically to invest in start-ups and accelerate innovations. Effective from January 2019 with a three-billion yen budget through till December 2020, this is said to enable it to ...
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With most new cars set to feature some form of connectivity, there is a big opportunity in usage-based insurance (UBI), which is likely to grow sharply in coming years. Paul Stacy, automotive development director for LexisNexis Risk Solutions, explains why following a new deal in which Fiat Chrysler vehicles will connect to the LexisNexis telematics platform in Europe.
A squeeze on automotive suppliers, together with the adaptation of new technology, will lead some major players to play a bigger role in overall vehicle development cycles, especially in shaping customer user experiences
As OEMs look to reduce production costs and manage more complexity, automotive suppliers will face challenges. But with more EV models in the pipeline, many have the opportunity to grab a larger piece of the pie both for manufacturing and supply chain management.
Avis Budget Group (ABG) said it will use the Otonomo platform to provide data from its fleet of connected cars to service providers and other partners.
Jaguar Land Rover is testing whether artificial intelligence (AI) can automatically adapt the in-car environment to a driver’s mood.
Toyota and Denso plan to bundle resources to research what kind of semiconductors will be needed in cars to power next-generation mobility.
