Browsing: Autonomous Vehicle

Anicut Capital managed a combination of financing and equity rounds that brought in INR 60 crore (USD 7.2 million) for the engineering and technology services business BlueBinaries. This calculated investment will help BlueBinaries continue to grow internationally while fulfilling its goal of providing cutting-edge technology services and solutions to the mobility sector.

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Nikola Corporation, a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand, together with ITD Industries, opened the first commercial hydrogen refueling station for the heavy-duty transportation sector in Ontario. The station, located at ITD Industries’ headquarters in Etobicoke, ON, is situated at 161 The Westmall, a pivotal location near Highway 401, Highway 427, and the Queen Elizabeth Highway (QEW).

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According to the news report from the technology-focused media DIGITIMES Asia, supply chain sources noted that Nvidia collaborates with numerous Tier 1 suppliers and automakers, continuously adjusting and enhancing its platform based on customer feedback and demands. Unlike Tesla, which focuses primarily on cameras, Nvidia’s platform is compatible with various sensory components and systems. Nvidia also has ample computational resources at its disposal, ready to capitalize on the autonomous driving boom whenever it occurs.

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“This is an exciting moment for Innoviz as we collaborate with a major global OEM on a new product,” said Omer Keilaf, CEO and Co-Founder of Innoviz Technologies. “As the L4 market is starting to ramp-up, we are happy to be able to provide a complete set of solutions to meet the needs of OEMs worldwide and support the acceleration of AV adoption across all sectors.”

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