Automotive Archives | Be Korea-savvy

Archive by category Automotive

Faraday Future Announces New Plan for Product Delivery and Unveils Futurist Testing Lab

Faraday Future Announces New Plan for Product Delivery and Unveils Futurist Testing Lab

LOS ANGELES, Sept. 23 (Korea Bizwire) — Faraday Future (FF), a California-based global shared intelligent mobility company, announced the latest equity financing, IPO, and FF 91 delivery strategy at its annual 919 Futurist Day on Sept. 19, 2019. According to the new plan, FF 91 will kick off its delivery in approximately nine months following [...]

LeddarTech Appoints Richard LaRue, a Seasoned Corporate International Lawyer, to its Executive Team

LeddarTech Appoints Richard LaRue, a Seasoned Corporate International Lawyer, to its Executive Team

QUEBEC CITY, Apr. 23 (Korea Bizwire) — LeddarTech®, an industry leader providing the most versatile and scalable auto and mobility LiDAR platform™, is pleased to announce the appointment of Mr. Richard LaRue as Chief Legal Officer. Mr. LaRue has worked extensively with software and biotech companies, as well as start-ups, in all aspects of their [...]

LeddarTech Joins Baidu’s Apollo Autonomous Driving Open Platform

LeddarTech Joins Baidu’s Apollo Autonomous Driving Open Platform

QUEBEC CITY, Jan. 8 (Korea Bizwire) — LeddarTech, an industry leader providing the most versatile and scalable auto and mobility LiDAR platform, announced the integration of LeddarTech’s LiDAR products into Apollo, Baidu’s autonomous driving open platform. LeddarTech’s products will now be compatible with Apollo 3.5, the latest version of the platform, through the integration of [...]

LeddarTech Signs Nagase & Co. Ltd as Its Exclusive Distributor for Japan

LeddarTech Signs Nagase & Co. Ltd as Its Exclusive Distributor for Japan

QUEBEC CITY, Jan. 7 (Korea Bizwire) — LeddarTech, an industry leader providing the most versatile and scalable auto and mobility LiDAR platform, today announced that it has selected Nagase & Co. Ltd. as the distributor of its solid-state LiDAR solutions for ADAS and autonomous vehicles in Japan. “We are honored to represent LeddarTech’s visionary LiDAR [...]

LeddarTech Delivers Production Samples of the LeddarCore LCA2 System-on-Chip for Mass-Market Automotive LiDARs

LeddarTech Delivers Production Samples of the LeddarCore LCA2 System-on-Chip for Mass-Market Automotive LiDARs

QUEBEC CITY, Jan. 7 (Korea Bizwire) — LeddarTech, an industry leader providing the most versatile and scalable auto and mobility LiDAR platform, announces the availability of production samples of the LeddarCore LCA2 system-on-chip (SoC), which offers enhanced LiDAR performance and resolution in a design that conforms to functional safety requirements. The LCA2 SoC allows Tier-1 [...]

LeddarTech Selects BlackBerry’s QNX Operating System for its Auto and Mobility LiDAR Platform

LeddarTech Selects BlackBerry’s QNX Operating System for its Auto and Mobility LiDAR Platform

QUEBEC CITY, Dec. 18 (Korea Bizwire) — LeddarTech, an industry leader providing the most versatile, scalable Auto and Mobility LiDAR Platform, today announced it has selected the QNX OS for Safety as the operating system for its LeddarSP Digital Signal Processing library. The LeddarSP software works in tandem with LeddarCore systems-on-chip to form the LeddarEngine, [...]

LeddarTech Accelerates Momentum with $US 23.7 Million in Bridge Financing

LeddarTech Accelerates Momentum with $US 23.7 Million in Bridge Financing

QUEBEC CITY, Dec. 4 (Korea Bizwire) — LeddarTech, an industry leader providing the most versatile and scalable automotive LiDAR development platform, announces the successful closing of a $US 23.7 million ($CDN 31.4 million) bridge. These funds will enable the company to continue the expansion of its research and development teams to accelerate the introduction of [...]

Daimler Financial Services AG Announces Top Management Rotation

Daimler Financial Services AG Announces Top Management Rotation

Stuttgart, Germany, Nov. 15 (Korea Bizwire) — Daimler Financial Services AG announced today that Klaus Entenmann, Chairman of the Daimler Financial Services AG Board of Management (BoM), will step down from his position in May 2019. This move allows a smooth transition to a new leadership team before his scheduled retirement in December 2019. The [...]

Perceptive Automata Announces $16M in Series A Funding Led by JAZZ Venture Partners to Advance Human Intuition for Self-driving Cars

Perceptive Automata Announces $16M in Series A Funding Led by JAZZ Venture Partners to Advance Human Intuition for Self-driving Cars

SOMERVILLE, Mass., Oct. 9 (Korea Bizwire) — Perceptive Automata, the leading provider of human behavior prediction software for machines, announced today that it has raised $16 million in Series A funding. The oversubscribed round was led by JAZZ Venture Partners with participation from Toyota AI Ventures, Hyundai Motor Company, and existing investors First Round Capital [...]