connected vehicles News

How Big Tech Hopes to Turn Cars into Connected Revenue Machines

Technology companies transformed smartphones and televisions into continuous fountains of revenue. Now, big tech wants to work with automakers to do the same thing for your car. With the widespread rollout of autonomous vehicles still years away, the two industries …

Look! Up in the Sky. Uber and Hyundai Unveil Air Taxi.

Uber and Hyundai Motor Co. announced they will develop Uber Air Taxis for a future aerial ride share network. The companies unveiled a new full-scale aircraft concept at the Consumer Electronics Show (CES) in Las Vegas. In this partnership, Hyundai …

Auto Supplier Bosch Teams with Startup Mojio to Connect Vehicles to Digital Services

German auto supplier Robert Bosch GmbH is teaming with Canadian startup Mojio to get more vehicles connected wirelessly to a wide range of digital services, from insurance companies to emergency responders, the companies said on Wednesday. Bosch said it was …

XL Catlin’s Accelerate Unit Appoints Artificial Intelligence Expert from Tesco

XL Catlin announced the appointment of Ashish Umre as Accelerate partner, Artificial Intelligence (AI), based in London. Accelerate is XL Catlin’s internal disruption and innovation team, which was established in November 2016 to leverage commercial opportunities arising from new technologies …

XL Catlin Participates in Consortium Bringing Driverless Cars to UK

Oxbotica, the Oxford-based artificial intelligence company that is developing driverless cars for the UK, announced it is leading a consortium of companies that plans to trial a fleet of fully autonomous vehicles in urban areas and on motorways, culminating in …

Self-Driving Cars to Transform Motor Insurance in Liability Shift: Fitch

Widespread use of autonomous vehicles will completely transform the motor insurance sector over the long term when liability begins to shift towards manufacturers and traditional risk pools shrink, according to a report published by Fitch Ratings. “The question of who …

When Will Self-Driving Cars Be Rolled-Out? Carmakers, Suppliers Disagree

Carmakers and suppliers gave widely differing timelines for the introduction of self-driving vehicles on Thursday, showing the uncertainties surrounding the technology as well as a split between cautious established players and bullish new entrants. Chipmaker Nvidia, facing direct competition with …

SoftBank & Honda Aim to Develop Talking Cars that Read a Driver’s Emotions

On the heels of its $32 billion takeover of chip designer ARM Holdings, SoftBank Corp. founder Masayoshi Son is embarking on another “crazy idea”: talking cars that can read a driver’s emotions. The Japanese telecommunications and internet corporation said on …

Internet of Things Is Industry Disruptor that Could Benefit Innovators: Efma Report

The steady advance of the internet of things (IoT) presents a huge number of opportunities for insurers – as well as threats, according to a digest published by Efma*. The rise in connected homes, connected cars and the use of …

Automakers Outpacing Tech Firms in Driverless Car Patents

Automakers, not technology companies, are in the driver’s seat in developing self-driving, “autonomous” cars, and Japan’s Toyota Motor Corp. is best positioned to lead the way, according to a new report on patents for the fast-evolving technology. As automakers enter …