 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
| . |  |
. |
 by Staff Writers San Francisco (AFP) Feb 15, 2019
Electric vehicle startup Rivian on Friday announced a $700 million investment round led by Amazon, which recently pumped money into a young self-driving car technology firm. Details of Amazon's stake in US-based Rivian were not disclosed, but the company said it will remain independent. The potential Tesla rival late last year unveiled an electric pickup truck and an electric sport utility vehicle at an auto show in Los Angeles. The vehicles were to be manufactured at the startup's plant in Illinois, with deliveries to customers expected to begin late in 2020. "We're inspired by Rivian's vision for the future of electric transportation," Amazon worldwide consumer chief Jeff Wilke said in a release. "We're thrilled to invest in such an innovative company." Rivian founder and chief executive RJ Scaringe referred to the investment round as an important milestone for the startup on a road to "sustainable mobility." Rivian has a team of more than 750 people and development centers in the US and England, according to the startup. Its vehicles use the company's "flexible skateboard platform" and will be produced at its manufacturing plant in Illinois, according to the release. Amazon earlier this month said it was investing in Aurora Innovation, a self-driving car technology startup founded by former Google, Tesla and Uber executives. Aurora is developing the technology for autonomous vehicles, but leaving the making of cars to other companies and said in a blog post it wants to work alongside, rather than compete with, leading automakers. Aurora is led by Chris Urmson, former head of the Google self-driving car initiative.
UN eyes rule for automatic emergency braking systems in new cars Geneva (AFP) Feb 12, 2019 Dozens of countries have come out in favour of fresh international regulation requiring all new cars and lighter motor vehicles to be equipped with automatic emergency braking systems, the UN said Tuesday. The United Nations Economic Commission for Europe said around 40 countries had so far agreed to a draft UN regulation for Advanced Emergency Braking Systems (AEBS) in cars. "This will significantly improve road safety, especially in cities, where in the European Union alone, over 9,500 fatalit ... read more
|
|||||||||||||
|
|
| The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us. |
del.icio.us
Digg
Reddit
Google
