Items tagged with (nyse:tm)
Every new technology experiences growing pains; there is typically a period of innovation and then a period of standardization. The autonomous vehicle market is no exception. Industry leaders recently agreed to establish a common hardware and software platform for autonomous vehicles. The new Autonomous Vehicle Computing Consortium (AVCC) was announced at Arm TechCon 2019. This consortium includes leaders from companies such as Arm, Bosch, Continental, DENSO, GM, NVIDIA, NXP Semiconductors, and Toyota. They hope that other automotive and technology companies will join the consortium in the future. Dipti Vachani of Arm remarked, “The future of mobility and the safe, scalable deployment of...
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Toyota is developing a new 'hypercar' that is based on its TS050 Hybrid LMP1 race car that won Le Mans. Called the GR Super Sport Concept, Toyota's Gazoo Racing (TGR) division showed off the at the 86th edition of the 24 Hours of Le Mans, after having first revealed it at the 2018 Tokyo Auto Salon in January. The news at Le Mans is that Toyota is bringing the race car (or hypercar) to the consumer market, meaning it will be road legal at some point. "The development of Toyota's next generation of super sports car has started. It takes the cutting-edge hybrid electric systems and fuel economy technology that the TGR WEC team has tested and refined during the past six years in WEC, and showcases...
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Gas prices being what they are, we are always encouraged when automakers announce advancements in electrical battery technologies that could one day flip the automobile industry on its head. So it goes with Toyota—the Japanese automaker this week said it is getting close to a breakthrough in electric car battery technology that could see electrical vehicles drive a greater distance before needing a recharge.The new battery type Toyota is working on is a solid electrolyte that would lead to smaller and lighter batteries. In theory, these compact batteries could hold a higher charge than the batteries that are in use by electrical vehicles today. While there is still work to be done, Toyota said...
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Toyota is tapping NVIDIA to deliver the necessary artificial intelligence hardware that will power the automaker's autonomous driving systems. In doing so, Toyota joins a growing and impressive list of automotive partners that have teamed up with NVIDIA to push the autonomous vehicle category forward, a category that Toyota has spent more than two decades researching and developing. The Japanese automaker will use NVIDIA's Drive PX computer platform to power advanced autonomous driving systems that will be introduced in future vehicles. It is a joint collaboration in which engineering teams from both companies have already started developing software on NVIDIA's AI platform. "Toyota has worked...
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Toyota this week announced that it's partnering up with Microsoft in various ways to push new connected car technologies to the masses. The initiative begins with the launch of Toyota Connected, a new company that will serve as a data science hub for Toyota's operations around the world. "Toyota Connected will help free our customers from the tyranny of technology. It will make lives easier and help us to return to our humanity," said Zack Hicks, Chief Executive Officer of Toyota Connected and Chief Information Officer at Toyota Motor North America. "From telematics services that learn from your habits and preferences, to use-based insurance pricing models that respond to actual driving patterns,...
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Toyota today announced that it will establish a new company that will serve as an research and development enterprise with an initial focus on artificial intelligence and robotics. Called Toyota Research Institute Inc. (TRI), the newly formed operation will be headquartered in Silicon Valley near Stanford University in Palo Alto, California. There will also be a second facility near the Massachusetts Institute of Technology (MIT) in Cambridge, Massachusetts. Between the two, Toyota has committed to an initial investment of $1 billion over the next five years, which will go towards creating the new facilities, staffing them, and conducting operations. Another $50 million will come from MIT and...
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Google is engrossed with self-driving cars and Apple has reportedly assembled a super team of engineers to build an electric vehicle to take on Tesla. Whether or not either venture makes it into the mainstream is something we won't know for at least several more years, but in the meantime, both companies are also jockeying for dominance in the in-car dash market. As in-car electronics become more sophisticated and connected with our mobile devices, there's definitely a growing market for platforms like Google's Android Auto and Apple's CarPlay. And as each company makes its respective pitch, expect more and more dealerships around the country to begin offering these platforms, either as standard...
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