Ann Arbor’s May Mobility to deploy autonomous vehicles globally with new partnership | Click on Detroit
AV technology company May Mobility has partnered with global transit technology company Via to deploy AVs across the U.S. and the world. Over the next three years, the partnership will launch thousands of AVs for public transit.
“May Mobility and Via share a deep belief in technology’s ability to provide equitable transit solutions,” said Manik Dhar, chief commercial officer for May Mobility. “Our partnership means that we can leverage each other’s strengths to address a larger customer base globally. The communities we serve benefit from our combined depth of autonomy technology experience and fleet deployment solutions.”
Ford launches new automated driving tech subsidiary | Detroit News
Ford Motor Company has announced the formation of a unit that will develop automated driving technology for the automaker’s vehicles. Dubbed Latitude AI, the unit will be a wholly-owned Ford subsidiary that initially will focus on developing a hands-free, eyes-off system for next-generation Ford vehicles.
Our Next Energy leads nearly $650 million investment haul for auto tech companies | Crain’s Detroit Business
Private equity investors plowed at least $647.5 million into automotive-related startups in February – nearly half of it into Novi-based Our Next Energy (ONE). Of that, $457.5 million went to companies working on battery technology, one of the safer bets in the EV space thanks to the federal government’s industrial policy and incentive programs.
While automakers invest billions on EV development and production, new suppliers of batteries or battery components are emerging to support their efforts, and venture capital is an important way for those companies to raise money to fund research or build out operations.
UL Solutions to Develop Battery Testing Lab in Auburn Hills | DBusiness
UL Solutions, an Illinois-based applied safety science and testing company, has announced plans to open a new battery testing laboratory in the Auburn Hills Oakland Technology Park in mid-2024. The new laboratory will house state-of-the-art battery test equipment so that UL Solutions can deliver safety testing and performance services for automotive and industrial OEMs and their suppliers. When completed, the facility will be one of the most extensive battery testing and engineering la