Auto IQ weekly news update, including Ford, Argo AI, VW, JAC, Beam, Voi and BlaBlaCar

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On Automotive IQ this week, we rounded up our Top Five lessons learned from Autonomous Vehicles Online.
From new improvements from Volvo Vehicles to trucking autonomy with Daimler and much extra in between, listed here are 5 of our high picks from the occasion, full with hyperlinks so you’ll be able to rewatch the classes on demand everytime you like.
In case you missed the occasion, you’ll be able to signal as much as watch each session on the occasion web site fully free, just by heading to Autonomous Vehicles Online.

We’re additionally trying ahead to our subsequent completely free occasion – Automotive Safety and Security Online – which takes place on June 30 and July 1. With high audio system already confirmed from NVIDIA, Intel and Continental, it’s certain to be value a watch, and all the main points are under.

Within the meantime, right here’s a couple of tales that caught our eye this week:

Ford and VW seal Argo AI deal

Regardless of setbacks brought on by COVID-19 proper throughout the globe, on June 1, VW finalized its beforehand introduced funding in Argo AI. VW agreed to hitch Ford as a part of a big-dollar collaboration in autonomous expertise for the US and European markets final July. 
Now that the deal has been realised, the 2 companies will work in the direction of a shared aim that splits into three. It’s hoped that the deal will assist share the $4bn prices, enhance the size of autonomy and improve information assortment throughout each VW and Ford manufacturers that can use Argo AI’s tech. 
It additionally signifies a continued deepening of ties between Ford and VW. Each companies not too long ago reaffirmed their commitments to working collectively on numerous tasks. Along with Argo AI, Ford will use VW’s MEB EV toolkit for a European market SUV; Ford will develop a one-tonne pick-up that VW Industrial Automobiles will reskin; whereas a supply van developed by the latter will probably be tailored by the previous. The powertrain has not but been introduced. Fascinating instances…

VW deepens EV funding in China


On the subject of Volkswagen, the German agency has made a strategic transfer to expand its EV joint venture business in China.
First up, Volkswagen has plonked down €1 billion to extend its share in JAC Volkswagen, its three way partnership for e-mobility from 50 to 75 per cent. The funding consists of the acquisition of fifty per cent of JAG, the mother or father firm of Volkswagen’s Chinese language associate JAC.
Whereas it’s at it, VW has additionally acquired 26 per cent of battery producer Gotion Excessive-Tech Co., Ltd. for round €1 billion, changing into the corporate’s largest shareholder.
The transfer is important, and exhibits that even in a post-COVID world, VW believes sooner or later being electrical. The agency plans to promote 1.5-million EVs per 12 months in China by 2025.

Micromobility round-up


We coated the truth that the shared mobility area was having a troublesome time pre-coronavirus, however maybe issues are trying up.
First up, Singapore’s Beam has simply introduced a $26m Collection A funding spherical in its e-scooter sharing enterprise, taking its worth over $50m. The agency presently operates in Australia, Malaysia New Zealand, South Korea and Taiwan, and claims to be totally different from rivals by incentivising its customers to park scooters responsibly after use. It’s going to use the money to develop the place it presents it custom-designed third-generation Beam Saturn scooter that has swappable batteries.
In the meantime, France’s BlaBlaCar has partnered with Sweden’s Voi to supply e-scooters via a brand new BlaBlaRide app. BlaBlaCar has 18 million subscribers in France, who will now be capable to trip Voi scooters by way of the brand new app immediately. The Voi scooters achieve BlaBla branding, however regardless of the deal, each corporations stay separate authorized entities.
Maybe probably the most vital information is saved till final, with Lime announcing a new $170m funding round. Along with gaining additional funds from Google’s mother or father firm Alphabet, the funding was led, considerably, by Uber.
Uber already held a small stake in Lime, however the brand new deal considerably will increase this, and consists of successfully offloading its vivid crimson branded micromobility agency Soar to Lime. Will probably be fascinating to see how each companies combine each other’s merchandise into their respective apps. 



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