Smart Mobility Deployments EU

European self-driving firm enters partnership with Israeli security firm for autonomous vehicles

A European self-driving company has entered into a partnership agreement with an Israeli security firm in a bid to accelerate their attempts to develop autonomous vehicles. Vedocom Tech and Israel's Karamba Security announced their collaboration by releasing a joint-statement. Both organizations expressed its confidence in the new partnership, which they hope can propel them into developing autonomous cars that will be deployed across major European cities in the next year.

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German car manufacturer to invest $735m in electric vehicles in China

German car manufacturer Daimler has announced that it plans to invest $735m in electric vehicle production in China. In a statement issued to the press, Daimler announced that alongside its Chinese joint venture partner BAIC Motor Corporation will jointly invest 5 billion yuan ($735M) in the pursuit of battery electric vehicle production in China by 2020. In addition to this, it further disclosed its commitment to provide the infrastructure that is required.

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