Zevo, India secures USD 2 million in Pre-Series A Round, plans to deploy 5,000 e-Scooters On October 3, multiple sources reported that ZEVO, a tech-enabled EV mobility platform, secured USD 2 million in a Pre-Series A funding round led by Pegasus India Fund, BizDateUp, JIIF, and a prominent family office. The raised capital will be used to deploy 5,000 electric vehicles and establish fulfillment centers in key locations. ZEVO also aims to enhance...

News  Updated at: 2024/10/03

Terra Motors raises additional capital through third-party allotment to venture capital Terra Motors Corporation (Terra Motors, Minato Ward, Tokyo), an electric vehicle (EV) charging infrastructure company,  announced that it has implemented a capital increase through a third-party allotment of shares to a venture capital jointly operated by Aisin Corporation and U.S.-based Pegasus Tech Ventures. Terra Motors will utilize the additional fund for...

News  Updated at: 2023/12/19

project's methodology is a world-first standard that considers industrial processes, highlighting the German automotive industry's role in automated driving. It provides a basis for verifying the safety of automated vehicles if applied industry-wide. At the project's end, VVM, building on previous Pegasus and SetLevel projects, delivers the world’s first consistent methodical approach to safety for automated driving in urban environments. The ...

News  Updated at: 2023/11/27

First unmanned vehicles in Lingang Special Area put into on-road test On June 8, the commissioning ceremony for the Intelligent Connected Vehicle (ICV) Innovation Pilot Zone was held in the Lingang Center in the Lingang Special Area (LSA), where 15 vehicles of Utopilot, TuSimple, SAIC Intelligent Technology, and Pegasus were awarded the first legislation-based licenses in China for on-road testing of unmanned ICVs. Two companies in the LSA, Linga...

News  Updated at: 2023/06/12

cted vehicles and issued the “Detailed Rules for the Implementation of Regulations on the Innovative Applications of Unmanned Intelligent Connected Vehicles” (the Rules). Eight enterprises, namely Baidu Zhixing, Auto X, Neolix, Banma Zhixing, Utopilot, SAIC Intelligent Technology, TuSimple, and Pegasus, were awarded a notification of innovative application and testing. The Rules provide operational guidelines for enterprises to conduct innova...

News  Updated at: 2023/03/24

VIA Motors sells 2,000 Class 3 electric chassis cabs to Pegasus Specialty Vehicles On September 27, VIA Motors, a commercial vehicle manufacturer with mobility solutions for a wide variety of Class 2-5 electric commercial vehicles applications, announced that it has received a purchase order for 2,000 Class 3 VIA electric cutaway chassis cabs from Pegasus Specialty Vehicles. Pegasus will use VIA’s chassis cabs as a base for Type A school buses,...

News  Updated at: 2022/10/05

China’s autonomous driving startup Pegasus bags several hundred million yuan from angel round of financing On February 25, Pegasus, an autonomous driving startup in China, announced the completion of an angel round of financing worth several hundred million yuan via its WeChat account.This round of financing was led by GL Ventures. Other investors include Walden International, V Fund, Green Pine Capital Partners, Country Garden and other invest...

News  Updated at: 2022/03/02

r wheels individually. With the ability to sprint to 60 mph in 1.85 seconds and continue the acceleration all the way to a 412 km/h (258 mph) top speed, the Nevera opens up a new dimension in hypercar performance. By accessing 12 ultrasonic sensors, 13 cameras, 6 radars, and the very latest NVIDIA Pegasus operating system, the Rimac Driving Coach adds an additional, immersive experience behind the wheel. The Driver Coach feature will become avai...

News  Updated at: 2021/06/02

evel method can be used by many different companies and research institutions and even developed further after the project is over. The Federal Ministry of Economics and Energy (BMWi) is funding the SET Level project with a total budget of more than EUR 30 million. It is a continuation of the joint PEGASUS project, which was completed in May 2019. In this project, the German Aerospace Center and its partners developed quality standards and method...

News  Updated at: 2021/05/04

E Level 4 autonomous van with a battery electric vehicle (BEV) architecture, one of five platforms designed to offer new electric mobility solutions through highly versatile EREV (extended range electric vehicle) and BEV chassis systems.Karma’s new L4 E-Flex Van is powered by the NVIDIA DRIVE AGX Pegasus autonomous vehicle computing platform, which achieves an unprecedented 320 trillion operations per second of deep learning. It’s built on a ...

News  Updated at: 2020/04/14

Karma to leverage NVIDIA DRIVE AGX Xavier and Pegasus AI computing platforms On December 18, the Karma Group announced during the NVIDIA GPU Technology Conference in China (GTC China) that it will leverage the NVIDIA DRIVE AGX Xavier and Pegasus AI computing platforms for future autonomous electric vehicle capabilities. Karma Group’s two vehicle platforms, the Revere vehicle line and Project e-Klipse, an all-electric global platform starting i...

News  Updated at: 2019/12/20

g the automobile industry. In this context both sides welcome a continuation and possible intensification of their bilateral exchange on automobile issues. Both sides commend the steady progress on cooperation in the field of autonomous driving and its safety evaluation standardization between the Pegasus project and the Japan Automobile Manufacturers Association (JAMA). Furthermore, both sides also welcome the fact that V&V and SetLevel4to5, th...

News  Updated at: 2019/11/07

Macronix supplies ArmorFlash flash memory to NVIDIA’s next-gen autonomous driving platform On August 6, Macronix International Co. announced that it is supplying Macronix's ArmorFlash memory for the NVIDIA DRIVE AGX Xavier and DRIVE AGX Pegasus autonomous vehicle computing platforms.ArmorFlash brings highly secure data storage to the demanding, competitive market for artificial intelligence (AI)-based Level 2+ advanced driver assistance systems...

News  Updated at: 2019/08/20

vehicle manufacturer NEVS will use NVIDIA DRIVE ecosystem to deploy robotaxis in Europe by the end of 2020. The vehicles, which are based on NEVS’ mobility-focused self-driving car concept, run AutoX’s autonomous driving software and use the high-performance, energy-efficient NVIDIA DRIVE AGX Pegasus platform. Running on the automotive-grade DRIVE AGX Pegasus, the autonomous driving algorithms can learn and adapt to local driving styles qu...

News  Updated at: 2019/08/16

FAW releases three-year action plans for development According to multiple news sources, China FAW Group Co., Ltd. (FAW) recently disclosed its action plans for development in the coming three years (2020-2022) during an internal meeting. These action plans, dubbed “Rising Dragon Plan”, “Jumping Tiger Plan” and “Pegasus Plan” respectively, focus on proprietary brands, core technologies, emerging services, joint venture cooperation 2.0...

News  Updated at: 2019/07/30

ntegrate into their ADAS solutions. Working with key partners in the automotive industry AImotive recently announced a new focus on deploying aiDrive on automotive hardware platforms. Quanta Computer Inc. utilizes various third-party development kits, such as Intel’s Xeon or Nvidia’s Xavier and Pegasus to offer hardware solutions for the different levels of autonomous driving. AImotive press release...

News  Updated at: 2019/05/14

Aisin invests in Silicon Valley-based AEye for artificial perception systems AEye, a world leader in artificial perception systems and the developer of iDAR, announced a strategic investment from Aisin through its corporate venture capital fund managed by Pegasus Tech Ventures. Aisin’s investment paves the way for collaboration and expansion as the companies scale to meet the demands of OEMs deploying ADAS and mobility solutions. Pegasus Tech V...

News  Updated at: 2019/05/14

r kits and pre-commercial level-4 autonomous solutions at the 2019 GPU Technology Conference held by Nvidia.WeRide.ai will also debut the Nissan LEAF 2, its latest level-4 autonomous vehicle. It announced that the development of its next-generation autonomous fleet will involve Nvidia’s DRIVE AGX Pegasus platform.The all-new level-4 sensor kit was developed to improve the accuracy and safety of autonomous driving. The front lidar, developed spe...

News  Updated at: 2019/03/21

ll as complete surround camera sensor data from outside the vehicle and inside the cabin. DRIVE AutoPilot is part of the open, flexible NVIDIA DRIVE platform, which is being used by hundreds of companies to build autonomous vehicle solutions. The new Level 2+ system complements the NVIDIA DRIVE AGX Pegasus system that provides Level 5 capabilities for robotaxis. (From a press release on January 7, 2019)...

News  Updated at: 2019/01/07

, will also utilize the DRIVE AGX Xavier chip. The FAW Group is partnering with autonomous driving startup Plus.ai and Full Truck Alliance (FTA), a logistics company, to develop a driverless commercial trucking fleet planned for a large-scale truck-hailing service in 2021 using the NVIDIA DRIVE AGX Pegasus chip AutoX, a Silicon Valley autonomous delivery startup, launched a self-driving pilot in in August in San Jose, California using the DRIVE A...

News  Updated at: 2018/11/22