HONG KONG (Reuters) - Chinese smartphone maker ZTE Corp plans to invest 1.5 billion yuan ($240 million) in wireless charging technology for vehicles in 2015 and more than 2 billion yuan next year, a senior executive told Reuters on Thursday.
ZTE's director of corporate strategy, George Sun, also said the company had signed agreements with more than 20 cities in China to provide wireless charging technology for public transportation, in a significant boost for the country's electric car industry.
(Reuters) - Two U.S. senators on Tuesday revived legislation that seeks to allocate more airwaves to public Wi-Fi by requiring regulators to quickly test how shared radio frequencies could coexist alongside those used for communications among smart cars.
The bill by Senators Marco Rubio, a Florida Republican, and Cory Booker, a New Jersey Democrat, would direct the Federal Communications Commission to study how more spectrum can be freed up for public use without interfering with connected vehicles, which are incumbent users.
WASHINGTON (Reuters) - Top U.S. automaker General Motors Co has emerged as a heavyweight ally of the wireless carriers battling against stricter Internet traffic rules, with a new letter that linked the issue to wirelessly connected cars.
FRANKFURT (Reuters) - Deutsche Telekom and China Mobile will sign a deal on Friday to create a platform for so-called connected cars in China, a Deutsche Telekom spokesman said on Thursday.
The two companies will form a joint venture in which the German telecoms group will bring its technology for machine-to-machine (M2M) communications, while China Mobile will provide the network.
DETROIT (Reuters) - An Acura RLX sedan demonstrated an unusual way to tow another car this week: the vehicles were not physically attached. The second car drove itself, following instructions beamed over by the first in a feat of technology that indicates a new stage in automation is happening faster than many expected.
DETROIT (Reuters) - A group of companies, including several large automakers, have joined a public-private research initiative to lay the groundwork for a system that wirelessly connects vehicles and helps smooth the flow of traffic, the University on Michigan said on Friday.
(Reuters) - FleetCor Technologies Inc said it would buy payments processing company Comdata Inc from Ceridian LLC for $3.45 billion in its biggest deal as it looks to expand into the virtual payments market.
Comdata, which was acquired by payroll and employee benefits processing company Ceridian in 1995 for $900 million, provides fleet fuel cards for the trucking industry, payroll cards and gift cards among other services.
CDMA-enabled telematics solutions are delivering the business intelligence that both dealers and lenders need to monitor and manage their vehicle assets as efficiently and cost effectively as possible.
Apple and Google have made names for themselves as technology innovators and as the companies shaping the direction of their industry. Both companies recently released high-profile connected car products – CarPlay and Open Auto Alliance, respectively – that allow users to bring the comforts of their mobile devices to their vehicles. It would seem that both companies are focused on new opportunities to extend their market dominance.
The catch? Microsoft announced its first connected car partnership, with Ford, all the way back in 2007.
A shifting industry
LONDON (Reuters) - Vodafone is buying an Italian car electronics maker for 145 million euros ($197 million), seeking to get ahead in the race to connect more products to the internet and offset slowing growth in its core mobile phone business.
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