February 10, 2017 – Silicon Valley Automotive News

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Silicon Valley News Update

Week Ending February 10, 2017

This week we saw some interesting developments involving big names across the Automotive ecosystem and beyond. Some highlights:

  • Quanergy’s new $250 solid-state LiDAR could bring self-driving to the Masses. Read More
  • Samsung and SK hynix expanding investments in automotive semiconductors. Read More
  • Las Vegas launches the first electric autonomous shuttle on U.S. public roads. Read More
  • Alstom invests in EasyMile, a start-up developing electric driverless shuttles. Read More


Competitor Review

  • Ford GT is officially Ford’s fastest production car ever. Read More
  • Partnership with Volkswagen to establish $1 Million Science lab program. Read More
  • Tesla begins roll out of Nvidia-based enhanced autopilot. Read More
  • Volvo keeps building the world’s safest cars. Read More
  • Documents reveal Tesla is spending nearly $1 billion on its updated Gigafactory. Read More
  • Former NASA engineer will develop flying cars for Uber. Read More
  • General Motors is world’s third largest, and nearly landed in #4. Read More
  • Toyota Industries acquires warehouse Robotics Developer. Read More
  • Uber teams up with Mercedes-Benz’s parent company on self-driving cars. Read More
  • Toyota reportedly approaching technology partnership agreement with Suzuki. Read More
  • Uber, Zipcar sign car-sharing deal. Read More
  • FCA is one of the Super Bowl’s big spenders in air time with Alfa Romeo ads. Read More
  • LogistiCare and Lyft announce nationwide partnership. Read More
  • oyota funds AI research to build autonomous cars. Read More

HMP Commentary:

 In the Silicon Valley, we continue to witness a strong investment interest and flow of money from traditional Venture Capital firms and from large corporations such as Alsthom, SK Hynix, Samsung into automotive start-ups. Local semiconductor companies are putting more emphasis on ADAS and Safety in general (Intel, NVIDIA). On the business side, NVIDIA keeps “breaking the mold” and working directly with their local OEM, Tesla. Uber and Lyft are expanding aggressively their partnerships with new relationships with OEM’s and specialized e-transportation market segments.


About Harvest Management Partners LLC:

Harvest Management Partners LLC is a Silicon Valley based investment bank, specializing in company financial assessment, advisory services, plan of action development, strategic marketing, and worldwide negotiation of mergers and acquisitions.  Since 2010, Harvest Management Partners has assisted over 40 technology clients within the software, semiconductor, security, IP and automotive electronics sectors.  They are also the exclusive Silicon Valley advisors for Fiat Chrysler Automotive (NYSE: FCAU) and TE Connectivity (NYSE: TEL).  With a combined history of 60+ years of direct operational experience and relationships with venture capitalists and C-Level executives worldwide, Harvest Management Partners is well positioned to provide a comprehensive set of unique services for their clients. For more information, visit www.harvestmp.com