LENECO Co Ltd has announced the placement of tenth series unregistered and unsecured private convertible bonds having a coupon rate of 6% to raise KRW10bn ($8.81m). 

Based in South Korea, LENECO is an engineering and construction services company. 

Continental has joined the BMW Group, Intel and Mobileye collaboration for automated driving as a development partner and system integrator. 

The BMW Group, Intel and Mobileye collaboration aims to create a fully automated driving cooperation model, which will provide the global automotive industry with scalable solutions. 

"The BMW Group, Intel and Mobileye collaboration aims to create a fully automated driving cooperation model."

The German automotive manufacturing will help create a functional development and overall system competency towards assisted and automated driving capabilities. 

Vedecom Tech has signed an agreement with Karamba Security to protect its autonomous vehicles from cyber threats.

Karamba Security will supply its Carwall and Autonomous Security software to protect the electronic control units of Vedeco’s self-driving vehicles. 

Vedecom is a self-driving car company based in France, while Karamba is a cybersecurity solutions provider for autonomous vehicles based in the US.