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"Nokia has announced that it will focus heavily on smart car technology following the sale of its Devices and Services business to Microsoft. Chief executive Rajeev Suri revealed that the Nordic firm is investing $100 in the sector, a move that could bring heightened competition to Apple&amp;#039;s CarPlay platform.  &amp;quot;Our new $100 million venture fund launched today further underlines our belief that the connected car is a significant growth opportunity,&amp;quot; Reuters quotes the CEO as saying. Nokia has already made strides into the smart car market through its Navteq arm, which develops software for connected vehicles. The company also offers turn-by-turn navigation with its Nokia Drive app for Lumia smartphones, which can download and store maps to provide offline support. Earlier today (May 5), reports emerged that Nokia is planning to revive its Here Maps application for iOS and Android devices. "^^<http://www.w3.org/2001/XMLSchema#string>
<http://www.digitalspy.com/tech/news/a568772/nokia-turns-attention-to-smart-car-technology-invests-100-million/>