What Tesla CEO Elon Musk says publicly about the company’s progress on a fully autonomous driving system doesn’t match up with “engineering reality,” according to a memo that summarizes a meeting between California regulators and employees at the automaker. The memo, which transparency site Plainsite obtained via a Freedom of Information Act request and subsequently… Continue reading Tesla refutes Elon Musk’s timeline on ‘full self-driving’
Author: Tech Crunch Online News
Oculii looks to supercharge radar for autonomy with $55M round B
Autonomous vehicles rely on many sensors to perceive the world around them, and while cameras and lidar get a lot of the attention, good old radar is an important piece of the puzzle — though it has some fundamental limitations. Oculii, which just raised a $55M round, aims to minimize those limitations and make radar… Continue reading Oculii looks to supercharge radar for autonomy with $55M round B
Tesla supplier Delta Electronics invests $7M in AI chip startup Kneron
Despite a persistent semiconductor shortage that is disrupting the global automotive industry, investors remain bullish on the chips used to power next-generation vehicles. Kneron, a startup that develops semiconductors to give devices artificial intelligence capabilities by using edge computing, just got funded by Delta Electronics, a Taiwanese supplier of power components for Apple and Tesla.… Continue reading Tesla supplier Delta Electronics invests $7M in AI chip startup Kneron
Uber’s mixed Q1 earnings portray an evolving business
Today, Uber followed Lyft in reporting its Q1 2021 earnings this week. And like its rival, its results take a little bit of work to understand. So, this afternoon, we’re going to parse them as a pair so that we both understand what’s going on at the ride-hailing and food-delivery giant. Let’s start with the… Continue reading Uber’s mixed Q1 earnings portray an evolving business
GM CEO Mary Barra wants to sell personal autonomous vehicles using Cruise’s self-driving tech by 2030
GM CEO Mary Barra sees the automaker selling personal autonomous vehicles by the end of the decade by leveraging technology from its self-driving subsidiary Cruise, according to comments made during the company’s Wednesday earnings call. Barra wasn’t providing any specifics just yet, but instead laid out a vision for the automaker’s future and how its… Continue reading GM CEO Mary Barra wants to sell personal autonomous vehicles using Cruise’s self-driving tech by 2030
Lucid Motors taps Waymo, Intel veterans ahead of public listing
Lucid Motors is beefing up its executive and technical leadership team, hiring people from Waymo, Intel and Xperi as it prepares to become a publicly listed company. The automaker said Wednesday that Sherry House, who formerly worked at Waymo, will be its new chief financial officer. House was at Waymo for four years, most recently… Continue reading Lucid Motors taps Waymo, Intel veterans ahead of public listing
Argo’s new lidar sensor could help Ford, VW deploy self-driving vehicles at scale
Four years ago, Argo AI made its first acquisition as a young, newly backed self-driving vehicle startup. Now, Argo says its acquisition of lidar company Princeton Lightwave is paying off and is poised to help it deliver autonomous vehicles that can operate commercially on highways and in dense urban areas starting next year. Argo AI… Continue reading Argo’s new lidar sensor could help Ford, VW deploy self-driving vehicles at scale
Investors cheer as Lyft’s Q1 revenue didn’t fall as much as expected
Investors gave Lyft’s value a small bump Tuesday after the American ride-hailing company reported results that weren’t quite as bad as the company, and Wall Street had expected. Shares of the Uber competitor rose as much as 4.5% in after-hours trading following the disclosure of its financial performance from the first three months of the… Continue reading Investors cheer as Lyft’s Q1 revenue didn’t fall as much as expected
Tesla taps tiny startup’s tech to build cheaper, cleaner batteries
When Elon Musk stood on stage at Tesla’s Battery Day in September and promised to cut lithium-ion battery prices in half, he claimed some of the savings would come from reinventing the dirty and complex process of making their nickel metal cathodes. “It’s insanely complicated, like digging a ditch, filling it in and digging the… Continue reading Tesla taps tiny startup’s tech to build cheaper, cleaner batteries
Ford, BMW lead Solid Power’s $130M Series B round
A Solid Power manufacturing engineer holds two 20 ampere hour (Ah) all solid state battery cells for the BMW Group and Ford Motor Company. The 20 ampere hour (Ah) all solid state battery cells were produced on Solid Power’s Colorado-based pilot production line. Source: Solid Power. Solid state battery systems have long been considered the… Continue reading Ford, BMW lead Solid Power’s $130M Series B round