Partnership leverages growing resources in the Kingdom of Saudi Arabia to advance key areas in Lucid’s technology roadmap while progressing the country’s vision for sustainable mobility KING ABDULLAH ECONOMIC CITY, Saudi Arabia, May 5, 2025 /PRNewswire/ — Lucid Group, Inc. (NASDAQ: LCID), maker of the world’s most advanced electric vehicles, and King Abdullah University of Science… Continue reading Lucid and Saudi Arabia’s KAUST Announce Strategic Partnership to Advance EV Technology Leadership and Grow Autonomous Driving and Advanced Driver Assist System Capabilities
Tag: Autonomous
MG Windsor PRO to Feature Level 2 ADAS Technology
JSW MG Motor India has announced that its upcoming MG Windsor PRO will be equipped with Level 2 Advanced Driver Assistance Systems (ADAS), offering 12 safety features with multiple warning types to enhance driver and passenger safety. The Windsor PRO, a follow-up to the company’s best-selling electric vehicle in India, will include ADAS technology that… Continue reading MG Windsor PRO to Feature Level 2 ADAS Technology
Visa Announces Plans to Give AI Agents Your Credit Card Information
Visa — yes, the multinational credit card titan — is wading into the world of AI agents. On Wednesday, the finance monolith announced it would be teaming up with some of the AI industry’s leading developers to connect its vast payments network to their AI systems. The end game? Letting an autonomous AI model —… Continue reading Visa Announces Plans to Give AI Agents Your Credit Card Information
AI APIs Market Poised to Surge: USD 13910 Million Valuation by 2030, Driven by 21.7% CAGR | Valuates Reports
BANGALORE, India, May 2, 2025 /PRNewswire/ — AI APIs Market is Segmented by Type (Web API, Program API), by Application (Automotive, Consumer Electronics, Industrial Robot). The Global AI APIs Market was valued at USD 3365 Million in 2023 and is anticipated to reach USD 13910 Million by 2030, witnessing a CAGR of 21.7% during the… Continue reading AI APIs Market Poised to Surge: USD 13910 Million Valuation by 2030, Driven by 21.7% CAGR | Valuates Reports
Magna International Inc (MGA) Q1 2025 Earnings Call Highlights: Navigating Challenges and …
Consolidated Sales: $10.1 billion, down 8% year-over-year. Adjusted EBIT: $354 million with an adjusted EBIT margin of 3.5%. Adjusted EPS: $0.78, down 28% year-over-year. Free Cash Flow: Used $313 million in the quarter. North American Production: Reduced by about 100,000 units to 15 million. Capital Spending: Expected to be in the $1.7 billion to $1.8… Continue reading Magna International Inc (MGA) Q1 2025 Earnings Call Highlights: Navigating Challenges and …
Fleeting chances: will autonomous trucks create new jobs?
As self-driving trucks and vans take to the road, they have the potential to create new job opportunities and transform the industry for the better. Self-driving vans and trucks are developing quickly, and people are excited about how they could change the logistics landscape. But paired with excitement is an increasing worry that autonomous trucks… Continue reading Fleeting chances: will autonomous trucks create new jobs?
TechCrunch Mobility: Aurora launches its driverless commercial trucking service, and a surprise bidder joins Canoo’s bankruptcy case
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! Your usual host Kirsten has passed the reins to me, Rebecca Bellan, for the day, and I want to talk about Aurora Innovation and its last-minute save. … Continue reading TechCrunch Mobility: Aurora launches its driverless commercial trucking service, and a surprise bidder joins Canoo’s bankruptcy case
Aurora launches its driverless commercial trucking service, and a surprise bidder joins Canoo’s bankruptcy case
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! Your usual host Kirsten has passed the reins to me, Rebecca Bellan, for the day, and I want to talk about Aurora Innovation and its last-minute save. … Continue reading Aurora launches its driverless commercial trucking service, and a surprise bidder joins Canoo’s bankruptcy case
Uber’s latest autonomous vehicle partner? Chinese startup Momenta
Uber announced Friday yet another autonomous vehicle partnership as it leverages its dominant ride-hail and delivery position while relying on partners to supply the self-driving tech it isn’t building in-house. Today, the lucky startup is Chinese self-driving firm Momenta. The tie-up comes a day after Uber added Ann Arbor-based May Mobility to its roster of… Continue reading Uber’s latest autonomous vehicle partner? Chinese startup Momenta
Uber plans to offer self-driving rides in Texas with May Mobility this year
Uber announced that it will offer self-driving rides powered by May Mobility on its app in Texas later this year. The ride-hailing platform will have both Waymo and May Mobility on its platform in Texas, while Tesla plans to compete with them all in Austin soon. Tesla is grabbing a lot of headlines with its… Continue reading Uber plans to offer self-driving rides in Texas with May Mobility this year