A couple caveats for those going apoplectic over the headline: I mean self-driving isn’t going to be a thing A) in our lifetimes and B) with any kind of omnipresent scale. So in terms of the daily lived experience of most people reading this, truly autonomous vehicles just aren’t going to happen. The evidence pointing… Continue reading It’s time to admit self-driving cars aren’t going to happen
Tag: Waymo/Google
German Manager Magazin: Volkswagen and Ford stop robo car dream Argo AI002100
Level 1 – assisted driving: The driver is responsible, he has to stay in control of the system at all times. The technology provides support when steering or accelerating. Typical examples would be lane departure warning, cruise control or automatic distance control. Level 2 – semi-automated driving: Here, too, the driver remains responsible and must… Continue reading German Manager Magazin: Volkswagen and Ford stop robo car dream Argo AI002100
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DETROIT, Oct 26 (Reuters) – The road map to fully self-driving vehicles is being rewritten once again, this time by Ford Motor Co (F.N) and Volkswagen AG (VOWG_p.DE). When the two automakers joined forces in July 2019 to share control of self-driving startup Argo AI, it shook up the landscape among other key players. Wednesday’s… Continue reading Untitled
Ford, VW-backed Argo AI is shutting down
Argo AI, an autonomous vehicle startup that burst on the scene in 2017 stacked with a $1 billion investment, is shutting down — its parts being absorbed into its two main backers: Ford and VW, according to people familiar with the matter. During an all-hands meeting Wednesday, Argo AI employees were told that some people… Continue reading Ford, VW-backed Argo AI is shutting down
Ford, Volkswagen to absorb autonomous vehicle partner Argo AI
Ford Motor Co. and Volkswagen AG will absorb their autonomous vehicle partner, Argo AI, in a move that demonstrates the difficulties of success in the self-driving space, experts say. The move — driven in part by Argo’s inability to attract new investors — will shut down the Pennsylvania-based startup founded by two Michigan natives that… Continue reading Ford, Volkswagen to absorb autonomous vehicle partner Argo AI
Why Tesla, Rivian, and Nio Stocks All Popped Today
Motley Fool Alphabet’s Ad Business Slows to a Trickle. Time to Sell? Coming into Alphabet’s (NASDAQ: GOOG) (NASDAQ: GOOGL) third-quarter earnings report on Tuesday night, there were already signs that growth would be sluggish. Fellow digital advertising stock Snap said revenue growth slowed to just 6% in its third quarter, and Alphabet management had already warned about… Continue reading Why Tesla, Rivian, and Nio Stocks All Popped Today
U.S. autonomous vehicle group picks ex-Senate aide as director
U.S. lawmakers have been divided for years over how to amend current auto safety regulations to encompass self-driving cars, including the scope of consumer and legal protections. By David Shepardson A group representing self-driving car companies is appointing a former U.S. Senate aide as its new head as the industry works to convince U.S. policymakers… Continue reading U.S. autonomous vehicle group picks ex-Senate aide as director
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Oct 25 (Reuters) – A group representing self-driving car companies is appointing a former U.S. Senate aide as its new head as the industry works to convince U.S. policymakers to speed the deployment of autonomous vehicles and jumpstart stalled legislation. The Autonomous Vehicle Industry Association (AVIA) has tapped Jeff Farrah as its first executive director,… Continue reading Untitled
The auto industry’s $75B bet on autonomy is not paying off – Automotive News Europe
Autonomous vehicle companies and suppliers have collectively spent about $75 billion developing self-driving technology, with scant sign of meaningful revenue emerging from AV services after all that investment. This has spelled disaster for Aurora Innovation, TuSimple Holdings and Embark Technology, whose shares have each plunged at least 80 percent this year. It’s no wonder Intel… Continue reading The auto industry’s $75B bet on autonomy is not paying off – Automotive News Europe
Robo Taxis Global Market Report 2022: Geiger-Mode Technology Presents Lucrative Opportunities
DUBLIN, Oct. 24, 2022 /PRNewswire/ — The “Robo Taxis Global Market Report 2022” report has been added to ResearchAndMarkets.com’s offering. The global robo-taxis market is expected to grow from $1.05 billion in 2021 to $1.71 billion in 2022 at a compound annual growth rate (CAGR) of 63.3%. The robo-taxis market is expected to grow to $11.01… Continue reading Robo Taxis Global Market Report 2022: Geiger-Mode Technology Presents Lucrative Opportunities