Elon Musk is years behind on his ambition to make Tesla’s cars fully autonomous. He said he’s willing to risk the company’s profit margins for autonomous driving. Elon Musk said in a conference call that Tesla has the opportunity to sell cars “without profit” and later earn immense sums with the driverless software. But how… Continue reading Elon Musk is poised to jeopardize Tesla’s autonomous driving gains
Tag: Autonomous
Hyundai Mobis’ e-Corner System Featuring Crab Walking and Zero Turn Becomes the First in the World to Drive on Public Roads
Parallel park, forward park, or escape from a dead end with four wheels that rotate up to 90° altogether or separately A key solution for autonomous driving and PBVs that has secured reliability through the successful demonstration on public roads In line with the bespoke mobility trend, Hyundai Mobis is solidifying its vision of becoming… Continue reading Hyundai Mobis’ e-Corner System Featuring Crab Walking and Zero Turn Becomes the First in the World to Drive on Public Roads
New Mercedes E-Class brings 69-mile PHEV and up to 375bhp
Mercedes-Benz has unwrapped its sixth-generation E-Class, revealing a significantly more contemporary take on the traditional luxury saloon that is planned to go on sale in September at a price tipped to start at over £50,000. The new four-door, one of the German car maker’s last dedicated internal combustion engine models before it goes electric only,… Continue reading New Mercedes E-Class brings 69-mile PHEV and up to 375bhp
Japanese manufacturing leader Musashi Seimitsu and Israeli AI innovation powerhouse SIXAI partner for global launch of Industry 4.0 solutions
Musashi Seimitsu and SIXAI partner to combine Japanese industrial experience and Israeli innovation. 634AI deploys its MAESTRO platform globally with one of the largest autonomous robot orders and Musashi AI launches global rollout of visual inspection robot for automakers. NEVE ILAN, Israel and TOYOHASHI, Japan, April 25, 2023 /PRNewswire/ — 634AI, the Israeli developer of an… Continue reading Japanese manufacturing leader Musashi Seimitsu and Israeli AI innovation powerhouse SIXAI partner for global launch of Industry 4.0 solutions
Cruise continues to burn GM’s cash as robotaxis expand to daylight hours
/ The robotaxi division lost $561 million in the first quarter of 2023. Meanwhile, driverless robotaxis in San Francisco can operate 24/7 for the first time. Image: Cruise Cruise, the autonomous vehicle division of General Motors, is now operating a “small” fleet of driverless robotaxis in San Francisco during daylight hours for the first time.… Continue reading Cruise continues to burn GM’s cash as robotaxis expand to daylight hours
Hyundai Mobis’ e-Corner System Featuring Crab Walking and Zero Turn Becomes the First in the World to Drive on Public Roads
Parallel park, forward park, or escape from a dead end with four wheels that rotate up to 90° altogether or separately A key solution for autonomous driving and PBVs that has secured reliability through the successful demonstration on public roads In line with the bespoke mobility trend, Hyundai Mobis is solidifying its vision of becoming… Continue reading Hyundai Mobis’ e-Corner System Featuring Crab Walking and Zero Turn Becomes the First in the World to Drive on Public Roads
NWTN Holds Exclusive Preview of the Rabdan ONE at its Suhoor Gathering in Celebration of the Holy Month of Ramadan.
DUBAI, UAE, April 22, 2023 /PRNewswire/ — In celebration of the Holy month of Ramadan, NWTN Inc. (Nasdaq: NWTN), an eco-conscious mobility technology company bringing passenger-centric green premium mobility solutions to the world (“NWTN”), today held a Suhoor gathering at their assembly facility in the Khalifa Economic Zone Abu Dhabi (KEZAD) in celebration of the… Continue reading NWTN Holds Exclusive Preview of the Rabdan ONE at its Suhoor Gathering in Celebration of the Holy Month of Ramadan.
XCMG Machinery Releases New Mining Equipment Products, Expanding Application Scope to Cover Full Cycle of Mining Operations
XUZHOU, China, April 21, 2023 /PRNewswire/ — XCMG Machinery (“XCMG”, SHE:000425), a leading Chinese construction equipment manufacturer, has released three new mining machinery products, including the XE690DK mining excavator, XDR80TE-AT autonomous electric dump truck, and XDE240 mining dump truck, which will better support global mining operations and infrastructure construction projects. Continue Reading The unmanned XDR80TE-AT electric… Continue reading XCMG Machinery Releases New Mining Equipment Products, Expanding Application Scope to Cover Full Cycle of Mining Operations
Innoviz Technologies to Showcase LiDAR Solutions at ITS America Conference in Texas
TEL AVIV, Israel, April 25, 2023 /PRNewswire/ — Innoviz Technologies Ltd. (Nasdaq: INVZ) (the “Company” or “Innoviz”), a Tier 1 and direct supplier of high-performance, automotive-grade LiDAR sensors and perception software, will demonstrate its state-of-the-art LiDAR technology at ITS America, held at the Gaylord Texan Resort in Grapevine, Texas, from April 24-27, 2023. Innoviz will… Continue reading Innoviz Technologies to Showcase LiDAR Solutions at ITS America Conference in Texas
Karate Combat Raises $18M in Funding
Karate Combat, a sports league structured as a decentralized autonomous organization, raised an $18m funding round. The round was led by BITKRAFT Ventures, with additional participation from Delphi Digital, The Operating Group, Alpha Wave Global, Hashkey, Lattice, M13, Santiago R Santos, RookieXBT and others. Prior investors include the League’s founders, Packy McCormick’s Not Boring Capital,… Continue reading Karate Combat Raises $18M in Funding