AUTOTECH VENTURES ANNOUNCES NEW $230M FUND

Marks the VC’s Third Fund to Support Leading Ground Transportation Startups  MENLO PARK, Calif., April 20, 2023 /PRNewswire/ — Autotech Ventures (Autotech), an early-stage venture capital firm with a mission to solve the world’s ground transportation challenges with technology, announced the closing of its third fund. The $230 million fund will be used to invest in… Continue reading AUTOTECH VENTURES ANNOUNCES NEW $230M FUND

Hesai Reaches Strategic Cooperation with KargoBot, Empowering the Mass Production of Autonomous Trucks

PALO ALTO, Calif., April 20, 2023 /PRNewswire/ — Today, Hesai Technology reached strategic cooperation with autonomous truck company, KargoBot. They will jointly promote the application of automotive-grade, hybrid solid-state lidar AT128 for L4 autonomous trucks, working together to implement safer, more intelligent commercial logistics applications. Continue Reading Hesai reached strategic cooperation with autonomous truck company… Continue reading Hesai Reaches Strategic Cooperation with KargoBot, Empowering the Mass Production of Autonomous Trucks

ZF joins the Navigation Data Standard Association

ZF has joined the Navigation Data Standard (NDS) Association. This allows ZF to use the global standard in map-based products and solutions throughout the Group, gives it access to key development tools, and enables it to further develop the standard together with OEMs and other NDS members. Friedrichshafen. ZF has joined the Navigation Data Standard… Continue reading ZF joins the Navigation Data Standard Association

XCMG Machinery Releases New Mining Equipment Products, Expanding Application Scope to Cover Full Cycle of Mining Operations

XUZHOU, China, April 20, 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

Automated Parking Systems Market Growing to Exhibit a Remarkable CAGR of 15.78% By 2029 with Key Drivers, Size, Share, Growth and Opportunity Outlook

Increasing demand for autonomous vehicles is driving the growth of automated parking systems market. PUNE, India, April 19, 2023 /PRNewswire/ — Exactitude Consultancy, the market research and consulting wing of Ameliorate Digital Consultancy Private Limited has completed and published the final copy of the detailed research report on the Automated Parking Systems Market. The global automated… Continue reading Automated Parking Systems Market Growing to Exhibit a Remarkable CAGR of 15.78% By 2029 with Key Drivers, Size, Share, Growth and Opportunity Outlook

Astroport Space Technologies forms European Subsidiary in Luxembourg

Company partners with Interflight Global Europe to establish Astroport Europe for lunar construction operations LUXEMBOURG, April 19, 2023 /PRNewswire/ — Astroport Space Technologies, Inc., headquartered in San Antonio Texas, USA, and Interflight Global Europe, S.à r.l. , headquartered in Luxembourg, announce their joint partnership for the launch of Astroport Space Technologies S.à r.l.  (Astroport Europe). The two companies unveiled the… Continue reading Astroport Space Technologies forms European Subsidiary in Luxembourg

MEXICO CITY’S ELENA REYGADAS IS NAMED THE WORLD’S BEST FEMALE CHEF 2023

The award continues to acknowledge the female chefs paving the way for future industry leaders One of the most important figures in Mexican gastronomy, and chef-owner of Rosetta in Mexico City, Elena Reygadas is awarded this year’s accolade, voted for by a global panel of experts Named Latin America’s Best Female Chef in 2014, Reygadas… Continue reading MEXICO CITY’S ELENA REYGADAS IS NAMED THE WORLD’S BEST FEMALE CHEF 2023

Elon Musk says (again) Tesla might achieve ‘full autonomy’ this year, but what does it even mean?

Elon Musk announced again that he believes Tesla might achieve “full autonomy” this year, but it is not even clear what this means at this point. Over the years, Musk has so often claimed that Tesla was on the verge of achieving “full self-driving capability” that it is hard to believe him now. It’s not… Continue reading Elon Musk says (again) Tesla might achieve ‘full autonomy’ this year, but what does it even mean?

German Manager Magazin: Tesla: Musk relies on volume instead of margin, quarterly profit collapses, share price slide002440

The electric car pioneer Tesla wants to defend its market share at all costs and accepts a lower profit margin. “It’s better to deliver a large number of cars with a lower rate of return and collect that rate of return in the future as we perfect autonomous driving,” Tesla CEO said Elon Musk (51)… Continue reading German Manager Magazin: Tesla: Musk relies on volume instead of margin, quarterly profit collapses, share price slide002440

XCMG Machinery Releases New Mining Equipment Products, Expanding Application Scope to Cover Full Cycle of Mining Operations

XUZHOU, China, April 20, 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