Over half of consumers will choose a chatbot over a human to save time

Despite reports that robots will soon take over our jobs and our lives, we love the simplicity that AI brings into our lives. According to a new report,  consumers across generations crave human interaction when engaging with brands.  They do not expect or want technology to replace real people, but trust humans to help solve… Continue reading Over half of consumers will choose a chatbot over a human to save time

AEye iDAR: Sensor Performance Validation Report (VSI Labs)

On November 8th, 2018, VSI Labs, one of the nation’s leading automated vehicle technology experts, oversaw the performance testing of AEye’s iDAR system with emphasis on applications for safety and autonomy. The three specifications tested were range, scan rate, and accuracy of color fusion.

In all three performance tests, it was determined that the tests carried out by AEye employees and witnessed by Sara Sargent, applications engineer for VSI Labs, were valid and that the objective was reached: 1) The sensor was able to detect a target at a distance of 1000 meters 2) The iDAR system recorded 3316 files in 30 secs., signifying a scan rate of 110.5 Hz and 3) The real-time color fusion accurately represented the colors of moving and/or stationary objects, as well as accurately represented whether an object was bright, dark, or neutral in color and the size of the object relative to other objects in the frame.

Based on its findings, VSI Labs determined that AEye’s iDAR system “can detect and potentially classify objects with enough precision, accuracy, and distance not possible with conventional LiDAR or camera sensors.”

Download the VSI Performance Report
AEye iDAR: Sensor Performance Validation Report (VSI Labs) — AEye’s iDAR Shatters Both Range and Scan Rate Performance Records for Automotive Grade LiDARThe Future of Autonomous Vehicles: Part I – Think Like a Robot, Perceive Like a HumanAEye Introduces Advanced Mobility Product for the Autonomous Vehicle MarketGartner Names AEye Cool Vendor in AI for Computer VisionAEye Announces the AE100 Robotic Perception System for Autonomous VehiclesAEye’s $40M Series B Includes Numerous Automotive Leaders Including Subaru, Hella, LG, and SKAEye Introduces Next Generation of Artificial Perception: New Dynamic Vixels™The Future of Autonomous Vehicles: Part II – Blind Technology without Compassion Is RuthlessBlair LaCorte Named President of AEyeAEye Granted Foundational Patents For Core Solid-State MEMs-Based Agile LiDAR And Embedded AI Technology

Faraday Future settles dispute with investor, but it’s not out of the woods

Faraday Future, once seen as the main EV startup, had a tough 2018, but it announced that it closed out the year by settling its dispute with its main investor. Though it doesn’t mean that it’s out of the woods just yet. It seemed like the startup was finally out of the woods after a… Continue reading Faraday Future settles dispute with investor, but it’s not out of the woods

Volkswagen’s mobile charging station will help solve a key problem with EVs

Volkswagen has an interesting solution to the dilemma of owning an electric vehicle without a permanent place to charge it: they’ll bring the charging station to you. The German automaker offered a glimpse of its new mobile charging strategy last week, which envisions mobile charging units that can be delivered directly to electric cars in… Continue reading Volkswagen’s mobile charging station will help solve a key problem with EVs

Workhorse Group Secures $35 Million in Financing from Marathon Asset Management

Immediate Access to Capital Enables Funding for Existing and Future Purchase Orders, Satisfies Existing Debt Obligations, and Serves as Another Key Step in Workhorse’s Long-Term Capital Strategy CINCINNATI, Jan. 2, 2019 /PRNewswire/ — Workhorse Group Inc. (NASDAQ: WKHS) (“Workhorse”), an American technology company focused on changing the way the world works by providing sustainable and… Continue reading Workhorse Group Secures $35 Million in Financing from Marathon Asset Management

UPDATE 1-GM sold 200,000 electric vehicles in U.S. by 2018, triggering tax-credit phaseout – source

FILE PHOTO – The GM logo is seen at the General Motors Assembly Plant in Ramos Arizpe, in Coahuila state, Mexico November 25, 2017. REUTERS/Daniel Becerril WASHINGTON (Reuters) – General Motors Co (GM.N) hit 200,000 total electric vehicles sold in the United States by the end of 2018, reaching a threshold that triggers a phase-out… Continue reading UPDATE 1-GM sold 200,000 electric vehicles in U.S. by 2018, triggering tax-credit phaseout – source

GM sold 200,000 electric vehicles in U.S. by 2018, triggering tax-credit phaseout: source

FILE PHOTO – The GM logo is seen at the General Motors Assembly Plant in Ramos Arizpe, in Coahuila state, Mexico November 25, 2017. REUTERS/Daniel Becerril WASHINGTON (Reuters) – General Motors Co (GM.N) hit 200,000 total electric vehicles sold in the United States by the end of 2018, reaching a threshold that triggers a phase-out… Continue reading GM sold 200,000 electric vehicles in U.S. by 2018, triggering tax-credit phaseout: source

Tesla cuts vehicle prices by $2,000 to offset shrinking EV tax credit

Tesla knocked $2,000 off of the prices of its cars in the US on Wednesday to help offset a recent reduction of the federal electric vehicle tax credit. The automaker also announced initial delivery and production numbers for the fourth quarter of 2018, showing that the frenzied pace it carried through most of the year… Continue reading Tesla cuts vehicle prices by $2,000 to offset shrinking EV tax credit

BMW, Daimler. VW: The German car makers catch up on e-mobility – but have a big weakness

DüsseldorfThe pace of electromobility is increasing rapidly. For four million electric vehicles sold worldwide, the automakers have still needed the past seven years. For the next million, just six months will be needed. The overall market for batteries used in e-cars is becoming cautious industry estimates about tenfold in the next 30 years – from… Continue reading BMW, Daimler. VW: The German car makers catch up on e-mobility – but have a big weakness

Tencent co-invests $29m in automobile news provider Youche Yihou

January 2, 2019 China’s biggest social media and gaming company Tencent has co-invested RMB200 million ($29.07 million) in automobile news and information provider Youche Yihou, China Money Network reported. Other investors in the new round include China’s venture capital firm Plum Ventures, Ningbo Xinmei Asset Management Co., Shenzhen Oriental Fortune Capital Co. and Blueprint Innovation… Continue reading Tencent co-invests $29m in automobile news provider Youche Yihou