U POWER teams up with Renesas to build UP HPVC and UP Hub

SANTA CLARA, Calif. and SHANGHAI, March 7, 2023 /PRNewswire/ — On UP DAY 2023, U POWER, a Chinese EV start-up known for its skateboard technology, announced a collaboration with Renesas, a world-leading semiconductor chip supplier. The collaboration will enable U POWER’s UP Super Board to utilize Renesas’ R-Car V4H and R-Car S4 system-on-chips to build its… Continue reading U POWER teams up with Renesas to build UP HPVC and UP Hub

MHP and LMU Munich publish Industry 4.0 Barometer 2023

Uncertain future prospects slow down Industry 4.0 Uncertainty about return on investment prevents digitisation advancing Automation poor: only half of all processes are automated Cost reduction vs. digitalisation: a challenge in the DACH region USA leads in sustainability, DACH region and China need to catch up LUDWIGSBURG, Germany and MUNICH, March 7, 2023 /PRNewswire/ — The degree… Continue reading MHP and LMU Munich publish Industry 4.0 Barometer 2023

Global Military Robotic and Autonomous System Market Analysis Report 2023-2033: Market is Proliferated by AI, and its Integration with Military RAS has the Potential to Change Future Warfare

DUBLIN, March 8, 2023 /PRNewswire/ — The “Military Robotic and Autonomous System (RAS) Market – A Global and Regional Analysis: Focus on Application, Platform, Operation Mode, and Country – Analysis and Forecast, 2023-2033” report has been added to  ResearchAndMarkets.com’s offering. In 2022, the global military RAS market was valued at $17,575.1 million and is expected to… Continue reading Global Military Robotic and Autonomous System Market Analysis Report 2023-2033: Market is Proliferated by AI, and its Integration with Military RAS has the Potential to Change Future Warfare

Tesla’s next generation smaller car to operate mostly autonomously-Musk, article with image

March 7 (Reuters) – Tesla Chief Executive Elon Musk on Tuesday said that the next generation small car the company is working on would operate mostly in autonomous mode, similar to a promise he made in 2020. On Tuesday he said there was a clear path to delivering a car that cost half as much… Continue reading Tesla’s next generation smaller car to operate mostly autonomously-Musk, article with image

Elon Musk says Tesla’s next vehicle will operate ‘almost entirely in autonomous mode’

Elon Musk commented on Tesla’s next car, saying that it will operate “almost entirely in autonomous mode,” but the automaker has yet to deliver on its promise to make all its cars made since 2016 autonomous. While Tesla unveiled its plan to build a new vehicle platform that will be more efficient to manufacture at… Continue reading Elon Musk says Tesla’s next vehicle will operate ‘almost entirely in autonomous mode’

Elbit Systems to Showcase Platforms at DSEI Japan 2023

HAIFA, Israel, March 8, 2023 /PRNewswire/ — Elbit Systems will participate at DSEI Japan between15-17 March 2023 in Tokyo and exhibit a wide range of products and systems at its booth with both visual and interactive displays. Elbit Systems is known for its groundbreaking solutions that have led to dramatic changes on the battlefield. The… Continue reading Elbit Systems to Showcase Platforms at DSEI Japan 2023

DroneShield Completes $40 million Capital Raise with Substantial Investor Support

SYDNEY, March 7, 2023 /PRNewswire/ — DroneShield Ltd (ASX:DRO) (DroneShield or the Company) is pleased to announce the successful completion of its Share Purchase Plan (SPP), which follows the $10.9 million Placement, completed on 6 February. The SPP generated significant support from DroneShield’s existing shareholders and substantially exceeded the $3 million the Company targeted via the… Continue reading DroneShield Completes $40 million Capital Raise with Substantial Investor Support

Visteon Announces $300 Million Share Repurchase Authorization

VAN BUREN TOWNSHIP, Mich., March 07, 2023 (GLOBE NEWSWIRE) — Visteon Corporation (Nasdaq: VC) today announced that its board of directors has authorized a share repurchase program of $300 million of common stock expiring December 31, 2026. Visteon expects to fund the repurchases through excess cash on hand and future cash flow generation. “We are… Continue reading Visteon Announces $300 Million Share Repurchase Authorization

Study: Autonomous driving could help with road works

A recent study shows that using an autonomous truck to follow a vehicle carrying human drivers during “mobile work zones” could help prevent roadworker injuries. Mobile work zones are teams performing work from a variety of vehicles. For example, convoys (platoons) from construction vehicles. According to the University of Missouri Department of Civil and Environmental… Continue reading Study: Autonomous driving could help with road works

Gatik’s Gautam Narang on the importance of knowing your customer

Gatik is something of an outlier in the autonomous vehicle space. Whereas most companies are either trying to scale robotaxis or commercialize long-haul self-driving with Class 8 trucks, Gatik is more focused on smaller box trucks and middle-mile logistics. Gatik CEO and co-founder Gautam Narang said there are two main reasons behind this go-to-market strategy.… Continue reading Gatik’s Gautam Narang on the importance of knowing your customer