Uber could receive a valuation of as high as $120bn (£91bn) in its upcoming initial public offering, almost double the price-tag the ride-hailing company landed in August. The proposals from US banks suggested Uber seek a valuation much higher than the $76bn it was valued at in August during its most recent fundraising round. They are also said… Continue reading Uber ‘could land $120bn price-tag’ in upcoming IPO
Tag: GM
Lyft’s $299 subscription plan is launching to the masses
Lyft has been testing versions of an all-access monthly subscription plan since March. Now, it’s ready to make it available to everyone in the U.S. Starting today, U.S.-based riders can sign up for the plan. It will be available to everyone in the U.S. by the end of the week. Lyft’s All-Access plan costs $299 per… Continue reading Lyft’s $299 subscription plan is launching to the masses
UPDATE 4-Around 100,000 Opel vehicles to be recalled in diesel probe – ministry
FRANKFURT (Reuters) – Germany’s Transport Ministry said on Monday it would order roughly 100,000 Opel vehicles to be recalled as part of an emissions probe, after prosecutors searched the carmaker’s offices earlier in the day. FILE PHOTO: An Opel logo is pictured in Ruesselsheim, Germany July 4, 2018. REUTERS/Ralph Orlowski/File Photo German motor vehicle authority… Continue reading UPDATE 4-Around 100,000 Opel vehicles to be recalled in diesel probe – ministry
Germany recalls 100,000 Opel cars in diesel probe
Move comes hours after manufacturer’s headquarters raided by authorities Go to Source
Gill Pratt of Toyota: Safety Is No Argument for Robocars 10 Oct
Photo: Toyota
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Toyota's Gill Pratt on Self-Driving Cars and the Reality of Full Autonomy
Going for Level 4 autonomy—where the car drives itself and you can go to sleep—is typically justified on the grounds that such cars will be very safe. And they had better be, or we’d never let them loose on the roads.
But the safety-first argument is flawed, says Gill Pratt, who heads up self-driving car research for Toyota. Reason: Safety can be obtained by other means.
“The reason for Level 4 being done—to save lives—is backwards thinking, even if you assume it’ll be 10 times safer,” he tells IEEE Spectrum. “That’s not the only way to save lives; there are multiple ways to do it.”
Pratt allows that there’s a purely economic argument for self-driving cars—remove the driver and you cut expenses in any commercial application, like taxi service and trucking. But that decides things only after self-driving tech can be proven far better than the best human driver. A system that’s just 10 percent better will win over statisticians and philosophers but not the general public.
This isn’t the first time Pratt has poured cold water on the idea that we’re on the verge of getting rid of the steering wheel and pedals, as GM Cruise plans to do in a pilot program next year. Read our Q&A with him from early last year. But nowadays, Pratt’s emphasizing how a system that is essentially Level 4 can be repurposed as a teammate to the driver, rather than a replacement.
Toyota is developing Level 4 systems, he said, but when they’re purposed to drive the car—and thus called Chauffeur—they need vastly more validation than has been done yet to be made into a generally useful product. Toyota doesn’t expect to hand a Level 4 Chauffeur to the public for years, though the company plans to demonstrate one during the 2020 Olympic Games, in Japan, within a relatively limited environment.
But what Pratt calls the “technological equivalent to Level 4” is coming much faster. It’s called Guardian, and he says it’s a lot better than today’s advanced driver assistance systems (ADAS), which offer lane keeping, active cruise control, and emergency braking. “We think Guardian features will trickle into production vehicles soon,” he says.
Here’s how it looks in practice:
Guardian uses a diversity of sensors and maps which, though they might be a little out of date, at least tell the system the most likely environment it’s in and the location of the car in that environment. A prediction system figures out how the environment around the car is likely to evolve, and then a planner works out the car’s trajectory and other behaviors.
“It asks if there’s an unprotected left-hand turn or a highway merge coming up,” he says. “When the system’s functioning as Guardian, it’s there to warn or nudge the driver, and if things are really bad, to take over temporarily.”
We already have a Level 2 system—the Super Cruise function, which is available in the Cadillac CT6. As Lawrence Ulrich reported in April, it’s the current self-driving champion of production cars. But to make sure that the driver doesn’t get lulled into dangerous complacency, the car uses cameras to observe the driver’s eyes and body posture and to jostle him or her back to situational awareness if necessary.
But Pratt suggests that approach reflects backward thinking, too.
“We’ve known since the 1940s that the better the autonomy, the more you tend to overtrust the system,” Pratt says. “That’s why Super Cruise has a monitor that watches you. In Guardian, we’ve flipped the whole nature of who guards whom: We have the person drive.”
Electric scooter startup Grin raises ~$45 million
Grin, an electric scooter startup backed by Y Combinator, has raised a $45.7 million Series A to operate shared, electric scooters in Latin America. Grin, which is based in Mexico City, had previously raised funding from Sinai Ventures, Liquid2 Ventures, 500 Startups, Monashees, Base10 Partners and others. Currently, Grin only operates in Mexico City but… Continue reading Electric scooter startup Grin raises ~$45 million
Around 100,000 Opel vehicles to be recalled in diesel probe – ministry
FRANKFURT (Reuters) – Germany’s Transport Ministry said on Monday it would order roughly 100,000 Opel vehicles to be recalled as part of an emissions probe, after prosecutors searched the carmaker’s offices earlier in the day. FILE PHOTO: An Opel logo is pictured in Ruesselsheim, Germany July 4, 2018. REUTERS/Ralph Orlowski/File Photo German motor vehicle authority… Continue reading Around 100,000 Opel vehicles to be recalled in diesel probe – ministry
Roaring replica Lister V8 roadster for genuine driving thrills
Lister is legendary in the annals of motorsports, a low and lean sports car created in the 1950s by British manufacturer Brian Lister and incorporating Jaguar mechanicals, later adding Chevy V8s to the mix. Last year, the Lister Motor Car Company announced a continuation version of the Lister/Jaguar Knobbly race car. Whether one of the… Continue reading Roaring replica Lister V8 roadster for genuine driving thrills
Judge rejects Lime request to block e-scooter rivals in San Francisco
AP Photo/Jeff Chiu Lime just lost a last-minute bid to delay the launch of San Francisco’s electric scooter pilot program. A judge has denied the company’s request for a temporary restraining order that would have blocked Skip and Scoot from launching their services in the city on October 15th. The company had wanted the San… Continue reading Judge rejects Lime request to block e-scooter rivals in San Francisco
Charging Your Chevy Bolt EV In The Most Insane Way Possible
3 H BY WADE MALONE And here I’ve been parking and plugging in my own electric car like a sucker! We have seen a number of organizations combine a robotic arm with a charging station. Tesla’s snake-like concept garnered the most attention a few years ago. Although the impracticality of these set ups means we haven’t… Continue reading Charging Your Chevy Bolt EV In The Most Insane Way Possible