Cruise, the autonomous vehicle subsidiary of GM that also has backing from SoftBank Vision Fund, Microsoft and Honda, has secured a permit that will allow the company to shuttle passengers in its test vehicles without a human safety operator behind the wheel. The permit, issued by the California Public Utilities Commission as part of its… Continue reading Cruise can now give passengers rides in driverless cars in California
Tag: Autonomous
Autonomous vehicle startup Aurora in final talks to merge with Reid Hoffman’s newest SPAC
Autonomous vehicle startup Aurora is close to finalizing a deal to merge with Reinvent Technology Partners Y, the newest special purpose acquisition company launched by LinkedIn co-founder and investor Reid Hoffman, Zynga founder Mark Pincus and managing partner Michael Thompson, according to several sources familiar with the talks. One of the sticking points is the… Continue reading Autonomous vehicle startup Aurora in final talks to merge with Reid Hoffman’s newest SPAC
Global Inertial Measurement Unit (IMU) Market to Reach $22.3 Billion by 2026
FACTS AT A GLANCE Edition: 6; Released: March 2021 Executive Engagements: 2781 Companies: 71 – Players covered include Analog Devices Inc.; Bosch Sensortec GmbH; Gladiator Technologies; Honeywell International Inc.; Northrop Grumman Corporation; Parker Hannifin Corp.; Safran Electronics & Defense; STMicroelectronics; TDK Corporation; Teledyne Technologies; Texas Instruments; Thales; Trimble Navigation; VectorNav Technologies and Others. Coverage: All major geographies and key segments Segments: Grade… Continue reading Global Inertial Measurement Unit (IMU) Market to Reach $22.3 Billion by 2026
German Handelsblatt: Camper: “The main thing is, bed on board”: Volkswagen is targeting younger buyers with the Caddy California002176
VW Caddy California – minimalism is the key (Photo: vw) Fladungen California – a sonorous name in the motorhome community. For over three decades it has stood for Volkswagen’s bestselling campervan. But the current version T6.1 is no longer alone. Two years ago, the Grand California based on the great Crafters was added, and the… Continue reading German Handelsblatt: Camper: “The main thing is, bed on board”: Volkswagen is targeting younger buyers with the Caddy California002176
Frost & Sullivan Reveals How to Leverage Digitization of the Global Vehicle Aftermarket to Gain a Competitive Advantage
Join Frost & Sullivan’s aftermarket experts Anuj Monga and Stephen Spivey, along with Ben Johnson, Director of Product Management for Mitchell1, for the Growth Opportunity briefing, “Global Automotive Aftermarket: Strategies for Revenue Generation & Growth,” on June 8 at 10 a.m. CST. In this webinar, discover how market participants can leverage the digitization of the… Continue reading Frost & Sullivan Reveals How to Leverage Digitization of the Global Vehicle Aftermarket to Gain a Competitive Advantage
China’s Oceanpine Capital closes RMB fund at $313m for deep tech bets …
Chinese investment firm Oceanpine Capital has closed a new RMB-denominated fund at 2 billion yuan ($313.4 million) as it seeks to up the ante on deep technology investments. The fund was closed within three months of its launch, Oceanpine said in a WeChat post on Wednesday. The new vehicle secured commitments from local government-guided funds,… Continue reading China’s Oceanpine Capital closes RMB fund at $313m for deep tech bets …
Ford CEO says US needs to regulate automated driving systems – Stuff.co.nz
The CEO of America’s second-largest auto company is calling for the federal government to set standards for fully or partially automated vehicles to tighten the safety of electronic driving systems. In urging federal regulation, Ford CEO Jim Farley becomes the highest-profile auto executive to publicly recognise a need to more closely monitor the emerging technology,… Continue reading Ford CEO says US needs to regulate automated driving systems – Stuff.co.nz
Realtime Robotics Raises $31.4M in Series A Funding
Realtime Robotics, a Boston MA-based company which specializes in autonomous motion planning for industrial robots, raised $31.4M in Series A funding. New strategic investors including HAHN Automation and SAIC Capital Management, as well as new institutional investors Soundproof Ventures and Heroic Ventures, joined existing investors SPARX Asset Management, Omron Ventures, Toyota AI Ventures, Scrum Ventures… Continue reading Realtime Robotics Raises $31.4M in Series A Funding
Tesla disrupted by traditional mechanics
A Tesla electric vehicle (EV) drives past a crossing in Shanghai, China March 9, 2021. REUTERS/Aly Song/File Photo – RC2WIN94V64E Tesla (TSLA.O) is discovering that even new carmakers can suffer old problems. The electric-car maker’s China orders nearly halved in May from a month earlier, The Information reported on Thursday, after jitters over its quality… Continue reading Tesla disrupted by traditional mechanics
Watch Tesla Autopilot Get Bamboozled by a Truck Hauling Traffic Lights
Who put all these traffic lights in the middle of the road? Stop and Go A Tesla Model 3 owner encountered an unusual glitch while using the Autopilot assisted driving system on the highway: The car seemed to detect an endless trail of traffic lights all the way down the road as it traveled upwards… Continue reading Watch Tesla Autopilot Get Bamboozled by a Truck Hauling Traffic Lights