More investors are joining the wave to bet on lidar, the remote sensing method that uses laser light to measure distances and has garnered ample interest from automakers in recent times. But it’s also a technology that has long been scorned by Elon Musk partly due to its once exorbitant costs. Innovusion, a five-year-old lidar… Continue reading Lidar startup Innovusion closes $64M round led by Temasek
Tag: Autonomous
The Station: Einride preps for a US expansion, Argo AI reveals its lidar specs and a Tesla Autopilot reality check
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hello and welcome back to The Station, a weekly newsletter dedicated to all the ways people and packages move (today and in the future) from Point A to… Continue reading The Station: Einride preps for a US expansion, Argo AI reveals its lidar specs and a Tesla Autopilot reality check
Tesla refutes Elon Musk’s timeline on ‘full self-driving’
What Tesla CEO Elon Musk says publicly about the company’s progress on a fully autonomous driving system doesn’t match up with “engineering reality,” according to a memo that summarizes a meeting between California regulators and employees at the automaker. The memo, which transparency site Plainsite obtained via a Freedom of Information Act request and subsequently… Continue reading Tesla refutes Elon Musk’s timeline on ‘full self-driving’
May 3, 2021 Via, the TransitTech company, brings patent infringement lawsuit against RideCo RideCo has intentionally copied Via’s technology…
May 3, 2021 Via, the TransitTech company, brings patent infringement lawsuit against RideCo RideCo has intentionally copied Via’s technology and services, infringing upon four of Via’s “Virtual Bus Stop” patents and overstating its achievements, to the detriment of Via and its customers, Via asserts May 3, 2021 (NEW YORK)-– Via, the leader in TransitTech, today… Continue reading May 3, 2021 Via, the TransitTech company, brings patent infringement lawsuit against RideCo RideCo has intentionally copied Via’s technology…
Tesla has told a regulator that its ‘Full Self-Driving’ tech might not be ready by the end of the year
Tesla said its “Full Self-Driving” feature might be delayed, according to a memo seen by Reuters. Elon Musk has previously said he was “highly confident” that FSD could be achieved this year. The FSD feature, currently a $10,000 add-on, has proved dangerous for some drivers. See more stories on Insider’s business page. Tesla on Thursday… Continue reading Tesla has told a regulator that its ‘Full Self-Driving’ tech might not be ready by the end of the year
WM Motor Chooses BlackBerry QNX to Power Its W6 All-Electric SUV
Armed with the cloud computing power of handling over 1 million Tera operations per second (TOPS), the W6 is China’s first mass-produced vehicle that can autonomously perform specific parking maneuvers. The model features brand-new electronic architecture and is powered by advanced silicon computer technology, a 5G base band and an autonomous driving domain controller. The… Continue reading WM Motor Chooses BlackBerry QNX to Power Its W6 All-Electric SUV
Oculii looks to supercharge radar for autonomy with $55M round B
Autonomous vehicles rely on many sensors to perceive the world around them, and while cameras and lidar get a lot of the attention, good old radar is an important piece of the puzzle — though it has some fundamental limitations. Oculii, which just raised a $55M round, aims to minimize those limitations and make radar… Continue reading Oculii looks to supercharge radar for autonomy with $55M round B
AEye to Present on the Role of Next Generation LiDAR in Achieving Safe, Reliable Autonomy at Top Industry Events
AEye to Provide Real-time Interactive Driving Demos, and Discuss Automotive-grade ADAS and Requirements for Higher Level Autonomy Dublin, CA – May 6, 2021 – AEye, Inc., (“AEye”) the global leader in active, high-performance LiDAR solutions, today announced that AEye executives will present virtually on AEye’s intelligent LiDAR, automotive-grade ADAS, and requirements for L4+ autonomy at… Continue reading AEye to Present on the Role of Next Generation LiDAR in Achieving Safe, Reliable Autonomy at Top Industry Events
Tesla supplier Delta Electronics invests $7M in AI chip startup Kneron
Despite a persistent semiconductor shortage that is disrupting the global automotive industry, investors remain bullish on the chips used to power next-generation vehicles. Kneron, a startup that develops semiconductors to give devices artificial intelligence capabilities by using edge computing, just got funded by Delta Electronics, a Taiwanese supplier of power components for Apple and Tesla.… Continue reading Tesla supplier Delta Electronics invests $7M in AI chip startup Kneron
First Quarter: Continental Achieves Good Result, Confirming its Course for the Future
Consolidated sales of €10.3 billion (Q1 2020: €9.9 billion, +3.5 percent); organic growth of 8.6 percent Adjusted EBIT of €834 million (Q1 2020: €433 million, +92.5 percent) Adjusted EBIT margin of 8.1 percent (Q1 2020: 4.4 percent) Net income of €448 million, (Q1 2020: €292 million, up €156 million year-on-year) Free cash flow before acquisitions,… Continue reading First Quarter: Continental Achieves Good Result, Confirming its Course for the Future