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’
Tag: Autonomous
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
Lyft is a ‘buy’ despite the slide in its share price after earnings and a regulatory overhang, 2 analysts say (LYFT)
Lyft’s John Zimmer in New Orleans in 2018. Stephen McCarthy/Sportsfile via Getty Images Lyft got some analyst support on Wednesday after earnings with two top Wall Street analysts reiterating their bullish stances. CFRA’s Angelo Zino reiterated his “buy” rating and $75 price target citing improved pricing. Wedbush’s Dan Ives reiterated his “overweight” rating and $85… Continue reading Lyft is a ‘buy’ despite the slide in its share price after earnings and a regulatory overhang, 2 analysts say (LYFT)
GM CEO Mary Barra wants to sell personal autonomous vehicles using Cruise’s self-driving tech by 2030
GM CEO Mary Barra sees the automaker selling personal autonomous vehicles by the end of the decade by leveraging technology from its self-driving subsidiary Cruise, according to comments made during the company’s Wednesday earnings call. Barra wasn’t providing any specifics just yet, but instead laid out a vision for the automaker’s future and how its… Continue reading GM CEO Mary Barra wants to sell personal autonomous vehicles using Cruise’s self-driving tech by 2030