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
Tag: Autonomous
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
@VW Group: Press shop expansion: Volkswagen reduces the number of truck journeys to Zwickau e-location by 9,000003006
Volkswagen officially inaugurated the press shop expansion in its electric car plant in Zwickau. As of now, the complete outer skin for the six electric models produced in Zwickau will be pressed on site. The €74 million investment will enable further gains to be made in reducing the carbon footprint of the ID.3 and ID.4.… Continue reading @VW Group: Press shop expansion: Volkswagen reduces the number of truck journeys to Zwickau e-location by 9,000003006
Registrations of passenger cars with alternative propulsion to gasoline and diesel grew in April with a market share of more than 30%
May 5, 2021 Posted by: Jorge Platero Category: Faconauto News Alternative powertrains have accounted for 23,907 units sold in April 2021 compared to 474 in 2020 and 11,515 in 2019. The path to the decarbonisation of mobility continues. With the beginning of Moves III, a significant boost to electric mobility was expected. It seems that… Continue reading Registrations of passenger cars with alternative propulsion to gasoline and diesel grew in April with a market share of more than 30%
Lucid Motors taps Waymo, Intel veterans ahead of public listing
Lucid Motors is beefing up its executive and technical leadership team, hiring people from Waymo, Intel and Xperi as it prepares to become a publicly listed company. The automaker said Wednesday that Sherry House, who formerly worked at Waymo, will be its new chief financial officer. House was at Waymo for four years, most recently… Continue reading Lucid Motors taps Waymo, Intel veterans ahead of public listing