Singapore’s ride-hailing firm Grab announced plans Tuesday to go public at a $40 billion valuation. Uber is one company poised to win big, with an investment that will be worth more than $5 billion. This is the latest pivot Uber has made in recent years as it’s pared back cash-burning endeavors. See more stories on… Continue reading Uber is sitting on $18 billion in global investments, with a stake in Grab’s record SPAC deal worth more than $5 billion alone (UBER)
Tag: Autonomous
Ford reveals BlueCruise, its hands-free driving tech to rival Tesla Autopilot and GM’s Super Cruise (F, GM, TSLA)
Ford revealed details about its upcoming hands-free driving system to rival Tesla Autopilot on Wednesday. BlueCruise will enable hands-free driving on more than 100,000 miles of North American highways. It will be available for certain F-150 trucks and Mustang Mach-E crossovers later in 2021. See more stories on Insider’s business page. Ford has teased hands-free… Continue reading Ford reveals BlueCruise, its hands-free driving tech to rival Tesla Autopilot and GM’s Super Cruise (F, GM, TSLA)
Ford takes aim at Tesla, GM with its new hands-free driving system
Ford will debut its new hands-free driving feature on the 2021 F-150 pickup truck and certain 2021 Mustang Mach-E models through a software update later this year, technology that the automaker developed to rival similar systems from Tesla and GM. That hands-free capability — which uses cameras, radar sensors and software to provide a combination… Continue reading Ford takes aim at Tesla, GM with its new hands-free driving system
@FaradayFuture: Faraday Future Selects NVIDIA Drive Orin To Power Flagship FF 91 Luxury EV For Next Generation…
Los Angeles, Calif. (April 12, 2021) — Faraday Future (“FF”), a California-based global shared intelligent mobility ecosystem company, announced today that it is deploying the NVIDIA Drive Orin platform in its flagship ultra-luxury FF 91 electric vehicle. Moving to this next-generation DRIVE Orin system-on-a-chip (SoC) reflects the automaker’s close collaboration efforts and seamless ability to… Continue reading @FaradayFuture: Faraday Future Selects NVIDIA Drive Orin To Power Flagship FF 91 Luxury EV For Next Generation…
Toyota taps Apex.AI for its autonomous vehicle operating system
Automakers shifting to all-electric and tech-laden vehicles have discovered that software — and more aptly software that is free of bugs and can be updated wirelessly — has become a consistent speed bump on the road to attracting customers. It is an issue that plagued Volkswagen’s launch of its all-electric VW ID.3, the 2022 Volvo… Continue reading Toyota taps Apex.AI for its autonomous vehicle operating system
Local Motors begins first-ever autonomous vehicle project at MCAS Miramar
CHANDLER, Ariz., April 14, 2021 /PRNewswire/ — Local Motors, a leader in the development, manufacturing, and deployment of autonomous shuttles, recently began the first-ever project moving packages around Marine Corps Air Station (MCAS) Miramar using an autonomous electric shuttle, Olli. The project is in collaboration with US Ignite, an accelerator of smart communities, and NavalX… Continue reading Local Motors begins first-ever autonomous vehicle project at MCAS Miramar
All-Around Safety: Continental’s New Radar Sensors Offer 360-Degree Coverage With a Longer Range
Τhe sixth generation of long-range radar has been created as a modular system: less complexity allows for potential cost savings while simultaneously increasing performance. Improved object detection thanks to higher resolution, range, availability and responsivity. Surround Radar is specially designed for 360-degree environmental detection with a range of around 200 meters. Long-range radar covers predictive… Continue reading All-Around Safety: Continental’s New Radar Sensors Offer 360-Degree Coverage With a Longer Range
DJI to unveil car-related products on April 19: Report
DJI has reportedly also got other solutions for autonomous driving functions, the report added. Beijing: China-based commercial drone-making company DJI is finally making a move towards the automobile industry as it is releasing car-related products at the Shanghai Auto Show which will commence from April 19-28. The announcement, done on DJI Automotive’s official WeChat account,… Continue reading DJI to unveil car-related products on April 19: Report
Dacia Sandero given two-star rating in Euro NCAP safety test
The Dacia Sandero Stepway has been given a two-star safety rating by Euro NCAP, with the head of the organisation labelling the car’s limited autonomous emergency braking system “disappointing”. The two-star score for the high-riding version of budget brand Dacia’s hatchback was matched by the firm’s Logan saloon in the latest round of testing conducted by the Euro NCAP safety… Continue reading Dacia Sandero given two-star rating in Euro NCAP safety test
China’s Xpeng in the race to automate EVs with lidar
Elon Musk famously said any company relying on lidar is “doomed.” Tesla instead believes automated driving functions are built on visual recognition and is even working to remove the radar. China’s Xpeng begs to differ. Founded in 2014, Xpeng is one of China’s most celebrated electric vehicle startups and went public when it was just… Continue reading China’s Xpeng in the race to automate EVs with lidar