Tag: Autonomous

Daimler Trucks labour chief wants clean tech investments in Germany

By Reuters Staff 2 Min Read FILE PHOTO: The Daimler logo is seen before the carmaker’s annual shareholder meeting in Berlin, Germany, April 5, 2018. REUTERS/Hannibal Hanschke/File Photo FRANKFURT (Reuters) – Daimler Trucks, which is being spun off by its parent group later this year, should invest much of a 1.5 billion euro ($1.8 billion)… Continue reading Daimler Trucks labour chief wants clean tech investments in Germany

Researchers Levitated a Small Tray Using Nothing but Light

Their simulations estimated that a 6-centimeter plate could carry 10 milligrams of cargo in the mesosphere under natural sunlight. Ten milligrams may not sound like much; a drop of water weighs five times as much. But engineering advances have shrunk silicon chips into dust-sized sensors far smaller than that. These “smart dust” systems can fit… Continue reading Researchers Levitated a Small Tray Using Nothing but Light

Elon Musk says he wants the new Tesla Roadster to be able to hover ‘without, you know, killing people’

Elon Musk said he wanted the next Roadster to be able to hover “like a meter” off the ground. He told Joe Rogan he was trying to work out how to do this “without, you know, killing people.” Musk has already promised some versions of the Roadster will come with rocket thrusters. Visit the Business… Continue reading Elon Musk says he wants the new Tesla Roadster to be able to hover ‘without, you know, killing people’

VW explores feasibility of building flying cars – Automotive News Europe

HAMBURG — Volkswagen Group is conducting a feasibility study into flying cars, joining a growing number of companies looking into the potential technology. “Beyond autonomous driving the concept of vertical mobility could be a next step to take our mobility approach into the future, especially in the Chinese market,” VW said on Tuesday. “Therefore, we… Continue reading VW explores feasibility of building flying cars – Automotive News Europe

Autonomous Vehicles for Airports: Multiple Use Cases

It may be difficult to imagine at this moment, but the International Air Transport Association (IATA) predicts that air travel will double by 2036 — from 4 billion travelers in 2019 to 8 billion in 2036. While the pandemic-induced reduction in air travel has caused steep reduction in air traffic, Ty Osbaugh, director of aviation… Continue reading Autonomous Vehicles for Airports: Multiple Use Cases

Stellantis boss Tavares tours Detroit plants, talks up Chrysler brand

The Chrysler brand got props Wednesday from the new CEO of the merged company that controls its fate. Carlos Tavares, CEO of Stellantis, told reporters that Chrysler is one of three historical pillars that make up the foundation of the company, along with Peugeot and Fiat. Stellantis was formed last month from the merger of Peugeot maker… Continue reading Stellantis boss Tavares tours Detroit plants, talks up Chrysler brand

Uber investors struggled to grasp its Q4 earnings, reflecting the company’s uncertain road to profitability (UBER)

Uber reported its Q4 2020 earnings on Wednesday, and its mixed results highlighted the uncertain road ahead for the company, which has yet to turn a profit in its twelve-year history. Uber beat Wall Street’s earnings expectations, losing $0.54 per share versus estimates of $0.55 — but it fell short on revenue, with $3.17 billion… Continue reading Uber investors struggled to grasp its Q4 earnings, reflecting the company’s uncertain road to profitability (UBER)

Uber and Lyft are getting less unprofitable, but COVID-19 is still a drag on their business

Uber and Lyft reported their quarterly earnings this week, and while both companies are showing signs of improvement, the COVID-19 pandemic continues to cast a long shadow over the overall ride-hailing business. It raises the question of how both companies, neither of which have ever turned a profit, can hope to claw their way out… Continue reading Uber and Lyft are getting less unprofitable, but COVID-19 is still a drag on their business

Kargo raises $6M to smarten up loading docks for the coming wave of autonomy

When Sam Lurye looks at a loading dock he sees both a bottleneck in the world’s supply chain and an opportunity.  The opportunity — driven by a tension between the digital and physical infrastructure at warehouse distribution centers and factories today and the push toward autonomy — prompted Lurye to found Kargo, a smart loading… Continue reading Kargo raises $6M to smarten up loading docks for the coming wave of autonomy