Moody’s downgrades Ford to ‘junk’ status on weak outlook

Shares of Ford fell 2.9 percent to $9.27 in after-hours trading. New York -Moody’s downgraded Ford‘s credit rating to speculative or “junk” status on Monday, citing the company’s weak financial outlook as it embarks on an ambitious restructuring. Characterizing the auto giant’s current overhaul as “unprecedentedly large and challenging,” the ratings agency slashed Ford’s debt… Continue reading Moody’s downgrades Ford to ‘junk’ status on weak outlook

Why Xometry will win the on-demand manufacturing market

If you ever talk to engineers or product designers working on autonomous vehicles, space capsules, rockets or engine components, you would hear them mentioning how difficult and time consuming it is to find optimal manufacturing process for their needs. On the other hand, if you have a chance to talk to machine shops, you would… Continue reading Why Xometry will win the on-demand manufacturing market

Media Showcases How Velodyne Providing Lidar Technology to Optimus Ride

September 6, 2019 Optimus Ride operates self-driving vehicles that provide passenger transportation at low speeds within defined, geofenced areas such as planned communities, campuses and self-driving zones in cities. In just-auto.com, Simon Warburton wrote an article on how Optimus Ride will use Velodyne Lidar sensors in its fleet of self-driving vehicles. The story quotes Optimus… Continue reading Media Showcases How Velodyne Providing Lidar Technology to Optimus Ride

The Argo AI Approach to Deploying Self-Driving Technology: Street-by-Street, Block-by-Block

By Bryan Salesky, CEO, Argo AI An Argo AI self-driving test vehicle on public roads in Pittsburgh, PA, in July 2019. The ‘race’ narrative is often-used when defining the deployment approach of the autonomous vehicle industry. In truth, that depiction hurts the reality of how some of us are actually operating. Self-driving technology is not… Continue reading The Argo AI Approach to Deploying Self-Driving Technology: Street-by-Street, Block-by-Block

Self-Driving Bugaloo: How Ford Is Keeping Autonomous Car Sensors Squeaky Clean

By Venky Krishnan, Autonomous Vehicle Systems Core Supervisor, Ford Motor Company When was the last time you thought about how insects affect your driving? Chances are you never have, since they don’t make much of an impact unless a particularly large one gets smeared across the windshield of your car. Well I do think about… Continue reading Self-Driving Bugaloo: How Ford Is Keeping Autonomous Car Sensors Squeaky Clean

Daimler Trucks begins testing automated trucks on public roads

The deployment on public roads takes place after months of extensive testing and safety validation on a closed loop track. As part of the comprehensive safety process by Daimler Trucks and Torc Robotics, both test track and on-road validation play an integral role in establishing the essential building blocks for successfully advancing automated technology. Martin… Continue reading Daimler Trucks begins testing automated trucks on public roads

Volocopter raises $55M led by Volvo owner Geely, sets 3-year timeline for its flying taxi service

The promise of flying cars has become an idea more synonymous with the tech world’s shortcomings than its exciting potential, but today one of the startups that has been focused on actually trying to make small, airborne vehicles a reality is announcing a fundraise and says it’s on track for a commercial launch in two to… Continue reading Volocopter raises $55M led by Volvo owner Geely, sets 3-year timeline for its flying taxi service

Apple autonomous car spotted with new sensors, possibly all-camera, no LiDAR – 9to5Mac

While the purpose and future of Apple’s autonomous car project is uncertain, the company clearly still has an interest in the technology. What appears to be an Apple self-driving car has been spotted, with an interesting new sensor array… NordVPN Background Apple’s self-driving cars have so far used a mix of sensors, which the company… Continue reading Apple autonomous car spotted with new sensors, possibly all-camera, no LiDAR – 9to5Mac

Tesla battery researcher unveils new cell that could last 1 million miles in ‘robot taxis’

Tesla’s battery research partner has released a new paper on a battery cell that could last over 1 million miles, which they say is going to be particularly useful in ‘robot taxis’ – something that Tesla wants to bring to market. When talking about the economics of Tesla’s future fleet of robotaxis at the Tesla Autonomy… Continue reading Tesla battery researcher unveils new cell that could last 1 million miles in ‘robot taxis’