NEW YORK, Jan. 28, 2025 /PRNewswire/ — The global shipbuilding market size is estimated to grow by USD 26.1 billion from 2025-2029, according to Technavio. The market is estimated to grow at a CAGR of 4.4% during the forecast period. increasing seaborne trading is driving market growth, with a trend towards increase in demand for eco-friendly ship However, fluctuations in raw… Continue reading Shipbuilding Market size is set to grow by USD 26.1 billion from 2025-2029, increasing seaborne trading boost the market- Technavio
Tag: Autonomous
Waymo begins testing robotaxis on LA freeways
Waymo robotaxis have become a common sight on Los Angeles surface streets. Now those driverless vehicles are heading to the city’s network of freeways. The Alphabet-owned autonomous vehicle technology company said Tuesday it will begin testing its fleet of robotaxis on the Los Angeles freeway system, including Interstates 10, 110, 405, and 90. These robotaxis… Continue reading Waymo begins testing robotaxis on LA freeways
GM expects to save up to $1 billion on Cruise costs
General Motors expects to save up to $1 billion annually by ending its Cruise robotaxi development program, CEO and Chair Mary Barra said Tuesday during the company’s earnings call. The estimate comes nearly two months after the automaker said it would no longer fund Cruise, its self-driving subsidiary that aimed to commercialize robotaxis. “GM has… Continue reading GM expects to save up to $1 billion on Cruise costs
Waymo lobbyist activity in SF skyrocketed in 2024
Waymo lobbyists had a busy 2024. A recent review of lobbyist disclosure data by the San Francisco Examiner revealed Waymo paid lobbyists to meet with San Francisco government officials 348 times last year, more than double the 137 times it reported in 2023. The pop in lobbyist activity is in sync with Waymo’s expansion in… Continue reading Waymo lobbyist activity in SF skyrocketed in 2024
Exclusive: Sonair takes a cue from dolphins to build autonomous 3D vision without lidar
Ultrasound is perhaps best known as the technology that enables noninvasive body scans and underwater communication and can help us park our cars. A young startup called Sonair out of Norway wants to employ it for something else: 3D computer vision used in autonomous hardware applications. Sonair’s founder and CEO Knut Sandven believes the company’s… Continue reading Exclusive: Sonair takes a cue from dolphins to build autonomous 3D vision without lidar
Waymo is reportedly building a charity ‘tipping’ feature into its robotaxi app
Alphabet-owned autonomous vehicle company Waymo might be planning to test a feature that will allow robotaxi riders to add a “tip” that will go to the charity of their choice after a ride. Jane Manchun Wong, a security researcher who recently hacked the display dome on top of a Waymo vehicle, found the new tip… Continue reading Waymo is reportedly building a charity ‘tipping’ feature into its robotaxi app
Lyft partners with May Mobility, Mobileye to bring autonomous vehicles to the app
It seems Lyft is hoping to catch up to Uber’s string of autonomous vehicle partnerships. Lyft announced Wednesday three separate partnerships — with startup May Mobility, automated driving company Mobileye, and smart dashcam firm Nexar — all aimed at establishing a foothold in the emerging autonomous vehicle market. In the announcement, the ride-hailing company said… Continue reading Lyft partners with May Mobility, Mobileye to bring autonomous vehicles to the app
At CES 2025, Uber teams up with Nvidia to scale autonomous driving faster
Uber will use Nvidia’s new generative world model simulation tool, Cosmos, and cloud-based AI supercomputing platform, DGX Cloud, to support the development of autonomous vehicle technology, the companies announced at CES 2025. Cosmos is being marketed to robotics and autonomy companies as a tool that generates physics-based videos from a variety of inputs, including 9,000… Continue reading At CES 2025, Uber teams up with Nvidia to scale autonomous driving faster
Uber CEO Dara Khosrowshahi resigns from self-driving truck startup Aurora’s board
Dara Khosrowshahi is resigning from the board of autonomous vehicle technology company Aurora Innovation, citing a desire to focus on his ongoing responsibilities as CEO of Uber and reduce external board commitments, according to a Friday regulatory filing. Khosrowshahi’s resignation was effective as of Tuesday. Aurora says Khosrowshahi’s decision to leave the board was not… Continue reading Uber CEO Dara Khosrowshahi resigns from self-driving truck startup Aurora’s board
GM stock falls even as company beats analyst expectations on earnings
watch now DETROIT — General Motors stock fell more than 8% in trading Tuesday even as the company beat Wall Street’s top- and bottom-line expectations for the fourth quarter, while forecasting continued strong results for 2025. Concerns of Wall Street analysts on the company’s quarterly earnings call focused on the automaker’s preparation for changes under the… Continue reading GM stock falls even as company beats analyst expectations on earnings