HONG KONG/SHANGHAI (Reuters) – Chinese electric vehicle start-up NIO on Monday filed for a $1.8 billion initial public offering of its American depositary shares, the biggest U.S. listing by a Chinese automaker. FILE PHOTO: Visitors check NIO ES8 displayed during a media preview of the Auto China 2018 motor show in Beijing, China April 25,… Continue reading CORRECTED-NIO seeks to raise $1.8 bln in biggest U.S. listing by China automaker
Tag: Autonomous
FiveAI to start a trial of its shared autonomous car fleet in London in 2019
After raising $35 million to develop driverless car technology and a strategy to build a fleet of shared vehicles, UK startup FiveAI is announcing its first on-street trial: a service aimed at commuters in the London outer boroughs of Bromley and Croydon. Projected to begin in late 2019, it will kick off first with a… Continue reading FiveAI to start a trial of its shared autonomous car fleet in London in 2019
There are big doubts about how Musk will pull off the Tesla buyout, but Morgan Stanley may have found a way
Morgan Stanley is telling its clients there might a way to get funding for Elon Musk’s plan to take Tesla private.
Tesla shareholders who sell if EV maker goes private will be losers for one big reason: A.I.
Nidhi Kalra, senior information scientist for the nonprofit research organization RAND Corporation, has said that any simulation used by Waymo or another Tesla competitor is a simplification of the real world: “Real-world miles still really, really matter. That’s where, literally, the rubber meets the road, and there’s no substitute for it.” Billions of new sensors… Continue reading Tesla shareholders who sell if EV maker goes private will be
losers for one big reason: A.I.
Local Motors Announces Olli Shipment to University at Buffalo · Local Motors
Press and Releases The mobility company by LM Industries has partnered with the University at Buffalo on a transportation and sustainability initiative centered on its autonomous, electric, 3D-Printed shuttle. PHOENIX, August 9, 2018 — Today, Local Motors by LM Industries, known for 3D-Printed mobility solutions, announced the deployment and launch of operations of Olli at… Continue reading Local Motors Announces Olli Shipment to University at Buffalo · Local Motors
Self-Driving Truck Startup Kodiak Secures $40 Million in Series A
Even though Uber Technologies recently abandoned its self-driving truck program, a company started by individuals with ties to Otto, the self-driving technology company acquired by Uber, and Google’s self-driving car team, has received financial backing to continue the development of systems that will allow trucks to be retrofitted to drive autonomously. Kodiak Robotics, founded in… Continue reading Self-Driving Truck Startup Kodiak Secures $40 Million in Series A
Apple hints at plan to build a car after all as it rehires ex-Tesla engineering head
If you’re looking for hints that Apple might deliver on its long-rumored plan to develop its own car, a significant one landed this week after it emerged that Doug Field — Apple’s former VP of Mac hardware engineering — has rejoined from the company after a spell with Tesla. John Gruber at Daring Fireball broke… Continue reading Apple hints at plan to build a car after all as it rehires ex-Tesla engineering head
Press release / August 9, 2018 LeddarTech delivers first LCA2 LiDAR chips to automotive partners LeddarTech has delivered the first A-samples of its LCA2 system-on-chip and now offers evaluation kits to select automotive partners.
Leddartech/Press release/LeddarTech delivers first LCA2 LiDAR chips to automotive partners
-News Release-
LeddarTech delivers first LCA2 LiDAR chips to automotive partners
Samples and evaluation kits of industry’s first 3D SSL system-on-chip ships to first partners for autonomous driving applications.
QUEBEC CITY, August 9th, 2018 – LeddarTech has delivered the first A-samples of its LeddarCore LCA2 system-on-chip (SoC) to select automotive partners that will be publicly disclosed at a later date this year. The LCA2 is the autonomous vehicle industry’s first 3D solid-state LiDAR (SSL) SoC and is available now to Tier-1 automotive manufacturers and system integrators via purchase of the LeddarTech LCA2 evaluation kit. High-volume delivery of the LCA2 will begin in the first half of 2019 for deployment in Autonomous Driving (AD) and Advanced Driving Assistance Systems (ADAS).
The LCA2 uses LeddarTech’s LeddarSP signal processing software to produce raw LiDAR data such as distance, position, and intensity of echoes. LCA2 is suitable for a wide range of applications, can be produced in high volumes for rapid mass-market deployment, and is ideal for SSL used in AD/ADAS. LeddarTech’s LiDAR technology is supported by an IP portfolio containing 58 patents (44 granted, 14 pending).
“We’re proud to be the first company in the industry to deliver 3D solid-state LiDAR SoCs,” said LeddarTech General Manager of Automotive Business Unit Michael Poulin. “This announcement shows that LeddarTech is a company that’s beyond the point of conceptualization and delivers on its ideas and promises.”
LCA2 evaluation kits are available to prospective automotive partners to benchmark the technology against intended application requirements. Kits contain:
• One fully-functional solid-state LiDAR unit integrating an LCA2 SoC
• LeddarSP signal processing software
• Additional software to facilitate evaluation and application development
Tier-1s and OEMs that order an evaluation kit are able to immediately begin application development and integration efforts of their custom LCA2-based LiDAR. To accelerate and support partner development of LCA2-based LiDAR, LeddarTech is providing engineering services and access to the company’s SSL experts. LeddarTech’s ecosystem partners are also supporting customers in making the proper selection and integration of key components such as lasers and photodetectors.
“LeddarTech’s LCA2 SoCs present an opportunity for our partners to develop their own optimized and tailored LiDAR solution and develop strong in-house LiDAR expertise,” said Poulin. “We now have a wide ecosystem of developers and suppliers adopting our LiDAR platform, which will accelerate optimization and cost reduction of solutions, hence supporting increased speed of adoption of autonomous driving.”
Learn more about LeddarCore LCA2 applications in automotive
Inquire about the LCA2 Eval Kits
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Apple’s AR windshields could soothe anxious passengers and let you FaceTime with friends
Self-driving cars from Apple could have AR displays.Image: ROBYN BECK/AFP/Getty Images By Sasha Lekach2018-08-09 01:35:35 UTC Your car could act a lot more like your iPhone in the future — at least according to Apple patent filings for an augmented reality windshield. Patently Apple found a European patent application for a windshield display that presents… Continue reading Apple’s AR windshields could soothe anxious passengers and let you FaceTime with friends
Musk tweet sparks debate on Tesla leadership
As a corporate governance expert, Atkins also sits on the board of at least four public companies, including Cognizant, Wynn Resorts, SL Green Realty and Schneider Electric, as well as the privately held Volvo Cars. “Tesla’s board knows they have a rogue CEO. Why aren’t they doing more?” Atkins said Wednesday on CNBC’s “Squawk on… Continue reading Musk tweet sparks debate on Tesla leadership