Self-driving car startup Nuro is ready to put autonomous vehicles on the road in partnership with Kroger to deliver groceries in Scottsdale, Arizona. This comes a couple of months after Nuro and Kroger announced their partnership to offer same-day deliveries. This pilot will serve a single Fry’s Food and Drug location in Scottsdale starting today. Customers… Continue reading Nuro and Kroger are deploying self-driving cars for grocery delivery in Arizona today
Tag: Autonomous
Ford says slow-and-steady will win the self-driving car race
Ford doesn’t want to be the first company to offer self-driving cars to the public; it it wants to be the brand most synonymous with the word “trust” — at least, that’s what the company says in its self-driving safety report, which it delivered to the US Department of Transportation Thursday. The 44-page document, entitled… Continue reading Ford says slow-and-steady will win the self-driving car race
Uber losses widen as it pours cash into new ventures
Uber’s losses widened in its second quarter as it poured cash into new services, such as food delivery and autonomous car technology, and aggressively expanded its core ride-hailing services overseas. The San Francisco-based company reported adjusted losses before interest, tax, depreciation and amortisation of $404m (£318m) for the three months to the end of June, compared to $304m… Continue reading Uber losses widen as it pours cash into new ventures
Uber reports Q2 losses of $404 million, up 32 percent from Q1
While Uber isn’t required to disclose its financial results, Uber has done so for the past few quarters as it gears up to go public next year. In Q2 2018, Uber’s net revenue was up 8 percent quarter-over-quarter, at $2.7 billion. Year-over-year, that’s a 51 percent increase. Uber recorded gross bookings — the total taken… Continue reading Uber reports Q2 losses of $404 million, up 32 percent from Q1
NAVYA AND KEOLIS LAUNCH THE FIRST AUTONOMOUS SHUTTLE PILOT PROJECT ON PUBLIC ROADS IN CANADA
14 August 2018 NAVYA AND KEOLIS LAUNCH THE FIRST AUTONOMOUS SHUTTLE PILOT PROJECT ON PUBLIC ROADS IN CANADA NAVYA and Keolis Canada announced on August 10 the launch of an 12-month autonomous shuttle pilot project that will begin in late August in Candiac, Quebec. The AUTONOM SHUTTLE will operate on public roads in mixed traffic… Continue reading NAVYA AND KEOLIS LAUNCH THE FIRST AUTONOMOUS SHUTTLE PILOT PROJECT ON PUBLIC ROADS IN CANADA
CORRECTED-NIO seeks to raise $1.8 bln in biggest U.S. listing by China automaker
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
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