U.S. rejects Tesla bid for tariff exemption for Model 3 ‘brain’

WASHINGTON (Reuters) – U.S. trade officials rejected Tesla Inc’s bid for relief from President Donald Trump’s 25 percent tariffs on the Chinese-made computer “brain” of its Model 3 electric vehicles, one of more than 1,000 product denials linked to China’s industrial development plans. FILE PHOTO: A 2018 Tesla Model 3 electric vehicle is shown in… Continue reading U.S. rejects Tesla bid for tariff exemption for Model 3 ‘brain’

The Value We Place on Diversity and Inclusion

The Value We Place on Diversity and Inclusion By Bryan Salesky, CEO Argo AIBlockedUnblockFollowFollowing May 3 There are countless studies on the importance of a diverse and inclusive workforce, and most focus on the fact that diversity is good for business. We couldn’t agree more, but at Argo it’s more than that. Our technology is being… Continue reading The Value We Place on Diversity and Inclusion

Hyundai Motor Group and Baidu Fortify Partnership to Expedite Next Generation Connected Car Era

News

All

SUBSCRIBE TO RSS FEED

XML

Hyundai and Baidu strengthen cooperation for connected car technologiesPartnership to co-develop connected car service that provides wide range of in-car content based on big data, maps, AI, and portal servicesHyundai Motor Group vehicles embedded with Xiaodu In-Car OS to be developed for volume productionPartnership to advance in-vehicle voice recognition services based on Baidu’s natural language processing and Hyundai’s noise cancellation technologiesJoint efforts to speed up launch of intelligent vehicle-to-home services continueHyundai Motor Group (Hyundai) and Baidu today announced the signing of a memorandum of understanding (MOU) for Internet of Vehicles (IoV), signaling their commitment to strengthening cooperation on next-generation connected car technologies. The newly-signed MOU will see the existing partnership — between the world's fifth-largest auto-making group and the leading Chinese language Internet search provider — re..

All-electric Kia Niro EV crossover now on sale in Korea

News

All

SUBSCRIBE TO RSS FEED

XML

Combines efficient electric power with crossover space and practicalityCapable of up to 385 kilometersof zero-emissions driving on single chargeCompletes eco-friendly Niro crossover range, alongside Niro Hybrid and Plug-in Hybrid versions – 200,000 Niro models sold since 2016European sales of Niro EV to follow at end of 2018 and North America in Q1 2019The new Kia Niro EV goes on sale today in Korea, combining an all-electric, zero-emissions powertrain with crossover practicality, intelligent packaging and eye-catching design. A long-distance driving range of up to 385 kilometers makes it one of the most capable electric vehicles on sale anywhere in the world. The Niro EV occupies a unique position in the global market as an all-electric CUV (crossover utility vehicle), and sits alongside the existing Hybrid and Plug-in Hybrid variants of the car – of which more than 200,000 have sold globally since the Niro’s introduction in 2016. The Korean ..

Autopilot or not, Tesla adds two more levels of lane assistance

2019 Tesla Model 3 Performance
On its way to rolling out full self-driving, Tesla will use the technology to add two more basic safety features to all its cars, the company announced on Thursday.

Tesla's Autopilot system can often track lanes better than most other self-driving systems—and occasionally not. But the cars have to be equipped with Autopilot and drivers have to have the Autopilot system engaged for that ability to work.

Now the company is making the active steering features of Autopilot standard on all its cars for safety's sake. Tesla calls the features Lane Departure Avoidance and Emergency Lane Departure Avoidance.

MUST READ: Musk aims to transform Tesla into self-driving robo-taxi company

Unlike Autopilot, the systems are designed to work in the background, while the driver is actively driving the car.

The Lane Departure Avoidance systems add to the standard Lane Departure Warning system already standard on Teslas. If the car's cameras determine it is actively straying from its lane, between 25 and 90 mph, the car can nudge the steering to bring it back in line in addition to warning the driver. The Lane Departure Warning System only vibrated the steering wheel and provided visual warnings.

The difference between Lane Departure Avoidance and Emergency Lane Departure Avoidance is that the first system intervenes earlier and more often, and drivers have to turn it on for it to work. Emergency Lane Departure Avoidance is activated automatically every time the car turns on and intervenes later (and less often) but more forcefully if the driver allows the car to approach a lane-line too closely or quickly without using a turn signal, or if the car's sensors detect an imminent collision. Drivers can also override this system or turn it off, but it resets as soon as the car restarts.

Tesla Lane Departure Avoidance screen

Many other automakers make such active lane control systems standard in varying degrees. Such active lane control systems have been shown to reduce accidents resulting from cars running off the road, which can lead to rollovers and are among the most severe types of crashes.

CONSIDER THIS: Tesla Full Self-Driving will still require drivers when it arrives later this year

Tesla says the systems will be pushed out to existing cars, starting Thursday, via an over the air update, although an update some Tesla owners received Thursday night did not include the system.

In a blog announcing the systems, the company said, “We believe that lane-keeping and hands-on monitoring can be extremely effective to prevent accidents. These features apply some of the best parts of Autopilot to help all of our customers stay engaged and in their lane in order to avoid collisions when Autopilot is not in use.”

CHECK OUT: No more turn-signal affirmation for Tesla Navigate on Autopilot

More broadly, the move represents a branding shift for Tesla away from the term Autopilot toward following the practices of other major automakers, making Level 2 driver assist features standard safety items and saving promises of fully autonomous Level 4 and Level 5 self-driving for the future.

Tesla said last week at an Autonomy Day event that it sees that Full Self-Driving Capability future coming sooner than many other traditional automakers—as soon as the end of this year for the capability, said CEO Elon Musk—though it may still require several years to win legal approval.

SoftBank mulls IPO of $100 billion Vision Fund: source

(Reuters) – Japan’s SoftBank Group Corp is considering an initial public offering of its $100 billion Vision Fund, a source familiar with the matter said on Friday. FILE PHOTO: The logo of SoftBank Group Corp is displayed at SoftBank World 2017 conference in Tokyo, Japan, July 20, 2017. REUTERS/Issei Kato/File Photo The fund was set… Continue reading SoftBank mulls IPO of $100 billion Vision Fund: source

Indonesia’s trucking solutions platform Ritase raises Series A capital

May 3, 2019 Indonesian trucking service platform Ritase has raised an undisclosed amount in a Series A funding round to facilitate its business plans. The capital raised will be used for geographical expansion, as the company plans to foray into two new regional markets this year, it announced at a media event. Even as the… Continue reading Indonesia’s trucking solutions platform Ritase raises Series A capital

AUDI AG: first quarter of 2019 still affected by adverse factors

As expected, the Audi Group has embarked upon a very challenging financial year 2019. First-quarter revenue and operating profit decreased compared with the high levels of the previous year. At 8.0 percent, the operating return on sales was within the range of 7 to 8.5 percent that had been forecast for 2019, but was below… Continue reading AUDI AG: first quarter of 2019 still affected by adverse factors

Volkswagen brand boosts sales revenue and result

First-quarter sales revenue grows by 7.1 percent compared with previous year to €21.5 billion Operating profit before special items rises by 4.8 percent to €921 million Brand confirms operating return target of 4 to 5 percent for entire year Board Member for Finance Dr. Arno Antlitz: “New SUV’s enrich our range of products. Focus on… Continue reading Volkswagen brand boosts sales revenue and result

BMW Group launches new communication format.

Munich. The BMW Group will strike out in a new direction with regard to how it presents its future technologies, services and products. From 25 to 27 June 2019 the company invites selected international journalists, analysts and further stakeholders to “BMW Group #NEXTGen” at BMW Welt in Munich. The event is also live-streamed publicly. The… Continue reading BMW Group launches new communication format.