Tube Investments Clean Mobility, the wholly-owned subsidiary of Tube Investments has entered into a definitive agreement for the acquisition of a 65 percent stake in IPLTech Electric, a startup that manufactures electric heavy commercial vehicles. The company will buy the stake for Rs 246 crore and expects to complete the acquisition process by October 2022.… Continue reading Tube Investments to invest Rs 246 crore in electric CV startup
Tag: Mobility
World’s “Fastest Airliner” Could Cross Atlantic In Just 3.5 Hours
“Aviation has not seen a giant leap in decades.” The Overture Airline company Boom Supersonic has shown off brand new renders of its Overture aircraft, which it claims will become the “world’s fastest airliner.” The company unveiled the “production design” of the sleek jet, which includes four engines, a new fuselage, and fewer passenger seats… Continue reading World’s “Fastest Airliner” Could Cross Atlantic In Just 3.5 Hours
Baidu Unveils Next-Gen Autonomous Vehicle, Ready to Provide Driverless Robotaxi Half of Taxi Fares
“This massive cost reduction will enable us to deploy tens of thousands of AVs across China. We are moving towards a future where taking a robotaxi will be half the cost of taking a taxi today,” said Robin Li, Co-founder and CEO of Baidu, at Baidu World 2022, the company’s flagship technology conference. As Baidu’s… Continue reading Baidu Unveils Next-Gen Autonomous Vehicle, Ready to Provide Driverless Robotaxi Half of Taxi Fares
Analysis of Automotive Security Technology from Patent Data: Panasonic Ranks No. 1 in Japan, U.S. and Europe
Background Yokohama, Japan – With the innovative development of automated driving technologies, the progress of digitalization, and the increase in the number of vehicles connected to networks, known as connected cars, the risk of cyber attacks targeting automobiles is increasing every year. Therefore, the automotive industry urgently needs to create a system to monitor and… Continue reading Analysis of Automotive Security Technology from Patent Data: Panasonic Ranks No. 1 in Japan, U.S. and Europe
Tesla to increase cost of FSD beta software beyond its $12,000 price tag
Tesla plans to increase the price of its branded “full self-driving” beta software, the advanced driver assistance system that CEO Elon Musk has said will mean the difference between the company “being worth a lot of money or worth basically zero.” Tesla vehicles today come standard with its driver assistance system called Autopilot. For an… Continue reading Tesla to increase cost of FSD beta software beyond its $12,000 price tag
GM, Ford seek U.S. OK to deploy self-driving vehicles without steering wheels
July 20 (Reuters) – General Motors (GM.N) and Ford Motor (F.N) have asked U.S. auto safety regulators to grant exemptions to deploy a limited number of self-driving vehicles without human controls like steering wheels and brake pedals. The National Highway Traffic Safety Administration (NHTSA) on Wednesday published the separate petitions and opened them for public… Continue reading GM, Ford seek U.S. OK to deploy self-driving vehicles without steering wheels
Japan Post Unveils Cutting-Edge Initiative to Digitize Roads for Digital Maps Using Innoviz LiDAR
The Initiative Enables Next-Generation Services Including Autonomous Driving and Unmanned Delivery TEL AVIV, Israel and TOKYO, July 21, 2022 /PRNewswire/ — Innoviz Technologies Ltd. (NASDAQ: INVZ) (the “Company” or “Innoviz”), a leading provider of high-performance, automotive-grade LiDAR sensors and perception software, today announced that Japan Post, a special private company under the jurisdiction of the Ministry… Continue reading Japan Post Unveils Cutting-Edge Initiative to Digitize Roads for Digital Maps Using Innoviz LiDAR
@Ford: Ford Trials Robot Charging Station Designed to Give Disabled Drivers a Much Needed Helping Hand
For most of us, filling a car with fuel, or charging an electric vehicle is a simple task. But for disabled drivers, people with reduced mobility and older people it can be a significant challenge. Now, Ford has developed a prototype robot charging station that drivers operate via their smartphone from inside their electric… Continue reading @Ford: Ford Trials Robot Charging Station Designed to Give Disabled Drivers a Much Needed Helping Hand
Lyft lays off about 60 employees, shutters in-house car rentals program
Lyft has joined the ranks of tech companies trimming its workforce. The news of the layoffs, initially spotted in LinkedIn posts by now-former Lyft employees, has been confirmed by the company. Lyft said it has laid off about 60 people and dropped its in-house car rental service and is consolidating global operations. The Wall Street… Continue reading Lyft lays off about 60 employees, shutters in-house car rentals program
Tesla surpasses 35 million miles driven on Full Self-Driving Beta, and pace is ramping up
Tesla is reporting that its fleet of customers driving with the Full Self-Driving (FSD) Beta has now surpassed 35 million miles driven, and the pace is ramping up. FSD Beta enables Tesla vehicles to drive autonomously to a destination entered in the car’s navigation system, but the driver needs to remain vigilant and ready to… Continue reading Tesla surpasses 35 million miles driven on Full Self-Driving Beta, and pace is ramping up