LYFT AND MOTIONAL DELIVER THE FIRST RIDES IN MOTIONAL’S NEW ALL-ELECTRIC IONIQ 5 AUTONOMOUS VEHICLE

The first fully-electric AV to be available on the Lyft network Las Vegas is the first city in Motional and Lyft’s multimarket commercial deployment LAS VEGAS, Aug. 16, 2022 /PRNewswire/ — Today, Lyft, Inc. (Nasdaq: LYFT) and Motional, a global leader in driverless technology, announced the launch of Motional’s new all-electric IONIQ 5-based robotaxi, an autonomous… Continue reading LYFT AND MOTIONAL DELIVER THE FIRST RIDES IN MOTIONAL’S NEW ALL-ELECTRIC IONIQ 5 AUTONOMOUS VEHICLE

Lyft and Motional’s all-electric robotaxi service is now live in Las Vegas

A new robotaxi service has officially launched for public use in Las Vegas. It’s being run by Lyft and an autonomous vehicle company called Motional and is a prelude to a fully driverless service that is set to launch in the city in 2023. Motional, which is a joint venture between Hyundai and Aptiv, has… Continue reading Lyft and Motional’s all-electric robotaxi service is now live in Las Vegas

All-electric Firefly Sport aimed at driving lessons for kids

The new Firefly Sport has been unveiled as an all-electric, all-British car solely for kids to learn to drive in. While you have to be seventeen and over to drive a car on the public road, there are companies that can get kids behind the wheel a lot sooner such as Young Driver – who’s… Continue reading All-electric Firefly Sport aimed at driving lessons for kids

BlueHalo Awarded $24M Contract for TITAN C-UAS™ Systems

ARLINGTON, Va., Aug. 16, 2022 /PRNewswire/ — The Department of Defense (DoD) has awarded BlueHalo Titan Defense a $24M contract to procure multiple Titan C-UAS systems. Titan, BlueHalo’s AI/ML-powered RF-based Counter-Unmanned Aerial System (C-UAS) solution, is the DoD’s recent selection as a Program of Record (POR) capability. Continue Reading BlueHalo Awarded $27M DoD Contract for… Continue reading BlueHalo Awarded $24M Contract for TITAN C-UAS™ Systems

Global Unmanned Traffic Management (UTM) Market to Reach US$1.6 Billion by the Year 2026

DUBLIN, Aug. 16, 2022 /PRNewswire/ — The “Unmanned Traffic Management (UTM) – Global Market Trajectory & Analytics” report has been added to ResearchAndMarkets.com’s offering. Global Unmanned Traffic Management (UTM) Market to Reach US$1.6 Billion by the Year 2026 Unmanned Traffic Management (UTM) is defined as an automated workflow infrastructure process encompassing flight, from flight planning, through… Continue reading Global Unmanned Traffic Management (UTM) Market to Reach US$1.6 Billion by the Year 2026

Locus Robotics Ranks No. 424 on the 2022 Inc. 5000 Annual List

Locus Robotics Receives Ranking No. 424 Among America’s Fastest-Growing Private Companies for Second Year in a Row. NEW YORK, Aug. 16, 2022 /PRNewswire/ — Inc. Magazine today announced that Locus Robotics is ranked No. 424 on its annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. The list represents a… Continue reading Locus Robotics Ranks No. 424 on the 2022 Inc. 5000 Annual List

Elon Musk drops details about Tesla’s humanoid robot

Tesla Tesla is set to unveil a new humanoid robot, called Optimus, in late September. There’s been a lot of speculation surrounding Tesla’s strategy in entering the robotics market, and a recent post by boss Elon Musk sheds some new light. In the post, published in the China’s Cyberspace Administration’s official publication, Musk continued to… Continue reading Elon Musk drops details about Tesla’s humanoid robot

Tencent plans to sell all or bulk of Meituan stake worth $24b

China’s Tencent Holdings plans to sell all or a bulk of its $24 billion stake in food delivery firm Meituan to placate domestic regulators and monetise an eight-year-old investment, four sources with knowledge of the matter said. Tencent, which owns 17% of Meituan, has been engaging with financial advisers in recent months to work out… Continue reading Tencent plans to sell all or bulk of Meituan stake worth $24b

Arbe Announces Q2 2022 Financial Results

TEL AVIV, Israel, Aug. 16, 2022 /PRNewswire/ — Arbe Robotics Ltd. (Nasdaq: ARBE) (“Arbe”), a global leader in next-generation 4D Imaging Radar Solutions, today announced financial results for its second quarter ended June 30, 2022. Key Q2 2022 Highlights: HiRain Technologies, the leading Chinese ADAS Tier 1 supplier, declared that it is undertaking major OEM and autonomous… Continue reading Arbe Announces Q2 2022 Financial Results

$9.3 Billion Worldwide Automotive OEM Coatings Industry to 2027 – Featuring Akzo Nobel, BASF and Covestro Among Others

DUBLIN, Aug. 16, 2022 /PRNewswire/ — The “Automotive OEM Coatings Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” report has been added to ResearchAndMarkets.com’s offering. The global automotive OEM coatings market reached a value of US$ 7.13 Billion in 2021. Looking forward, the publisher expects the market to reach a value of US$… Continue reading $9.3 Billion Worldwide Automotive OEM Coatings Industry to 2027 – Featuring Akzo Nobel, BASF and Covestro Among Others