A former NEA partner and a former Uber exec just closed their $140 million debut VC fund

Dayna Grayson and Rachel Holt seemingly didn’t have the best timing. It was late in 2019 when the two, who met six years ago in Washington through a mutual acquaintance, decided to act on earlier conversations and start a fund together called Construct Capital. At the time, Grayson spied an opportunity to create a new… Continue reading A former NEA partner and a former Uber exec just closed their $140 million debut VC fund

@Nissan: 2021/02/09 Nissan reports April-December results for fiscal year 2020 N…000211

2021/02/09 [embedded content] YOKOHAMA, Japan – Nissan Motor Co., Ltd. today announced financial results for the April-December period of fiscal year 2020 and the revised outlook for fiscal year 2020. In the third quarter of the fiscal year, consolidated net revenue was 2.22 trillion yen, consolidated operating profit was 27.1 billion yen, and the operating… Continue reading @Nissan: 2021/02/09 Nissan reports April-December results for fiscal year 2020 N…000211

4Sight for ITS Applications

OverviewFrom tolling automation, intersection traffic management, smart mobility infrastructure, autonomous parking and more, ITS applications are diverse, yet demand similar requirements for their perception sensors. The trouble with traditional ITS perception systems is that cameras alone fail to accurately detect in adverse weather and poor lighting conditions, radar captures only 2D data and can be spoofed, and other alternatives in sensing are now simply out-of-date.
At a foundational level, all ITS applications require: high accuracy object detection and classification (vehicle, truck, cyclist, pedestrian, etc.), solid-state, long-term reliability, and the ability to perform in all weather conditions.
4Sight’s Unique CapabilitiesNo other sensor system can take on all ITS application requirements like AEye’s 4Sight, which can be used to obtain high quality traffic data, detect near-miss incidents, and provide safety solutions to help prevent accidents for a safer, more efficient world.
4Sight is built on its award-winning iDAR™ platform, which fuses solid-state agile LiDAR, an optional camera, and integrated AI to create a smart, software-definable sensor that extracts only the data that matters—enabling fast, accurate perception. AEye’s intelligent, solid-state LiDAR allows for the customization of scanning capabilities for any ITS application. With 4Sight, the user can optimize scanning configuration and parameters for their unique application to achieve the highest level of detection and classification possible. For example, intersection traffic management applications require flawless pedestrian detection. With 4Sight, it is possible to generate unique ultra-high resolution Regions of Interest (ROIs) at pedestrian crosswalks and along the sides of the road to better detect and classify pedestrians and cyclists.
With 4Sight, basic perception can now be distributed to the edge of the sensor network, enabling the collection of data in real time, enhancing existing centralized perception software platforms by reducing latency, lowering costs and achieving classification at range.Built on 1550nm LiDAR, 4Sight delivers superior performance in adverse weather. 4Sight enables the configuration of a library of deterministic scan patterns that can be customized and fixed or triggered to adjust to changing environments and external input. Therefore, a weather specific scan pattern can be triggered when the system detects rain.AEye’s 4Sight sensors were initially developed for the automotive market and have an Ingress Protection of IP69K. AEye’s innovative and patented approach to MEMS makes them the most robust and ruggedized for ITS or any application that experiences a lifetime of shock and vibration, surpassing even the most stringent automotive standards. Request a live, virtual demo4Sight for ITS Applications —AEye Insights: 2021 Transportation TrendsCoffee Talk: Jordan GreeneTime of Flight vs. FMCW LiDAR: A Side-by-Side ComparisonCoffee Talk: Philippe FéruCoffee Talk: Stephen Lambright50G Positive Z-DirectionAEye Appoints Blair LaCorte as CEO; Luis Dussan Named President and CTOAEye Unveils 4Sight™, a Breakthrough LiDAR Sensor That Delivers Automotive Solid-State Reliability and Record-Breaking PerformanceAEye Reveals Advanced MEMS That Delivers Solid-State Performance and Reliability Needed to Advance Adoption of Low-Cost LiDAR

AEye Insights: The Road to Electrification

In this installment of the AEye Insights series, AEye Founder and VP of Corporate Development, Jordan Greene sits down with Ryan Popple, AEye Advisor, General Partner at R7 and Executive Director at Proterra to discuss current trends in electrification and urban transportation, the importance of smart sensors, and the implementation of fully autonomous charging stations.
JG: Hello, everybody. Welcome to AEye Insights, where we talk industry trends with proven business leaders. Our guest today is Ryan Popple, AEye Advisor, General Partner at R7 and Executive Director at Proterra, a company that designs and manufactures zero emission buses. Ryan, welcome and thank you for joining us.RP: Thanks for having me, Jordan.
JG: Ryan, we’ll just dive right into it. You have been involved in a number of really interesting things in next generation mobility, both on the corporate and the investment side. Can you tell us a little bit about your experience in this sector?RP: Sure. I’ve been working on mobility technology, specifically with a sustainability aspect to it, for about the last 15 years. I worked on biofuels, and was an early employee at Tesla Motors. I saw Tesla through the early development of its technology and the launch of its first car, the Tesla Roadster, and also worked on the origin of the Model S program, when EV was the focus and AV was just getting started. Also, as you mentioned, I worked on the investment side in venture capital, again, focused on mobility technologies, including EV charging, telemetry, fleet management and EV fleet vehicles like Proterra. And then for five-and-a-half years, I was the CEO of Proterra. I saw the company through early commercialization, past its first hundred million dollars of revenue, and, as mentioned, I’m currently on the board of Proterra and also general partner with R7.
JG: You’ve had a lot of experiences within the electric vehicle domain and urban transportation. Where do you think we are today as far as the development cycle? And what trends are you seeing in the market?RP: I think autonomy and sensor technology is very much following a similar curve to electric vehicle technology, and it’s probably lagged by a few years, but it is helpful for us to look at the EV sector as kind of an example of how things start, how they initially ramp up and then how they reach real market impact. On the EV side, where we are today, I think for the first time in a long time, the market – as well as customers – generally accept zero emission and EV in particular for urban markets is the future of the transportation market from a propulsion perspective. If you think about it, EV in the modern era probably really got started with GM’s EV1. It’s great that you’ve got the Bolt EV behind you because it’s kind of the bookends of very early R&D now to mass market commercialization of a vehicle that is a successful consumer application and in high volume. But it did take a lot of core technology development, and I think that’s where we’ve been the last few years in EV, and then active participation from the major OEMs like GM, Daimler, BMW, Ford, Porsche, really getting into the EV space and utilizing their supply chain to ramp quickly. And again, I think that’s going to be a parallel to what we see in the sensor and AV market, that we’re in the very beginnings of commercialization now with commercial traction starting to appear in a lot of different applications, especially enhanced safety, but because of the fact that the OEMs are really embracing it, like they’ve started to embrace EV, I think the growth from this point on is going to be quite dramatic and step change in nature.
JG: I’m sure that you’ve seen within the technology development several technology hurdles and engineering challenges. Let’s dive into some of those and try and see where we come out, because I’m curious what your thoughts are – we talked in the past about infrastructure challenges, charging challenges and various different challenges that have been hurdles in some sense to try and get through to make this electric vehicle, autonomous vehicle world a reality. What are some of those, and what are you most concerned with, and what are you thinking are addressable problems, and how do we solve them?RP: Sure. Well, in any new technology market, as a good friend of mine has said, every day, there’s a different puzzle to solve and that continues through full commercialization. In the EV market, I think the first challenges were largely technical, and I think you can look at the battery as probably the most essential component of the EV market. So those early technical challenges were things like energy density, which is kind of shorthand for the size and weight of a battery relative to how much range and use you can get out of it. Cycle life, which is probably, again, shorthand for just durability and reliability. How long is the technology going to last in the vehicle application? And then there were also early challenges to overcome in terms of product market fit with charging and charging models, cold weather applicability, and I would say it’s been very important for the industry to solve those challenges first, while also in parallel, keeping a close eye on cost of technology to make sure that the business case really was robust for a consumer or a business or a government fleet to implement EV. That’s both on the vehicle side and on the charging side.
While you have to do those things in parallel, I would say that getting the technology right and working in a really robust manner is probably more important than the cost reduction, that there generally are pockets of the market where a new technology can enter, and then as you grow it, you naturally are able to achieve economies of scale and reduce pricing to enable a larger market.
We’ve seen every few years, as you unlock bigger and bigger portions of the market, there’s a new puzzle to solve and sometimes that’s hill climb capability or extreme cold weather performance. A couple of years ago, the focus was more on hot weather performance. How does the HVAC system work? And again, I think very similar parallels to what’s going on in the sensor software AV/ADAS market that initially the most important element to get right is the technology working really well. You enter the market in some relative niche applications and then you scale from there and naturally cost comes down and you unlock more and more market applications.
JG: I have several follow up questions, but the first would be on the hybridization of those EV and AV models, there seems to be a lot of overlap. There seems to be a lot of interesting interplay between the two. You talked about the emergence of new technology enabling all this. But specifically, if I look at the photo that’s right behind your head, could you tell us a little bit about what’s going on there and what the challenges are or the next gen challenges are for EV and maybe how they fit and interplay with the AV challenge?RP: The graphic behind me is a great representation of how a number of technologies are coming together, both seen and unseen, in this representation of the fleet vehicle yard of the future. The first thing you notice is there are electric buses, so EVs are a critical portion of the future fleet. But you also see solar power generation, so distributed energy generation, in the form of PV panels, and then you see the green boxes behind me, which are bidirectional chargers so the electric vehicles can take power from solar or off the grid and they can resupply with it or refuel with it, but they can also take power or they can provide power back through those boxes or power electronics, and they can supply power back to the grid or to onsite energy storage. You can also see in the photo that there is automated overhead charging. The vision, and we’ve already started to deploy this in places like Edmonton, Canada or Foothill Transit in Southern California, is that the electric vehicle, the electric fleet vehicles of the future are going to have fully autonomous, fully robotic charging. Those charging systems basically prevent or remove the need for human beings to be involved in plugging in all these different vehicles. There are some positive safety elements to that. There’s also just a general quality control aspect of it, because you completely automate it.
In order to accomplish the vision behind me, in addition to needing solar technology, EV stationary storage, you also need sophisticated sensor technology for micro location and vehicle verification, because every one of those buses should be capable of pulling into an automated charging station, positively identifying the fact that the vehicle is ready to charge, and the charger needs to identify that there is the correct type of vehicle behind it and that when the right bus pulls in the right lane, the correct charger deploys to charge it. All of that requires some pretty, pretty sophisticated sensor technology to get right at scale, and I think that’s one of the places where AV technology plays a role in the EV fleet of the future. Initially, it’s for automating and error proofing that charging process. But longer term, it will likely be that once an electric vehicle is behind the fence in a fleet yard, the vehicle should be able to drive itself to perform basic behind the fence operations, like potentially pulling into a wash rack or pulling into a charging depot.
JG: Walk me through the current sensor suite and what’s involved in that. I imagine the operator of the vehicle will likely pull up to this charging depot, and the goal would be to completely automate the process from that handoff onwards to the charging. What is required? What kind of sensors do you need? What kind of precision do you need? What kind of tools do you need to make that a successful option?RP: Well, I’d say the state of the industry today, depending on which deployment you’re ..

Honda raises full-year profit forecast helped by car sales rebound, cost cuts

By Reuters Staff 3 Min Read TOKYO (Reuters) – Japanese automaker Honda Motor Co on Tuesday hiked its full-year operating profit forecast 23% to 520 billion yen as demand in China and elsewhere gained momentum and it trimmed costs. FILE PHOTO: Honda’s logo on its Modulo model is pictured at its showroom at its headquarters… Continue reading Honda raises full-year profit forecast helped by car sales rebound, cost cuts

Clean Technica: UFODrive Aims To Dominate The Globe With EV Rentals000575

UFODrive is a car rental service in Europe that only offers electric vehicles and has a unique story born from an idea on how to provide better service in an industry that is inundated with long wait times and confusing paperwork. I spoke with CEO Aidan McClean, who shared a bit about UFODrive with me… Continue reading Clean Technica: UFODrive Aims To Dominate The Globe With EV Rentals000575

@Hyundai: A Technology for Humans: DAL-e, A Service Robot in the dealership

‘DAL-e’ appeared at Hyundai Motor Songpa-Daero branch. DAL-e, based on artificial intelligence, voice recognition, and autonomous driving technology, provides new service experiences to customers visiting the exhibition hall. Hyundai Motor Group’s technology is always towards humans. Eco-friendly hydrogen-electric vehicles that increase the sustainability of mankind, an elevator concept that overcomes the limitations of human mobility,… Continue reading @Hyundai: A Technology for Humans: DAL-e, A Service Robot in the dealership

Global chauffeur firm invests in Jaguar Land Rover’s Havn

Havn, an all-electric private chauffeur service set up by Jaguar Land Rover’s InMotion investment arm, has sold a majority stake to international chauffeur firm Blacklane. The deal was completed in November and adds London-based Havn’s Jaguar I-Pace taxis to Blacklane’s fleet of conventionally fuelled luxury and executive cars, which has operated in the capital since 2013. Havn… Continue reading Global chauffeur firm invests in Jaguar Land Rover’s Havn

Chinese electric scooter maker Niu in talks to supply Gojek

Niu Technologies is in talks to supply its electric scooters to Southeast Asian ride-hailing company Gojek to increase market share in the region, the electric scooter maker’s CEO told Reuters. Niu makes scooters and motorcycles powered by lithium-ion batteries and 95% of its sales by unit are in China. The company has been sending some scooters to Gojek for… Continue reading Chinese electric scooter maker Niu in talks to supply Gojek

@Tata-JLR: BLACKLANE INVESTS IN HAVN, LONDON’S PREMIUM ALL-ELECTRIC CHAUFFEUR SERVICE

About Havn Havn, which launched in September 2019, offers customers, an all-electric, sustainable, and personalised transport service with no compromise on comfort and style. Each journey can be tailored to the preferences of the passenger with options such as playlist, temperature, and chauffeur interaction all customisable ahead of the journey via the iOS and Android… Continue reading @Tata-JLR: BLACKLANE INVESTS IN HAVN, LONDON’S PREMIUM ALL-ELECTRIC CHAUFFEUR SERVICE