David Hall, the founder of leading lidar manufacturer Velodyne, is going to war with the SPAC that acquired his company. In a letter, Hall is calling for the resignation of two of the company’s SPAC-appointed board directors, whom he blames for Velodyne’s “poor financial performance.” It’s the latest twist in the increasingly dramatic saga of… Continue reading The founder of lidar maker Velodyne is going to war with his own SPAC
Tag: Mobility
Global Autonomous Driving Market Report 2021-2025: Major OEMs will Focus on the Deployment of Level 2 and Level 2+ Partial Automation Driving Systems in Mass-market Vehicles
DUBLIN, May 25, 2021 /PRNewswire/ — The “Global Autonomous Driving Industry Outlook, 2021 – Competitive Intensity Propelling the Market” report has been added to ResearchAndMarkets.com’s offering. In this 2021 outlook, the analyst has highlighted 3 key market and business trends that have been affected by the changing dynamics of the autonomous ecosystem. The outlook also… Continue reading Global Autonomous Driving Market Report 2021-2025: Major OEMs will Focus on the Deployment of Level 2 and Level 2+ Partial Automation Driving Systems in Mass-market Vehicles
Here’s Why Magna (MGA) is Poised Well to Ride on EV Mania
Widespread usage of technology and rapid digitization have resulted in fundamental restructuring of the automotive market. A host of factors such as pollution issues, technical superiority, stringent fuel-emission standards and increasing adoption by customers have turned the fortunes in favor of electric vehicles. Consequently, auto equipment suppliers are actively reorienting their business model to adapt to the… Continue reading Here’s Why Magna (MGA) is Poised Well to Ride on EV Mania
JD.com, Meituan and Neolix to test autonomous deliveries on Beijing public roads
People in a Beijing suburb will begin to see autonomous delivery mini-vans across their neighborhood, moving cautiously alongside human delivery riders belting down the streets. Beijing has greenlighted JD.com, Meituan, and Neolix to trial self-driving delivery vehicles on designated public roads in the Yizhuang Development Area, an economic and technological growth pilot initiated by the… Continue reading JD.com, Meituan and Neolix to test autonomous deliveries on Beijing public roads
Canvas lands $20M so tech’s biggest companies can find diverse talent
Ben Herman and Adam Gefkovicz launched Jumpstart in 2017 with a clear mission: to make the world more equitable via a more fair and balanced hiring process. The company released its “Diversity Recruitment Platform” in July of 2018 with the aim of helping people earlier in their careers get a “jumpstart” via technology. Over the… Continue reading Canvas lands $20M so tech’s biggest companies can find diverse talent
Tesla Tests Luminar Sensor Musk Scorned as ‘Fool’s Errand’
(Bloomberg) — Tesla Inc., whose boss Elon Musk says he can develop a fully self-driving car without using laser-sensor technology, has a contract to use such sensors from Luminar Technologies Inc. for testing and development, according to people familiar with the matter. A photo of a Tesla Model Y with a roof rack of lidar… Continue reading Tesla Tests Luminar Sensor Musk Scorned as ‘Fool’s Errand’
Enormous Benefits of Voice Command, Gesture Recognition to Improve Vehicle Safety Several Times to Open Tremendous Opportunities in Automotive Human Machine Interface Market, Explains Projected Valuation at US$ 26 Bn by 2031 – TMR
ALBANY, N.Y., May 25, 2021 /PRNewswire/ — Automotive Human Machine Interface Market – Overview Simply put, human machine interface (HMI) for automotive enables a smarter, safer, and more enjoyable driving experience. The gamut of offerings of human machine interface for automotive allows drivers and passengers to interact with the vehicle in a far more natural… Continue reading Enormous Benefits of Voice Command, Gesture Recognition to Improve Vehicle Safety Several Times to Open Tremendous Opportunities in Automotive Human Machine Interface Market, Explains Projected Valuation at US$ 26 Bn by 2031 – TMR
China Tech Digest: Tesla Claims To Establish Data Center In China; Neolix Self-driving Delivery Vehicle Permitted To Operate On Road
Tesla: We have established a data center in China to achieve data storage localization Tesla stated on its official Weibo account that we have established a data center in China to localize data storage and will continue to add more local data centers. All data generated from the sales of vehicles in the Chinese mainland… Continue reading China Tech Digest: Tesla Claims To Establish Data Center In China; Neolix Self-driving Delivery Vehicle Permitted To Operate On Road
China Tech Digest: Keep Plans $500M U.S. IPO; Pony.ai Approved To Test Autonomous Vehicle In California
Keep plans to conduct a U.S. IPO of up to US$500 million Chinese fitness mobile app Keep, backed by SoftBank and Tencent, plans to conduct a U.S. IPO of up to US$500 million. Pony.ai approved to test autonomous vehicle in California Chinese self-driving start-up Pony.ai has obtained permission from the California Department of Motor Vehicles(DMV)… Continue reading China Tech Digest: Keep Plans $500M U.S. IPO; Pony.ai Approved To Test Autonomous Vehicle In California
Future Electric Vehicle Platforms will be Flexible and Multifaceted: Frost & Sullivan
For further information on this analysis, Future Skateboard and Platform Architecture Strategies of Electric Vehicle (EV) Companies, please visit: http://frost.ly/5qc “In the future, the automotive industry will not be restricted to traditional vehicle manufacturing methods, and sales will focus on building new downstream sources of revenue with an emphasis on the users instead of the… Continue reading Future Electric Vehicle Platforms will be Flexible and Multifaceted: Frost & Sullivan