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Waymo Shuts Safety Driver-Monitored Autonomous Taxis Citing Coronavirus Fears
Wednesday, March 18, 2020 - 10:23am | 527Read More...Waymo, the autonomous driving unit of Alphabet Inc (NASDAQ: GOOGL), has announced that it will shut down all of its human-monitored self-driving taxis across Phoenix, Arizona, in a bid to protect employees from contracting the coronavirus. However, the truly self-driving vehicles that run without...
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Today's Pickup: Daimler Trucks, Torc Robotics To Expand Autonomous Driving Testing
Tuesday, February 18, 2020 - 1:44pm | 796Read More...Good day, Daimler Trucks (OTC: DDAIF) and its partner Torc Robotics plans to expand Level 4 autonomous vehicle testing in the U.S., the companies announced in a press release this morning. Level 4 vehicles are able to operate without a driver in the vehicle, although in current testing in...
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GM Invests $2B In Detroit Plant, Retools For Self-Driving EVs
Tuesday, January 28, 2020 - 10:41am | 494Read More...General Motors Company (NYSE: GM) will convert its Detroit-Hamtramck Assembly plant into its first all-electric vehicle plant. The factory will begin production on electric pickups and the Cruise Origin, a self-driving EV, in 2021 following a $2.2 billion retooling. "This will be General...
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Tesla, Musk Approach Historic Milestones As Automaker's Stock Rally Continues
Wednesday, January 8, 2020 - 4:53pm | 313Read More...Tesla Inc. (NASDAQ: TSLA) passed by Ford Motor Company (NYSE: F) and General Motors (NYSE: GM) in combined market value Wednesday, pushing the electric autoaker's market value to nearly $89 billion. This comes after a series of achievements; Tesla posted surprise profits last...
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Freight Forwarder Airspace Technologies Relies On Round-The-Clock Machine Learning
Thursday, November 14, 2019 - 10:38am | 773Read More...Most of the time when executives in transportation and logistics cite "machine learning," it's little more than a buzzword that evokes vague notions of technology continually improving itself. That was decidedly not the case with Ryan Rusnak, chief technology officer at Airspace Technologies, a...
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Ford Confirms Expansion Of Autonomous Driving Initiative With Volkswagen
Friday, July 12, 2019 - 8:57am | 412Read More...U.S.-based automaker Ford Motor Company (NYSE: F) and German counterpart Volkswagen AG announced Friday an expansion of their global alliance to include autonomous driving and electric vehicles. The Detroit News first reported on the partnership Wednesday night. What Happened Ford and Volkswagen...
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Autonomous Driving Startup Drivent Comes Out Of Stealth Mode
Wednesday, May 8, 2019 - 3:03pm | 648Read More...Drivent, an autonomous driving technology startup, announced on May 8 that it has been certified to test self-driving vehicles in the state of Washington, along with market frontrunners like Waymo, NVIDIA Corporation (NASDAQ: NVDA) and Torc Robotics. With that, Drivent leaves the stealth mode it...
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Tesla Forecasts Autonomous Robotaxis In 2020
Tuesday, April 23, 2019 - 8:28am | 519Read More...Not even news of autonomous robotaxis could steer Tesla Inc (NASDAQ: TSLA)'s stock straight after a weekend Model S explosion and board shakeup. What Happened Tesla CEO Elon Musk said Monday he is “very confident” the automaker will operate 1 million robotaxis next year. The mass of...
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CEO Of GM's Self-Driving Unit Stands To Make $25 Million In Incentives
Friday, February 8, 2019 - 12:35pm | 639Read More...Adding to the flurry of recent activity around Cruise, General Motor Company's (NYSE: GM) self-driving unit, the automaker on Wednesday disclosed a long-term compensation plan that could net Dan Ammann, the CEO of that unit, $25 million over the next decade if the company goes public or sees a...
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Amazon Enters Self-Driving Vehicle Market, Invests In Aurora
Thursday, February 7, 2019 - 5:07pm | 546Read More...Amazon.com, Inc. (NASDAQ: AMZN) joined with capital venture firm Sequoia and T. Rowe Price Group Inc (NASDAQ: TROW) to invest $530 million in self-driving vehicle startup Aurora Innovation according to Aurora's press release on Medium. Lightspeed Venture Partners, Geodesic, Shell Ventures...
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Automation Is Inevitable But Will Not Displace Driver Jobs: IRU's Global Innovation Head
Monday, January 28, 2019 - 12:45pm | 947Read More...Perceptions about automation depend on which side of the argument one is on, as autonomous trucks mean different things to different stakeholders in trucking. For a consumer or an original equipment manufacturer (OEM), automation means progress on the highways, because it could potentially reduce...
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Experts Try To Define "Safe" For A Self-Driving Vehicle
Thursday, January 10, 2019 - 12:48pm | 694Read More...A panel of experts highlighted the need for the autonomous vehicle industry to take a proactive approach to standardizing safety metrics and educate the public about the technology and its potential to save lives. "This is the biggest barrier from going where we are today to commercialization...
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Drivers Still Wanted as Autonomous Truck Tech Faces Long and Winding Road, Experts Say
Thursday, December 20, 2018 - 4:08pm | 1123Read More...Technology proponents see automation as aid to driver, not replacement, in short-term as challenges persist for driverless truck. Technology gets a bad rap as a job killer, but can it actually help recruit and retain truck drivers? Peloton Technology Chief Executive Josh Switkes thinks so. Switkes...
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New Chinese EV Maker Nio Surges On First Earnings Print
Tuesday, November 6, 2018 - 11:30am | 368Read More...Two weeks after big brother Tesla Inc (NASDAQ: TSLA) posted a major third-quarter earnings beat, neophyte Nio Inc - ADR (NYSE: NIO) peaked on 3,095-percent quarter-over-quarter revenue growth. The Chinese electric-vehicle maker also reported 97.6-percent gross margins growth, as well as...
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AT&T's 5G Rollout, Time Warner Acquisition Among The Pillars Of Tigress Financial's Bull Thesis
Monday, October 22, 2018 - 3:06pm | 455Read More...The upcoming launch of a high-speed 5G wireless communications network coupled with the recent acquisition of Time Warner makes AT&T Inc. (NYSE: T) a compelling equity, according to Tigress Financial Partners. The Analyst Analyst Ivan Feinseth upgraded AT&T from Neutral to Buy....
