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Autonomousvehicles

All articles tagged with #autonomousvehicles

technology1 year ago

Tesla Stands Alone as GM Exits Robotaxi Race, Impacting Industry Dynamics

GM is shifting its focus from fully autonomous vehicles to advanced driver assistance systems (ADAS) by closing its Cruise division and concentrating on Super Cruise. This move comes as Tesla's Full Self-Driving (FSD) technology gains attention, with other manufacturers like BMW expressing interest in potentially licensing it. Tesla's recent We, Robot event showcased its advancements in autonomous technology, positioning it as a leader in the field. Meanwhile, GM acknowledges Tesla's vision-based approach as the right strategy for autonomy.

via Not a Tesla App|
#autonomousvehicles#bmw#fsd
finance1 year ago

Tesla Stock Reaches Record High Amid Unprecedented Rally

Tesla's stock has reached a new all-time high, surpassing its previous record from 2021, driven by investor optimism about the future of self-driving technology and regulatory easing under the Trump administration. The stock has surged over 60% since Trump's election win, with analysts like Morgan Stanley's Adam Jonas raising their price targets. Despite the rally, concerns remain about Tesla's autonomous driving capabilities and the stock's overextension above its 200-day moving average.

via Investor's Business Daily|
#autonomousvehicles#elonmusk#finance
technology1 year ago

Pony AI's Nasdaq Debut: Volatile Trading and 7% Drop Post-IPO

Pony AI, a Chinese autonomous driving technology company, is set to debut on the Nasdaq with a $4.55 billion valuation, offering shares at $13 each. The IPO includes 20 million American depositary shares, potentially raising $260 million, with additional private placements and underwriter options possibly increasing total proceeds to $452.4 million. This move follows other Chinese tech firms entering the U.S. market amid competitive advancements in autonomous vehicle technology.

via TechCrunch|
#autonomousvehicles#chinesetech#ipo
technology-and-business2 years ago

"Aurora and Continental Gear Up for Mass-Produced Autonomous Trucks by 2027"

Aurora and Continental have completed the initial phase of their partnership to create hardware for autonomous commercial trucks, finalizing the design and system architecture, including a fallback system. They plan to showcase their progress at CES 2024 and aim to start mass production in 2027. Meanwhile, Aurora is set to launch up to 20 driverless trucks for freight between Dallas and Houston by the end of 2024, even before the new hardware kit is ready for mass production. This step is seen as crucial for Aurora's long-term profitability and the commercial viability of self-driving trucks.

via TechCrunch|
##aurora#autonomousvehicles
technology-business2 years ago

"Driverless Truck Companies Set to Eliminate Human Copilots by 2024"

Aurora Innovation, Kodiak Robotics, and Gatik AI, three startups in the autonomous vehicle industry, are planning to deploy driverless trucks without human safety drivers on Texas roads by 2024. These companies, which have been testing their technology and have already worked with major clients like Walmart and FedEx, are facing criticism that their push for driverless trucks is driven by financial motives rather than safety considerations. Despite the concerns, they are moving forward with their plans, leveraging advanced sensors and software to guide the trucks.

via Bloomberg|
##aurorainnovation#autonomousvehicles
business-and-finance2 years ago

"Assessing the Future of Robotaxis Amidst Safety Concerns and Industry Setbacks"

General Motors' autonomous vehicle subsidiary, Cruise, has faced significant setbacks, including safety probes, permit suspensions, and leadership changes, leading to a workforce reduction and raising questions about its future. In contrast, Ford scaled back its own autonomous vehicle efforts with Argo AI, focusing on more immediate and profitable driver assistance technologies. Investors are now watching to see if GM's continued investment in Cruise will pay off or if Ford's more conservative approach will prove to be the wiser strategy in the long run.

via The Motley Fool|
##autonomousvehicles#business-and-finance
technology-and-business2 years ago

"2023: A Challenging Year for Autonomous Vehicles Amidst Cruise Setbacks"

Cruise, a driverless car startup owned by General Motors, faced a tumultuous year after its rapid expansion and deployment of robotaxis in San Francisco and other cities. Despite initial optimism and growth, a series of incidents, including a pedestrian being critically injured by one of its autonomous vehicles, led to government investigations, a recall of its fleet, and a scaling back of operations. The company's CEO resigned, and Cruise faced public and regulatory backlash, raising concerns about the safety and reliability of autonomous vehicle technology across the industry.

via NPR|
##autonomousvehicles#cruise
technologyautomotive2 years ago

"2023: The Challenging Year for Autonomous Vehicles and the Road Ahead"

In 2023, self-driving cars, including those from Waymo, Cruise, and Tesla, faced significant challenges, with numerous accidents and regulatory issues highlighting their unpreparedness for real-world conditions. Despite advancements in technology, autonomous vehicles struggled with contextualizing data and ensuring safety, leading to fatal crashes, traffic disruptions, and legal actions. San Francisco, a hub for testing these vehicles, experienced particular difficulties, with incidents involving Cruise robotaxis and Tesla's "Full Self-Driving" software raising concerns about the viability and safety of driverless technology on public roads.

via Jalopnik|
##autonomousvehicles#cruise
technology-automotive2 years ago

"Autonomous Vehicle Industry Faces Crossroads After Challenging 2023"

The robotaxi industry faced significant setbacks in 2023, particularly with GM's Cruise experiencing a system breakdown and regulatory issues after a woman was injured by one of their vehicles. As a result, Cruise pulled its fleet nationwide and is under scrutiny. Waymo, on the other hand, has managed to avoid major incidents and is cautiously expanding its services. Experts predict that while Cruise will struggle to return to San Francisco streets in 2024, Waymo may face its own challenges ahead. Meanwhile, Zoox is expected to have a modest presence, and the autonomous trucking sector is likely to advance more quietly but steadily. The industry as a whole is anticipated to shift its messaging to focus more on safety and community integration.

via The San Francisco Standard|
##autonomousvehicles#cruise