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Tesla Autopilot Could Prevent 80% Of Accidents, Says German Researcher
Monday, November 2, 2020 - 4:05pm | 359Although self-driving technology is controversial, Tesla Inc's (NASDAQ: TSLA) Autopilot has been shown to be involved in less accidents than vehicles without the technology. The option comes standard on all Tesla vehicles, and can keep the car in its lane and change speed to keep up...
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6 Lidar Stocks For The Autonomous Vehicle Revolution
Monday, October 5, 2020 - 4:57pm | 639Auto technology stocks certainly have Wall Street’s attention this year. Young investors appear to see next-generation auto technology as a major long-term investment opportunity. Autonomous vehicle technology is one of the biggest investment themes in the auto market these days, and Mizuho...
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Amazon Self-Driving Subsidiary Aurora Starts Testing Fleet In Texas
Monday, July 20, 2020 - 11:36pm | 351Amazon.com Inc. (NASDAQ: AMZN)-backed self-driving startup Aurora Innovation announced Monday it was expanding testing and development in Texas using a “small fleet of vehicles.” What Happened The test fleet, comprising of Pacificas and class 8 trucks, will be equipped with Aurora...
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Tesla Raises Full Self-Driving Software Price To $8K As Features Mount
Wednesday, July 1, 2020 - 10:31am | 484As promised by CEO Elon Musk, Tesla raised the price Wednesday of its FSD software to $8,000. Tesla's Self-Driving Pricing Adjustments: The move comes after a discount was made available over the last few weeks to certain customers who were missing features due to the timing of their...
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Lidar Company Velodyne In Talks To Merge With The SPAC Graf
Tuesday, June 30, 2020 - 1:55pm | 472What Happened: The special purpose acquisition company Graf Industrial Corp (NYSE: GRAF) is in talks to merge with Velodyne Lidar Inc., according to Bloomberg. The deal would be similar to Nikola Motors' (NASDAQ: NKLA) route to the public markets. SPACs have taken hold in the market...
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Tesla's Latest Over-The-Air Update For Full Self-Driving Adds Green Light Capability
Tuesday, June 30, 2020 - 11:47am | 364The best-known feature of Tesla Inc (NASDAQ: TSLA) automobiles is their Autopilot capability. Teslas capable of fully driving themselves today, but the company promises all cars sold have the hardware needed for Full Self Driving, or FSD, and the automaker plans to achieve its...
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Amazon Buys Autonomous Driving Startup Zoox For A Reported $1B
Friday, June 26, 2020 - 1:04pm | 329Amazon.com (NASDAQ: AMZN) has agreed to acquire self-driving startup Zoox Inc for the reported amount of $1 billion. The company has not confirmed the amount of the transaction reported by The Information. The deal is subject to customary closing conditions. Zoox is ...
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Autonomous Yard Trucking Startup Drives Out Of Stealth With $53M In Series A
Wednesday, February 19, 2020 - 9:52am | 637An autonomous yard trucking startup has come out of stealth, announcing $53 million in Series A and seed funding rounds led by investment groups NEA and 8VC. Previously known as Azevtec, Outrider is taking on Level 4 autonomous yard trucks plus robotics with the goal of "completely re-defining"...
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NHTSA Considers Investigation Into Reports Of Teslas With Unintended Acceleration
Friday, January 17, 2020 - 11:21am | 325The National Highway Traffic Safety Administration is considering whether to investigate reports of unintended acceleration in three Tesla models. NHTSA officials said they'll review a petition asking the agency to open an investigation into reports of unwanted speeding up in 2018 and 2019...
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Sony, Nvidia, Uber Introduce Electric, Autonomous Auto Concepts At CES
Tuesday, January 7, 2020 - 11:33am | 367Sony Corp (NYSE: SNE) unveiled a car at the Consumer Electronics Show in Las Vegas on Monday. Sony has partnered with industry leaders to build this prototype, including Bosch, Continental, Genetex, Nvidia Corporation (NASDAQ: NVDA) and Magna, according to Tech Crunch. Few other details...
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Why Did Ford Acquire A Military Contractor?
Tuesday, July 30, 2019 - 1:57pm | 382Automaker Ford Motor Company (NYSE: F) confirmed Tuesday that it acquired Quantum Signal, a company perhaps best known for helping the military develop software to control robotic vehicles thousands of miles away, Ford Chief Technical Officer Randy Visintainer said in a Medium post. What...
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Autonomous Cargo Aircraft Are Bringing In Same Day Delivery To Remote Areas
Thursday, February 14, 2019 - 6:23pm | 931As the frequency of traffic bottlenecks increase across urban spaces, different mobility options and city regulations have been debated, with solutions like mobility as a service (MaaS) and electric bike-sharing cropping up over this decade. A more niche add-on to this segment would be the vertical...
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Uber Car Kills Pedestrian While In Self-Driving Mode
Monday, March 19, 2018 - 2:10pm | 330Uber is halting tests of its autonomous vehicles after an overnight collision left one pedestrian dead. Police in Tempe, Arizona, are investigating the crash and said an Uber car in autonomous mode struck a woman who walked into the street outside of the crosswalk, according to KNXV-TV. A safety...
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Nvidia Partners With Continental On AI Self-Driving Cars
Monday, February 5, 2018 - 1:42pm | 352NVIDIA Corporation (NASDAQ: NVDA) announced a partnership with Continental Monday to develop an artificial intelligence system for Level 2 through Level 5 autonomy. The firms’ engineering teams will collaborate to leverage Continental’s expertise in achieving ASIL D-rated safety and...
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Silicon Valley Meets Detroit: Intel Targets Autonomous Opportunity With Test Cars, Partnerships
Monday, January 15, 2018 - 7:57pm | 635The adoption of autonomous vehicles is a matter of trust, according to Intel Corporation (NASDAQ: INTC). The chipmaker is building its own fleet of autonomous test vehicles — not with the intention of entering the automotive sector, but rather to validate algorithms, map roads and conduct...