Category: report

UK's Leading Autonomous Vehicle Show

Hyundai will invest $35 billion in autonomy and emerging technologies

South Korea announces plan ‘to revitalize the economy and create new jobs’ SEOUL — Hyundai Motor Group said it plans to invest $35 billion (41 trillion won) in mobility and other auto technologies by 2025, part of which will be directed to an ambitious effort to become more competitive in self-driving cars that have also…
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18th October 2019 0

Toyota, GM, NVIDIA and others team up on self-driving car chips

Autonomous vehicles pose a whole bunch of R&D challenges. With so many aspects to consider — power consumption, safety, user interface and data management, to name just a few — creating a common computing platform for their use is a big ask of just one company. That’s why a group of automotive and tech businesses…
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11th October 2019 0

The 7 Biggest Technology Trends In 2020 Everyone Must Get Ready For Now

We are amidst the 4thIndustrial Revolution, and technology is evolving faster than ever. Companies and individuals that don’t keep up with some of the major tech trends run the risk of being left behind. Understanding the key trends will allow people and businesses to prepare and grasp the opportunities. As a business and technology futurist,…
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7th October 2019 0

Self-driving startup Deeproute.ai pulls in $50 million

Deeproute.ai, a Chinese autonomous driving startup, said it has raised $50 million in a fresh round of funding from top Chinese investors, as yet another company bursts into view in the country’s thriving smart mobility market. Why it matters: The deal may signal that Chinese venture capital funds are once again favouring self-driving startups, as…
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26th September 2019 0

US gives three states grants for self-driving car research

Automakers aren’t the only parties interested in self-driving car research. The US Department of Transportation has issued the first three awards from its Automated Driving Systems Demonstration Grants, and it’s good news for Michigan, Ohio and Virginia. Each of the three states is the first recipients with $7.5 million apiece for Michigan and Ohio and…
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17th September 2019 0

China’s Professor X says we are at the tipping point for mass roll-out of self-driving cars after tech advances

For nearly a century engineers have been working towards the goal of self-driving cars, a technological puzzle that has occupied some of the best minds in science and which has the potential to open up a multibillion-dollar market. Today we see hands-free valet parking and auto-pilot navigation in the US along with limited robotaxi services…
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13th September 2019 0

TomTom launches autonomous car tests

Road navigation specialist TomTom is launching autonomous car tests, the company has announced. The vehicle, developed over two years, was unveiled on Thursday at the IAA Frankfurt Motor Show. The Dutch company did not provide any further details on the tests. The car is equipped with eight scanners, six radars, cameras and a GPS to…
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9th September 2019 0

Automated buses dodge peacocks, tourists and plants in Singapore test

SINGAPORE- Roaming peacocks, meandering tourists and curbside bushes were all causing headaches this week for operators of one of the first autonomous bus shuttle services to hit public roads in Singapore. Passengers found themselves almost outnumbered by bus stewards checking their seatbelts were tightly fastened as ST Engineering began testing four vehicles in the coastal…
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30th August 2019 0

Meet Tesla’s self-driving car computer and its two AI brains

Tesla’s in-house chip is 21 times faster than the older Nvidia model Tesla used. And each car’s computer has two for safety. Designing your own chips is hard. But Tesla, one of the most aggressive developers of autonomous vehicle technology, thinks it’s worth it. The company revealed details Tuesday about how it fine-tuned its AI chip…
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22nd August 2019 0

Volvo Ties up with Uber to Develop Production-Ready Autonomous Vehicle

Almost all automakers have jumped on the bandwagon of developing autonomous vehicles despite serious concerns among the general public about their safety. Volvo is a brand that is known for its pioneering approach to safety and when Volvo is involved in the production of such a vehicle, that should help allay concerns related to safety.…
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21st August 2019 0