Category: Market opportunities

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GM self-driving unit Cruise cuts jobs as pandemic hits sector

Auto giant General Motors (GM), the main shareholder in autonomous car company Cruise, confirmed Friday that the business will cut 160 jobs, or eight percent, of its workforce. “It was a very prudent action,” GM chief Mary Barra told an online conference organized by Bank of America, noting that the layoffs will not involve technical…
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What’s driving the Automotive Cybersecurity Market?

Automotive Cybersecurity Market is projected to surpass USD 837.1 million by 2024. This market is growing rapidly due to the rising advent of smart transportation systems. Smart transportation systems combine various innovative information and communication knowhows to form a network of systems, contributing to regulating traffic and changing the way users, organizations, and governments deal…
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Newest Trend: Combining HealthTech With AI Self-Driving Cars For An Upcoming Boon In Our Health And Wellness

Having to visit the doctor can be arduous. For those that don’t have a car, they oftentimes need to utilize multiple mass transit options and the journey itself is so exasperating and enough of a barrier that they might forego making the visit. When people don’t get over to see a physician, the odds are…
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Are Cameras The Right Answer For Autonomous Vehicles ?

The use of wireless technologies is an integral part of modern life.  Radio, TV, Wi-Fi and Cellular technologies are part of the backbone of the economy. However, even with these established technologies, there are issues with providing adequate coverage. Interference from both man-made and natural sources is a concern.  Today, when issues occur, the result is…
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eVTOL to be used as ambulances in the coronavirus crisis

It will take months to figure the extent of the catastrophic Coronavirus outbreak. To help fight off the Covid-19 epidemic, eHang is lending its eVTOL for medical relief. EHang’s autonomous aerial vehicle (AAV) electric vertical takeoff & landing (eVTOL) aircraft are coming in handy. The company’s Urban Air Mobility (UAM) applications are helping Chinese medical…
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When it Comes to AI in Autonomous Vehicles, it Better be Perfect

Although Level 5 Autonomy for autonomous vehicles (AVs) is not widespread yet, the technology is being actively deployed in next-generation cars today and will lay the foundation for the autonomy of tomorrow. The technology being used in testing AVs today is extremely impressive — the field has figured out around 80% of the autonomy puzzle.…
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Top Jobs In Autonomous Vehicle Industry & How You Can Land Them

With artificial intelligence (AI) driving the entire world towards a mobility revolution, the autonomous driving industry has found itself right in the centre of it. Not only governments, across the globe, gearing up for it, but also private companies are getting excited about bringing autonomous vehicles to full operation. In that case, these companies will…
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Lyft ramps up self-driving program

A year ago, Lyft submitted a report to the California Department of Motor Vehicles that summed up its 2018 autonomous vehicle testing activity in a single, short paragraph. “Lyft Inc. did not operate any vehicles in autonomous mode on California public roads during the reporting period,” the letter read. “As such, Lyft Inc. has no autonomous mode…
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Robotic Research will test fully autonomous shuttles in Clarksburg

Clarksburg, Maryland-based Robotic Research will begin testing fully autonomous and unmanned low-speed shuttles in the second quarter of this year. Launched in 2002, Robotic Research provides robotic technology for commercial and government autonomous operations. The company plans to begin the autonomous vehicle testing with no onboard attendants, but with attendants at onsite locations. “Through our…
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Caterpillar to supply and support autonomous

Caterpillar has reached an agreement with Newmont to supply and support Cat® autonomous trucks and the MineStar™ Command for a hauling system for the Boddington gold mine in Western Australia. The fleet of autonomous Cat 793F mining trucks will be fully operational in 2021 and will be the first autonomous haulage system working in an open-pit gold…
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