Posts filtered by tags: Robotaxi[x]


 

The rise of robotaxis in China

AutoX, Momenta and WeRide took the stage at TC Sessions: Mobility 2021 to discuss the state of robotaxi startups in China and their relationships with local governments in the country. They also talked about overseas expansion — a common trajectory for China’s top autonomous vehicle startups — and shed light on the challenges and opportunities for foreign AV companies eyeing the massive Chinese market. Enterprising governments Worldwide, regulations play a great role in the development of aut...
Tags: TC, Transportation, China, Tech, AV, Artificial Intelligence, Automotive, Shanghai, Self-driving Cars, Shenzhen, Suzhou, Ev, Robotaxi, Momenta, SAIC, ADAS


SoftBank, Uber, Tencent set to reap rewards from Didi IPO

After years of speculation, Didi Chuxing, China’s ride-sharing behemoth, finally unveiled its IPO filing for the U.S., giving a glimpse into its money-losing history. Didi didn’t disclose the size of its raise. Reuters reported the company could raise around $10 billion at a valuation of close to $100 billion. Cheng Wei, Didi’s 38-year-old founder owns 7% of the company’s shares and controls 15.4% of its voting power before the IPO, according to the prospectus. Major shareholder SoftBank Vision ...
Tags: Transportation, Uber, Asia, China, Softbank, Funding, Tech, Automation, Transport, Tencent, Brazil, Robotics, Carsharing, Reuters, Robotaxi, Didi


Here’s what’s on tap today at TC Sessions: Mobility 2021

It’s game day for mobility tech mavens around the world. Well, at least for the ones who made the savvy decision to attend TC Sessions: Mobility 2021. Are you ready for a day packed with potential, overflowing with opportunity and focused on the future of transportation? Yeah, you are, and so are we! No FOMO zone: Did you wait until the last minute? We don’t judge — simply purchase a pass at the virtual door. Let’s take a look at just some of the speakers, presentations and breakout sessions on ...
Tags: TC, Europe, Technology, China, Articles, Tech, Renewable Energy, Tesla, Mining, United States, Automation, Silicon Valley, Fitbit, Judge, Robotics, Science and Technology


Tezlab CEO Ben Schippers to discuss the Tesla effect and the next wave of EV startups at TC Sessions: Mobility 2021

As Tesla sales have risen, interest in the company has exploded, prompting investment and interest in the automotive industry, as well as the startup world. Tezlab, a free app that’s like a Fitbit for a Tesla vehicle, is just one example of the numerous startups that have sprung up in the past few years as electric vehicles have started to make the tiniest of dents in global sales. Now, as Ford, GM, Volvo, Hyundai along with newcomers Rivian, Fisker and others launch electric vehicles into the m...
Tags: Amazon, TC, Facebook, Technology, China, Articles, Linkedin, Tech, Tesla, Ceo, AV, Automation, Gm, Reid Hoffman, Fitbit, Self-driving Cars


ChargerHelp co-founder, CEO Kameale C. Terry is heading to TC Sessions: Mobility 2021

Thousands of electric vehicle charging stations will be built around the country over the next decade. ChargerHelp!, founded in January 2020 by Kameale C. Terry and Evette Ellis, wants to make sure they stay up and running. The idea for the on-demand repair app for EV charging stations came to Terry when she was working at EV Connect, where she held a number of roles including director of programs and head of customer experience. She noticed long wait times to fix non-electrical issues at chargi...
Tags: Startups, TC, Transportation, Electric Vehicle, Technology, China, Events, Linkedin, Tech, Ceo, AV, Automotive, Electric Vehicles, Automation, Transport, Reid Hoffman


China’s autonomous vehicle startups AutoX, Momenta and WeRide are coming to TC Sessions: Mobility 2021

As the autonomous vehicle industry in the United States marches toward consolidation, a funding spree continues to exhilarate China’s robotaxi industry. Momenta, Pony.ai, WeRide and Didi’s autonomous vehicle arm have all raised hundreds of millions of dollars over the past year. And 21-year-old search engine giant Baidu competes alongside the startups with a $1.5 billion fund launched in 2017 to help cars go driverless. Their strategies are similar in some regards and diverge elsewhere. The bigg...
Tags: TC, Elon Musk, Technology, China, Events, Linkedin, Tech, Automotive, United States, Automation, Gm, Reid Hoffman, Search Engine, Toyota, Self-driving Cars, Baidu


China’s WeRide secures more funding, pushing valuation to $3.3 billion

Only four months after securing Series B fundraising of $310 million, Chinese autonomous driving company WeRide says it has achieved its Series C funding round that brings its post-money valuation to $3 billion. This is first time the company has disclosed its value. The company did not share how much it has raised this round, only noting that it’s in the “hundreds of millions,” according to a statement released by the company. WeRide intends to use this funding round to invest in R&D and commer...
Tags: TC, Transportation, California, China, Tech, DMV, Self-driving Cars, Autonomous Cars, Nanjing, Guangzhou, Robotaxi, San Jose California, Central Business District, Tony Han, Weride, Rival Momenta


Less than 24 hours to save $100 to TC Sessions: Mobility 2021

Calling all frazzled procrastinators, feet-draggers, lollygaggers and last-minute decision makers. The best price on passes to TC Sessions: Mobility 2021, which takes place on June 9, disappears in mere hours. It’s now o’clock, baby. Shift your EV into gear, hail a robotaxi or tell Mr. Scott to beam you up — whatever it takes to buy your pass before the early bird deadline expires tonight, May 6, at 11:59 pm (PT). TC Sessions: Mobility 2021 gathers the very best people in the mobility startup ec...
Tags: TC, Motorola, Europe, Technology, China, Tech, Ceo, Automotive, United States, Automation, Silicon Valley, Toyota, Robotics, Science and Technology, Self-driving Car, Scott


Less than 24 hours to save $100 to attend TC Sessions: Mobility 2021

Calling all frazzled procrastinators, feet-draggers, lollygaggers and last-minute decision makers. The best price on passes to TC Sessions: Mobility 2021, which takes place on June 9, disappears in mere hours. It’s now o’clock, baby. Shift your EV into gear, hail a robotaxi or tell Mr. Scott to beam you up — whatever it takes to buy your pass before the early-bird deadline expires tonight, May 6, at 11:59 pm (PT). TC Sessions: Mobility 2021 gathers the very best people in the mobility startup ec...
Tags: TC, Motorola, Europe, Technology, China, Events, Tech, Automotive, United States, Automation, Silicon Valley, Toyota, Robotics, Science and Technology, Self-driving Car, Scott


Fewer than 24 hours to save $100 to attend TC Sessions: Mobility 2021

Calling all frazzled procrastinators, feet-draggers, lollygaggers and last-minute decision makers. The best price on passes to TC Sessions: Mobility 2021, which takes place on June 9, disappears in mere hours. It’s now o’clock, baby. Shift your EV into gear, hail a robotaxi or tell Mr. Scott to beam you up — whatever it takes to buy your pass before the early-bird deadline expires tonight, May 6, at 11:59 pm (PT). TC Sessions: Mobility 2021 gathers the very best people in the mobility startup ec...
Tags: TC, Motorola, Europe, Technology, China, Events, Tech, Automotive, United States, Automation, Silicon Valley, Toyota, Robotics, Science and Technology, Self-driving Car, Scott


Hear about building AVs under Amazon from Zoox CTO Jesse Levinson at TC Sessions: Mobility 2021

Last year, autonomous driving startup Zoox was acquired by Amazon in a deal worth $1.3 billion. Since then, Zoox has continued to pursue its existing strategy of developing and deploying autonomous passenger vehicles, revealing the design of its long-anticipated robotaxi late in December. From concept to reveal, Zoox spent six years developing its built-for-purpose passenger AV, and the plan is to launch them initially with commercial deployments in Las Vegas and San Francisco following testing....
Tags: Amazon, TC, Technology, San Francisco, Tech, Ceo, AV, Automation, Las Vegas, Self-driving Cars, Robotics, Science and Technology, Levinson, Robotaxi, Aicha Evans, Zoox


Volvo to supply Chinese ride hailing giant Didi with autonomous driving cars

As the autonomous driving race in China heats up, Didi is rushing to expand its car fleets by picking Swedish automaker Volvo, an old partner of Uber, as its ally. Didi said on Monday it will be using the XC90 SUVs of Volvo, which has been owned by Chinese auto company Geely since 2010, for its network of robotaxis in the long term. Didi created a subsidiary dedicated to autonomous driving last year and the unit has since raised about $800 million from investors including SoftBank Vision Fund an...
Tags: Transportation, Uber, Asia, California, China, Softbank, Tech, Artificial Intelligence, Automotive, United States, Automation, Self-driving Cars, Honda, Robotics, Huawei, Volvo


Volvo to supply cars for Didi’s global autonomous driving fleets

As the autonomous driving race in China heats up, Didi is rushing to expand its car fleets by picking Swedish automaker Volvo, an old partner of Uber, as its ally. Didi said on Monday it will be using the XC90 SUVs of Volvo, which has been owned by Chinese auto company Geely since 2010, for its global network of robotaxis in the long term. Didi created a subsidiary dedicated to autonomous driving last year and the unit has since raised about $800 million from investors including SoftBank Vision ...
Tags: Transportation, Uber, Asia, California, China, Softbank, Tech, Artificial Intelligence, Automotive, United States, Automation, Self-driving Cars, Honda, Robotics, Huawei, Volvo


China’s Xpeng in the race to automate EVs with lidar

Elon Musk famously said any company relying on lidar is “doomed.” Tesla instead believes automated driving functions are built on visual recognition and is even working to remove the radar. China’s Xpeng begs to differ. Founded in 2014, Xpeng is one of China’s most celebrated electric vehicle startups and went public when it was just six years old. Like Tesla, Xpeng sees automation as an integral part of its strategy; unlike the American giant, Xpeng uses a combination of radar, cameras, high-pr...
Tags: TC, Transportation, Asia, Elon Musk, White House, China, Cloud Computing, Cars, Tech, Tesla, Engineer, Artificial Intelligence, Automotive, United States, Automation, Alibaba


Hyundai IONIQ 5 will be Motional and Lyft’s first robotaxi

Motional will integrate its driverless technology into Hyundai’s new all-electric SUV to create the company’s first robotaxi. At the start of 2023, customers in certain markets will be able to book the fully electric, fully autonomous taxi through the Lyft app. The Hyundai IONIQ 5, which was revealed in February with a consumer release date expected later this year, will be fully integrated with Motional’s driverless system. The vehicles will be equipped with the hardware and software needed for...
Tags: TC, Lyft, Technology, US, Tech, Automation, Transport, Mobility, Las Vegas, Self-driving Cars, Robotics, Driver, Hyundai, Emerging-technologies, Hyundai Ioniq, Ioniq


Motional and Lyft target 2023 to deploy driverless robotaxi services in major US cities

Motional, the Aptiv-Hyundai $4 billion joint venture aimed at commercializing autonomous vehicles, plans to launch fully driverless robotaxi services in major U.S. cities in 2023 using the Lyft ride-hailing network. This is the first time Motional has specified a target date for its robotaxi service. And while Lyft has been a partner with Motional in Las Vegas, this is the first indication that the ride-hailing company will be the autonomous vehicle company’s primary partner in its commerc...
Tags: TC, Transportation, Lyft, US, Tech, Automotive, Autonomous Vehicles, Las Vegas, Nevada, Bmw, Hyundai, Robotaxi, Chrysler Pacifica Hybrid, VIA, Motional, Karl Iagnemma


Inside Zoox’s six-year ride from prototype to product

Zoox, the autonomous vehicle company that was acquired this year by Amazon, revealed this week the product of six years of work: A purpose-built self-driving vehicle designed to carry people — and someday maybe even packages — in dense urban environments. The company’s story has captured the attention of skeptics and supporters alike, perhaps because of its secretive nature and outsized mission. Unlike its rivals, Zoox is developing the self-driving software stack, the on-demand ride-sharing ...
Tags: Amazon, TC, Transportation, Tech, Automotive, Automation, Self-driving Cars, Robotics, Robotaxi, Zoox, Jesse Levinson


AutoX becomes China’s first to remove safety drivers from robotaxis

Residents of Shenzhen will see truly driverless cars on the road starting Thursday. AutoX, a four-year-old startup backed by Alibaba, MediaTek and Shanghai Motors, is deploying a fleet of 25 unmanned vehicles in downtown Shenzhen, marking the first time any autonomous driving car in China tests without safety drivers or remote operators on public roads. The cars, meant as robotaxis, are not yet open to the public, an AutoX spokesperson told TechCrunch. The milestone came just five months a...
Tags: Transportation, Asia, California, China, Tech, Artificial Intelligence, Beijing, Automation, Shanghai, Alibaba, Self-driving Cars, Robotics, Shenzhen, Mediatek, Robotaxi, Momenta


Tesla Can Get to $14,000 Per Share Even Without Robotaxi

In February 2020, I wrote a Nextbigfuture newsletter about my bull case for Tesla. I have a variation on the high functioning EV company Ark Invest case which has a $3400 price target for 2024. The... [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
Tags: Tesla, Innovation, Robotaxi, ARK Invest


Daimler-backed Momenta says its robotaxis will be fully driverless and profitable in 2024

In China and the U.S., there’s much debate about when and how humans will achieve fully autonomous robotaxis at scale — cars that chauffeur passengers under complex road conditions without safety drivers behind the wheel. Many pieces are needed to make this happen: mammoth amounts of test data, advanced algorithms, strong operational teams, big checks from investors, local policy support, to name a handful. Until that day arrives, the bold claims from players in the field seem mostly out of reac...
Tags: TC, Transportation, Asia, Elon Musk, Microsoft, China, Softbank, Tech, Tesla, Artificial Intelligence, Beijing, Automotive, Shanghai, Toyota, Autonomous Vehicles, Baidu


Waymo, Volvo partner to develop electric robotaxis

Waymo’s self-driving software footprint is expanding — this time in a partnership with Volvo Car Group. The two companies announced Thursday an “exclusive” partnership to integrate Waymo’s self-driving software into a new electric vehicle designed for ride-hailing. Volvo and Waymo provided few details on the partnership and what this might actually look like except that the companies “will first work together to integrate the Waymo Driver into an all-new mobility-focused electric vehicle plat...
Tags: TC, Transportation, Uber, Japan, France, Tech, Automotive, Electric Vehicles, Fca, Jaguar, Jaguar Land Rover, Autonomous Vehicles, Nissan, Volvo, Renault, Fiat Chrysler


COVID-19 rocked the auto industry, but the pandemic hasn't derailed the shift toward electric and self-driving cars. It's forging ahead.

The novel coronavirus has had a major impact on travel habits in recent months, but it won't have a profound impact on the future of electric and autonomous vehicles, industry experts told Business Insider. Autonomous-vehicle companies may add more limited-occupancy models to their lineups and increase their focus on deliveries, said Reilly Brennan, a partner at Trucks Venture Capital. And automakers may seek more partnerships related to electric-vehicle technology, but electric-vehicle adopti...
Tags: Google, Elon Musk, Trends, General Motors, Tesla, Ford, Gm, Warren Buffett, Toyota, Volkswagen, Morgan Stanley, Harley Davidson, Chrysler Pacifica, Mercedes Benz, Morningstar, Robotaxi


Study Says Autonomous Taxis Will Cost Users More than Car Ownership

When Sir Thomas More coined the term “utopia,” he lifted two words from Ancient Greek that roughly translate into “not a place.” Turns out people from the 14th century still understood satire, perhaps better than we do today. After all, we are the ones operating under the assumption that we can remap society in order […] The post Study Says Autonomous Taxis Will Cost Users More than Car Ownership appeared first on The Truth About Cars.
Tags: Studies, Autos, Autonomous Vehicles, Self-driving Cars, Ride-sharing, Reports, Taxis, Avs, Robotaxi, Thomas More, Self Driving, News Blog, Studies & Reports, Robo-taxis, Autonomous Cabs


Mobileye takes aim at Waymo

Mobileye has built a multi-billion-dollar business supplying automakers with computer vision technology that powers advanced driver assistance systems. It’s a business that last year generated nearly $1 billion in sales for the company. Today, 54 million vehicles on the road are using Mobileye’s computer vision technology. In 2018, the company made what many considered a bold and risky move when it expanded its focus beyond being a mere supplier to becoming a robotaxi operator. The upshot: Mobil...
Tags: Apple, TC, Transportation, Lyft, Uber, South Korea, China, Jerusalem, Tel Aviv, San Francisco, Tech, Intel, Automotive, Transport, Volkswagen, Self-driving Cars


Mobileye expands its robotaxi footprint with a new deal in South Korea

Mobileye announced Tuesday an agreement to test and eventually deploy a robotaxi service in Daegu City, South Korea, the latest example of the company’s strategy to expand beyond its traditional business of supplying automakers with computer vision technology that power advanced driver assistance systems. Under the agreement, which was announced at CES 2020, Mobileye will integrate its self-driving system — a kit that includes visual perception, sensor fusion, its  , software algorithms and its ...
Tags: TC, South Korea, Technology, France, China, Israel, Jerusalem, Tech, Intel, Automotive, Automation, Paris, Autonomous Vehicles, Volkswagen, Self-driving Car, Robotaxi


The Nvidia Pegasus system may turn robotaxis into a reality

Your taxi driver may be of the cyborg variety sooner than you think. On Tuesday, Nvidia announced the world's "first artificial intelligence computer designed to drive fully autonomous robotaxis" known as Pegasus. The post The Nvidia Pegasus system may turn robotaxis into a reality appeared first on Digital Trends.
Tags: Cars, Trends, Nvidia, Pegasus, Robotaxi


Maintaining Privacy in the Robotaxi

While I've been in love for a long time with the idea of mobility-on-demand and the robocar taxi, I continue to have some privacy concerns. The first is simply over the idea that a service company gets a map of all your travels.
Tags: Robotaxi