Found in Robotics News & Content, with a score of 8.29
July 31, 2021
…hail a Greycraft, much like users call for a Lyft or Uber. This opens a path for future autonomous ferry and water taxi companies such as the Future Mobility Network (FMN) to service the public, Buffalo Automation said. Autonomous water robotaxi leaving dock with Dutch passengers. Source: Buffalo Automation Officials welcome autonomous Greycraft “From its inception, Buffalo Automation's goals have been to improve safety and decarbonize the water through the use of our technology,” explained Thiru Vikram, CEO of Buffalo Automation. “This project was made possible because of like-minded local community and business leaders who are open to exploring alternative…
Found in Robotics News & Content, with a score of 9.40
July 15, 2021
…its acquisition of Level 5, the self-driving division of Lyft Inc., for $550 million. CARMERA enables faster map updates CARMERA said it builds on vehicular crowdsourcing and remote sensing to capture street-level change at global breadth and HD depth. The company, which has offices in New York and Seattle, uses an open systems approach to working with leading automotive companies, commercial mobility operators, and mapping platforms. CARMERA said its employees come from leading geospatial, machine learning, and computer vision organizations, and it had venture backing from GV (Google Ventures), among others. Woven Planet and CARMERA said they will tap into…
Found in Robotics News & Content, with a score of 8.83
June 28, 2021
…included TuSimple's $1.1 billion IPO, Woven Planet's acquisition of Lyft's Level 5 division for $550 million, Momenta's $500 million fundraising, and DiDi Autonomous Driving's $300 million round. Xpeng said it plans to plans to use the net proceeds from its global offering to expand its product portfolio and develop more advanced technologies. It also intends to accelerate its business expansion by enhancing brand recognition, acquiring customers through omni-channel marketing strategies, and expanding its sales and service touch points both domestically and internationally. In addition, Xpeng said it will expand production capacity, upgrade facilities, and development manufacturing technologies. Some of the…
Found in Robotics News & Content, with a score of 13.05
June 08, 2021
…supplies mechanical and solid-state lidar sensors to AutoX, Nuro, Lyft, Navaya, WeRide, and Zoox. Investors want lidar for multiple applications GL Ventures, the venture capital arm of Hillhouse Capital, led Hesai's Series D round. Chinese Internet provider Meituan and smartphone maker Xiaomi and also participated, as did Citic Private Equity (CPE) Funds Management. Other investors included Baidu, Bosch, Huatai International Private Equity Fund, and ON Semiconductor. Baidu and Xiaomi are working with partners on electric vehicles, and Meituan is developing robots for indoor and outdoor deliveries. In addition, existing investors Lightspeed China Partners, Lightspeed Venture Partners, and Qiming Venture partners…
Found in Robotics News & Content, with a score of 28.07
April 27, 2021
…acquire Level 5, the self-driving division of ride-hailing company Lyft Inc. This marks the first major deal for the newly established Woven Planet and continuing consolidation in the autonomous vehicle space. Woven Planet Group launched in January 2021 as an expansion of the operations of Toyota Research Institute - Advanced Development Inc. (TRI-AD) with the motto of “Mobility to Love, Safety to Live.” It includes four companies in support of connected and autonomous vehicles, robotics, smart cities, and more. Woven Planet Holdings Inc. makes strategic decisions for the group, Woven Core Inc. develops autonomous vehicle technologies, and Wolven Alpha Inc.…
Found in Robotics News & Content, with a score of 4.81
October 09, 2020
…has the potential to affect about 300,000 Uber and Lyft drivers in the U.S. Replacing Truck Drivers The replacement of drivers will be one of the most dramatic, visible battlegrounds between automation and the human worker. Companies can eliminate the jobs of call center workers, retail clerks, fast-food workers, and the like with minimal violence and fuss. Truck drivers will be different. Right now, the federal government has said that it will allow autonomous vehicles in any states that permit them. One industry report noted that “the [US] Department of Transportation is throwing its full support behind the development of…
Found in Robotics News & Content, with a score of 11.24
September 03, 2020
…Ibrahim Toukan, head of Supply Chain at Level 5, Lyft’s autonomous vehicle unit, agrees. Key Transparency Features Available now, Fictiv’s radical transparency initiative includes these key features: On-Demand Production Status: detailed current production status of all the parts within every order, immediately and online; Virtual Inspection Photos: inspection photos from manufacturing partner facilities, before the parts are delivered; Centralized Access to Quality Documentation: material certifications, certificates of conformance and inspection documentation all available in one place; Order Configuration Details: centralized access to 2D and 3D design files, thread specifications, material and process configurations and invoices for all Fictiv orders; Historical…
Found in Robotics News & Content, with a score of 4.49
May 01, 2019
…account for.” On-demand mobility service providers like Uber and Lyft are interested in Level 4 and 5 autonomy. So are densely populated cities with mass transit challenges. “In that setup, I can’t foresee human drivers and autonomous cars sharing the road. The mixture is not safe. What we need are vehicles that can talk to one another, and also talk to the infrastructure, such as traffic lights. But a lot of investment has to happen before we get there,” says Macleod. Looking ahead to Level 4 and 5, Macleod believes manufacturers need to make the autonomous vehicles highly customizable. A…
Found in Robotics News & Content, with a score of 5.79
November 22, 2018
…another combine, Waymo/Google/Alphabet, working out kinks in the technology. Lyft and General Motors are combining efforts. And of course, Tesla and its innovative CEO Elon Musk, the peripatetic Canadian-American business magnate, investor, engineer, and inventor are bullish. The U.S. chip-making giant Intel announced Monday that it had reached a deal to acquire an Israeli company called Mobileye for $15 billion. The combination is expected to accelerate innovation for the automotive and trucking industry and position Intel as a leading technology provider for highly and fully autonomous vehicles. So What’s Happening in Trucking? Last October, a unit of Uber called Otto…
Found in Robotics News & Content, with a score of 9.10
December 18, 2016
…physical infrastructure in the US with investments in Jet.com, Lyft and Groupon. It has encountered difficulties while doing this, including a sale last year of 11 Main, a local marketplace. Alibaba’s real competitive advantage may lie in its anticipated rapid development of the local Chinese logistics infrastructure, which could give it ownership of low origin prices for exports as well as fulfillment on shipments to China. 3. Everything as a Service One result of the Ecommerce Cold War is an attempt to expand services across the supply chain. Amazon started with online sales, before expanding to fulfillment, warehouses and then…
Found in Robotics News & Content, with a score of 14.18
March 11, 2016
…said it would invest $500 million in ride-hailing company Lyft Inc and followed that by forming a new car-sharing brand operation called Maven. The company has also established a separate unit for autonomous vehicle development. GM executives have outlined plans to develop self-driving vehicles, including autonomous electric vehicles, that could be deployed in ride sharing operations in various markets. Other automakers are forging into ride sharing and autonomous driving, as are some traditional auto suppliers. Germany’s Continental AG and Delphi Automotive Plc, among others, are prowling for technology companies to buy, gathering in intellectual property and programming talent. The flurry…
