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...The fund, raised by the group’s Brookfield Infrastructure Partners arm, is the largest-ever dedicated to investing in assets such as airports, toll roads, pipelines and natural gas export plants....
...Autonomous systems rely on a combination of sensors, such as cameras or radar, that can see obstacles, as well as maps of the existing road network, to navigate....
...Tesla, which sank more than $2bn on building a gigafactory in Shanghai in 2019 and now has 1.6mn cars on Chinese roads, could contribute to reversing the trend....
...Despite “challenges in some markets”, the “share of EVs on the roads is expected to continue to climb rapidly” in the coming years, the IEA said in its annual outlook report....
...Yet Tesla’s autonomous driving software still requires drivers to keep their hands on the steering wheel and their eyes on the road....
...“EVs are still a clear part of the product road map. That hasn’t changed....
...Licensing requirements could still be introduced down the road, however....
...His mother worked in the local government, figuring out how traffic flows were affected by road construction....
...Being allowed to offer the same service in China, where the company has about 1.6mn cars on the road, “would unlock a significant fleet of Tesla vehicles able to charge subscription fees”, said Narayan....
...Need to know: global economy IMF chief Kristalina Georgieva said China was at a “fork in the road” and must choose between past policies and “pro-market reforms” to get growth....
...A version of this article was first published by Nikkei Asia on March 6. ©2024 Nikkei Inc. All rights reserved....
...Tsinghua’s Zhang said companies leveraging China’s existing hardware and software — “road-level intelligence” — would reduce costs, accelerate deployment and, importantly, make the roads safer....
...Bain is down about this, saying: . . . as of January 2024, approximately 14,500 funds across the industry were on the road seeking $3.2 trillion in capital and only $1 closed for every $2.40 targeted, marking...
...Three months of sticky inflation is worrying, but could prove a bump in the road....
...own personality, Musk appeared to have smoothed the path for his semi-autonomous driving technology — dubbed FSD, or “full self-driving” — to be rolled out across the 1.6mn Tesla cars already on Chinese roads...
...I wonder if the Apple case could be where the rubber meets the road on tech euphoria and financialisation....
...The automotive industry nonetheless expects EVs to become dominant in time as governments push to decarbonise road transport....
...“When you see a fork in the road, take it” is not good personnel advice....
...Tesla has innovation and tech that is incredible, makes the best vehicles on the road, but they can’t sell as many of them because the CEO has become so toxic to so many groups of people,” Gerber said....
...Women, it seems, have allowed the genius of the Romans and their roads, armies, sewers, walls, aqueducts and (erm) gladiatorial death matches, to pass us by....
...The UK actually ranks mid-table in a group of 10 large economies when comparing the ratio of plug-in vehicles on the road, including hybrids, to standard chargers....
...The company has been down this road before....
...This means keeping their hands on the wheels and eyes on the road while the system, which allows a car to steer when in marked lanes and accelerate and brake, is active....
...Its announcement to invest $14bn to develop smart cars to take on rivals in the premium segment last month follows its launch of its electric supercar and luxury off-road hybrid sport utility vehicle....
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