Hints and tips:
...And yet in 2021, the same McKinsey survey showed nearly 60 per cent of industry leaders expected North America to beat China in developing driverless car technology....
...Cruise’s cars were “not safe for the public’s operation”, California’s Department of Motor Vehicles said as it announced it was revoking permits for Cruise to test and deploy its vehicles on public streets...
...In suspending the company’s driverless cars from the roads, the regulator accused Cruise of having “misrepresented” details of the accident....
...Despite spending across the industry on development, which McKinsey estimates at $50bn, commercialisation of the technology has been delayed by the difficulty of teaching the cars to deal with the many rare...
...There are reports of driverless cars blocking lanes, for example. One Cruise car got in the way of firefighters. But there has been no particular pushback from residents....
...The appeal, beyond helping victims, is clear: if technology from the likes of Alphabet, Cruise and Tesla is to blame, public attention and potential payouts could be massive....
...VinFast’s wild ride has shone a spotlight on its billionaire founder Pham Nhat Vuong, who was Vietnam’s richest man even before the listing and whose control of 99 per cent of the company means he is now...
...Driverless cars do not just have to control the mechanics of a vehicle, they have to understand the world around them and make rapid decisions when circumstances change....
...By region, retail sales in Asia Pacific, dominated by China, are expected to be three times the value of those in North America. While retail has led the way in digital migration, it is not alone....
...Kyle Vogt, co-founder and chief executive of Cruise, talks of scale as the company’s focus. Cruise says that by 2025, revenues should hit $1bn....
...Its driverless car project is nearly 14 years old, with no sign of a market breakthrough in sight. In all, the company’s moonshot projects have racked up losses of $33bn since 2015....
...With the exception of Tesla, which continues to promise the imminent arrival of self-driving technology, a slower timeline has been widely accepted....
...This is about a very small subset of women who can go to a plaintiffs’ law firm and say, ‘Look, my target is a billionaire.’” V....
...The deployment of driverless technology is taking considerably longer than most of the industry expected a few years ago....
...Still, under Krafcik, Waymo has remained ahead of rivals, including General Motors-backed Cruise, Aurora and Argo AI....
...roots of America’s fossil fuel economy....
...in Latin America....
...demonstrating how an autonomous car drives around the block, says Dan Ammann, Cruise’s president....
...Is the power of today’s wealthiest people different than in the past? It’s a question that’s been on my mind because of a recent conversation I had with a famous technology investor in Silicon Valley....
...Human test drivers, charged with seizing control of autonomous cars during dangerous incidents, have been allowed behind the wheel after only a few days’ training, according to regulatory filings by Silicon...
...Mr Miller declined to give specifics on how Pronto’s technology differed from what is already available in luxury cars but said it involved superior lane-keeping, cruise control, emergency braking and “much...
...The company now has three factories and more than 1,200 employees in China, supplying equipment and providing fabrication services to clients in North America, Japan and Europe....
...But the Waterfront Toronto project represents North America’s biggest, most ambitious smart-city test case: up to 350 acres of untouched urban land in one of the continent’s fastest-growing metropolitan...
...Volvo pledges that a third of its cars sold will contain autonomous technology by 2025....
...He is currently Ford vice-president, Autonomous Vehicles and Electrification, is appointed CEO of Ford Autonomous Vehicles LLC reporting to a board of directors chaired by Marcy Klevorn, president of Ford...
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