Sunday, December 22

Tag: Autonomous Driving Technologies

Tesla’s Self-Driving Tech Has Competition
16Dec By adminNo Comments
Money

Tesla’s Self-Driving Tech Has Competition

Dec. 16, 2023 10:00 am ETA mass recall of Tesla’s Autopilot feature and crisis at General Motors’ autonomous-taxi business might give the impression that self-driving cars have hit a roadblock. In fact, the technology is on the cusp of much wider adoption. Just don’t expect it to change your life immediately—or the economics of making cars.On Wednesday, the National Highway Traffic Safety Administration recalled more than two million Teslas equipped with Autopilot, which steers them automatically and matches their speed to surrounding traffic. But the news wasn’t as bad as the number makes it sound, either for Tesla’s profit or for its driver-assistance technology.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Tesla’s Self-Driving Tech Has Competition
16Dec By adminNo Comments
World

Tesla’s Self-Driving Tech Has Competition

Dec. 16, 2023 10:00 am ETA mass recall of Tesla’s Autopilot feature and crisis at General Motors’ autonomous-taxi business might give the impression that self-driving cars have hit a roadblock. In fact, the technology is on the cusp of much wider adoption. Just don’t expect it to change your life immediately—or the economics of making cars.On Wednesday, the National Highway Traffic Safety Administration recalled more than two million Teslas equipped with Autopilot, which steers them automatically and matches their speed to surrounding traffic. But the news wasn’t as bad as the number makes it sound, either for Tesla’s profit or for its driver-assistance technology.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Mary Barra Spent a Decade Transforming GM. It Hasn’t Been Enough.
16Dec By adminNo Comments
World

Mary Barra Spent a Decade Transforming GM. It Hasn’t Been Enough.

Updated Dec. 16, 2023 12:04 am ETListen to article(2 minutes)At a 2018 meeting with a senior General Motors team, Chief Executive Mary Barra stunned the room with a sharp U-turn. She killed plans for a new high-end Cadillac that already had gushing reviews from the automotive press. Her reason: the car’s gas-guzzling V-8 engine. Barra, deep into her quest to turn GM into an electric-car powerhouse, decided it would send the wrong message to showcase another splashy Cadillac—the GM brand known for innovation—that leans on fossil-fuel technology. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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TuSimple Winds Down U.S. Operations as It Looks for Buyer
5Dec By adminNo Comments
World

TuSimple Winds Down U.S. Operations as It Looks for Buyer

Self-driving trucking company TuSimple Holdings said Monday that it is winding down its U.S. business, reducing its workforce to about 30 people as it looks for a buyer for its assets that remain in the country.The demise of TuSimple’s U.S. operations marks a precipitous fall for the one-time leader in autonomous long-haul trucking. The San Diego-based company in the past year has had to grapple with safety concerns as well as government scrutiny of its dealings with a Chinese trucking startup. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Cruise Suspends Employee Share Program, Citing Need to Revalue the Business
16Nov By adminNo Comments
World

Cruise Suspends Employee Share Program, Citing Need to Revalue the Business

Updated Nov. 16, 2023 1:18 pm ETGeneral Motors’ Cruise is suspending an internal program that allows employees to cash out shares in the driverless-car firm, citing the need to revalue the business after a pedestrian accident led it to halt robotaxi services last month. Cruise notified employees of the decision Thursday in an email from chief executive Kyle Vogt, which was reviewed by The Wall Street Journal. The autonomous-driving startup, majority owned by GM, told employees that the regular quarterly offer to sell shares would be canceled as it re-evaluates the program. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Chinese Laser Sensor Maker Targeted as Tech Trade War Spreads
31Oct By adminNo Comments
Technology

Chinese Laser Sensor Maker Targeted as Tech Trade War Spreads

Oct. 31, 2023 10:00 am ETHesai Group, a Shanghai-based maker of laser sensors used for next-generation vehicles, celebrated a Nasdaq stock offering in February that was heralded by some as a comeback for Chinese listings in the U.S.Less than nine months later, Hesai has become an example of how the U.S.-China battle over technology is roiling the business world. Its stock is down more than 50%, and the company is on the back foot, hiring lobbyists and defending its reputation.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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The Latest Tech Caught in the U.S.-China Trade War: Lasers
31Oct By adminNo Comments
World

The Latest Tech Caught in the U.S.-China Trade War: Lasers

Oct. 31, 2023 10:00 am ETHesai Group, a Shanghai-based maker of laser sensors used for next-generation vehicles, celebrated a Nasdaq stock offering in February that was heralded by some as a comeback for Chinese listings in the U.S.Less than nine months later, Hesai has become an example of how the U.S.-China battle over technology is roiling the business world. Its stock is down more than 50%, and the company is on the back foot, hiring lobbyists and defending its reputation.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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GM’s Cruise Pauses All Driverless Operations After California Crackdown
27Oct By adminNo Comments
World

GM’s Cruise Pauses All Driverless Operations After California Crackdown

Cruise, the self-driving car unit of General Motors, is suspending all of its driverless operations, after regulators in California said the vehicles are unsafe in public and pulled the company’s self-driving permit.“The most important thing for us right now is to take steps to rebuild public trust,” Cruise said late Thursday in a post on X, the social-media platform formerly known as Twitter. “Part of this involves taking a hard look inwards and at how we do work at Cruise, even if it means doing things that are uncomfortable or difficult.”Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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