Tag: transportation
Elon Musk reveals the Tesla Model S Plaid
Tesla finally held the long-awaited, and once rescheduled, “delivery event” for its ultra-fast Model S Plaid at its factory in Fremont, California. The electric vehicle company will begin with 25 deliveries on Friday evening, expanding to several hundred cars per week and a thousand cars per week in the next…
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Archer Aviation reveals 2-seater demonstration aircraft, a “stepping stone” toward commercial operations
Archer Aviation unveiled its autonomous electric two-seater aircraft dubbed “Maker” on Thursday, which it will use for testing as it works towards certification of a larger piloted five-seater announced in March 2020. The aircraft unveiled on Thursday is not what would take to the skies should the company reach commercial…
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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 in 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…
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Nvidia acquires hi-def mapping startup DeepMap to bolster AV technology
Chipmaker Nvidia is acquiring DeepMap, the high-definition mapping startup announced. The company said its mapping IP will help Nvidia’s autonomous vehicle technology sector, Nvidia Drive. “The acquisition is an endorsement of DeepMap’s unique vision, technology and people,” said Ali Kani, vice president and general manager of Automotive at Nvidia, in…
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Waymo and JB Hunt partner to bring autonomous trucks to Texas in new pilot
Waymo will be moving freight for a major customer of transportation logistics company J.B. Hunt Transport Services under what the two companies are calling a “test run” that will take place in one of the country’s busiest trade corridors. Waymo Via, the company’s trucking and cargo transportation service, will transport…
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Motional CEO hints at an autonomous future in logistics
Motional, the $4 billion joint venture between Aptiv and Hyundai, is exploring the company’s potential involvement in autonomous trucking or logistics, its CEO said today during a live session at TechCrunch’s 2021 Mobility Event. “The beauty of what’s on the other side of the coin is that the same core…
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