Artificial Intelligence, Auto, Business, Companies, News, transportation, US

Ford will invest $11bn in electric vehicles by 2022

Ford Motor Co decided that they will significantly increase their planned investments in electric vehicles to $11bn by 2022 and have 40 hybrid and fully electric vehicles in its model line-up. At the Detroit Auto show that happened last week, the company’s chairman, Bill Ford, said that the whole investment is much more higher than what was previously announced ($4.5bn by 2020). He also added that this investment includes costs of developing dedicated electric vehicle architectures. General Motors, Toyota and Volkswagen have already outlined ambitious plans to offer more electric vehicles and also did General Motors who made his announcement last week about new driverless vehicle.

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Artificial Intelligence, Auto, Companies, News, Technology Security

General Motors announced their driverless car for the next year

General Motors will no longer need an engineer in the front seat who was managing the robot that controlled its self-driving Chevrolet Bolt. There will be no more steering wheel and also, the pedals will be gone. This  announcement came last week and it is more than obvious that this auto-giant got the confidence from it’s engineers. The car will be the fourth generation of its driverless, all-electric Chevy Bolts, which are currently being tested on public roads in San Francisco and Phoenix. And when they roll off the assembly line of GM’s manufacturing plant in Orion, Michigan, they’ll be deployed as ride-hailing vehicles in a

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Artificial Intelligence, Auto, Companies, News, startups

Riders in Alphabet’s Waymo Cars Will Now Be Insured

Alphabet Inc.’s Waymo self-driving car group announced a deal with Trov Inc., a venture-backed insurance startup, to provide some reassurance against unexpected events for riders who will be testing its upcoming autonomous shuttle service. The insurance coverage will include several protections for passengers for the duration of each trip including lost property, trip interruption benefits, and medical expense reimbursement. Waymo’s Director of Operations Shaun Stewart said that one of the reasons they chose Trov is that innovative technology needs innovative partners. “Trov is pioneering a cutting-edge approach to insurance that’s ideal for ride-sharing because it’s customized for every trip. As we prepare to launch a commercial

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Artificial Intelligence, Auto, Business, Companies, Intel, News, press releases

Collaboration with Waymo ensures Intel leading role in Antonomous Driving

Last week Intel CEO Brian Krzanich revealed that his company supplies processors and other hardware to Waymo, and that Intel would like to continue working with the former Google self-driving car project. The Intel components are used in Waymo’s Chrysler Pacifica Hybrid minivans, which recently replaced a fleet of small pod-like electric cars as Waymo’s frontline test vehicles. The $15.3 billion acquisition of Mobileye could strengthen Intel in the self-driving vehicle space to offer a variety of items related to self-driving vehicles. These products include cameras, machine learning, sensor chips, roadway mapping, cloud software, and in-car networking. Waymo has a hardware program for sensors, autonomous decision-making, pathfinding, and more.

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Artificial Intelligence, Auto, Business, Companies, News

Delphi Automotive Creates New Company – Aptiv

Delphi Automotive decided to transform itself from a traditional automotive parts supplier into a tech company focused on autonomous driving. The company is spinning off its powertrain division into a separate entity called Delphi Technologies, and rebranding everything else under a new corporate name — Aptiv. “Delphi Technologies enjoys a balanced revenue mix, robust cost structure and veteran leadership. Also, the company is capable of complying with the strict automotive regulations, pertaining to lowering of the CO2 and other toxic emissions from combustion engines by a considerable amount,”the company announced. They added that Aptiv is now in a position to solve complicated challenges embedded in greener,

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Artificial Intelligence, Auto, Business, Companies, Intel, News

Intel develops a formula for driverless cars safety

Intel and its subsidiary Mobileye have jointly developed a mathematical formula that can objectively figure out just how safely a self-driving car is operating. The model is called Responsibility Sensitive Safety, and revolves around what’s called a “Safe State.” The world’s largest chipmaker calls this a set of standards, based on mathematical formulas, that will govern the behavior of robot cars and trucks. If they’re adopted, Intel argues, it will bring certainty to questions of liability and blame in the event of an accident. There are two main concerns when it comes to autonomous vehicle driving safety. First is what almost all car makers are currently focused on, the sensors, equipment,

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Artificial Intelligence, Auto, Business, Companies, News, Nvidia, press releases, transportation, VR World

Nvidia announced Pegasus – New Platform for Driverless Cars

Silicon Valley graphics chipmaker Nvidia, announced a new, more powerful computing platform for use in autonomous vehicles. The company claims its new system, code named Pegasus, can be used to power Level 5, fully driverless cars without steering wheels, pedals, or mirrors. Deutsche Post DHL Group, the world’s largest mail and logistics company, and ZF [ZFF.UL], a top automotive parts supplier, plan to deploy a fleet of autonomous delivery trucks based on the new chips, starting in 2019, NVIDIA said for Reuters. The third generation of NVIDIA’s Drive PX automotive line is a multi-chip platform the size of car license plates with datacenter-class processing power.

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