1. Tesla faces significant catalysts this month, including the robotaxi event on October 10, 2024, and Q3 earnings release shortly after; 2. The robotaxi event could shift investor focus to Tesla's autonomous vehicle potential, offering a new revenue stream and boosting the investment narrative; 3. Despite slowing EV growth and increased competition, Tesla's high gross margins and potential in the autonomous vehicle market remain strong.
Recent #Autonomous Vehicles news in the semiconductor industry
1. Uber's profitability turnaround in 2023; 2. Strategic partnerships with Waymo and GM; 3. Autonomous vehicles promise to improve margins and reduce labor risks.
The Fraunhofer IDMT Institute for Digital Media Technology in Oldenburg, as a subcontractor, developed a special acoustic sensor for the Shuttle. Algorithms were also programmed to detect emergency vehicles using the sensor. The project focuses on the comprehensive automation of mobility processes using AI, with autonomous shuttles operating in defined environments. The closing event will showcase the project results and allow participants to interact with the partners.
➀ In 2022, 1,552 autonomous vehicles (AVs) driving 5.7 million miles were reported for testing in California, with a collision rate of 96.7 per 1,000 vehicles and 26.3 per million vehicle miles. ➁ Most collisions were minor and often caused by other traffic participants. ➂ The actual collision figures may be higher due to underreporting.
➀ Waymo plans to expand its robotaxi service in California, including East Bay, San Jose, and highways around San Francisco Bay. ➁ The expansion follows a year of operation in San Francisco without serious incidents, according to Waymo's director of product management. ➂ Despite this, there have been incidents of Waymo vehicles driving the wrong way and causing crashes, leading to recalls and federal investigations. ➃ Local communities and activists are concerned about the safety and nuisance posed by the increasing number of autonomous vehicles.
➀ Wayve, a UK-based developer of driverless car technology, has announced a strategic partnership with Uber, which includes a strategic investment in Wayve. ➁ The partnership aims to accelerate the integration of Level 2+ advanced driver assistance and Level 3 automated driving capabilities into consumer vehicles, and to develop Level 4 autonomous vehicles for global deployment on Uber's network. ➂ Wayve's unique mapless end-to-end AI technology is designed for operation without geofenced limits, and the partnership envisions Wayve-powered self-driving vehicles being available on Uber's network in multiple markets worldwide.
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