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Indian Express
33 minutes ago
- Automotive
- Indian Express
Honda-backed Helm.ai unveils vision system for self-driving cars
Honda Motor-backed on Thursday unveiled its camera-based system to interpret urban environments, dubbed Vision, and said it was in talks with other automakers to deploy its self-driving technology in mass-market vehicles. is working with the Japanese automaker to integrate its technology in the upcoming 2026 Honda Zero series of electric vehicles, which will allow users to drive hands-free and take their eyes off the road. 'We're definitely in talks with many OEMs and we're on track for deploying our technology in production,' CEO and founder Vladislav Voroninski told Reuters. 'Our business model is essentially licensing this kind of software and also foundation model software to the automakers.' The California-based startup's vision-first approach aligns with Elon Musk's Tesla, which also relies on camera-based systems as alternate sensors such as lidar and radar can increase costs. However, Voroninski said while has foundation models that work with other sensors, its primary offering remains vision-focused. Industry experts say other sensors are critical to safety as they can act as backup for cameras, which are known to underperform in low-visibility conditions. Robotaxi companies such as Alphabet's Waymo and May Mobility use a combination of radar, lidar and cameras to perceive their surroundings. has raised $102 million to date and counts Goodyear Ventures, Korean auto parts maker Sungwoo HiTech and Amplo among its investors. Vision combines images from multiple cameras to create a bird's-eye view map, which helps improve the vehicle's planning and control systems, the company said. The system is optimized for several hardware platforms made by the likes of Nvidia and Qualcomm. This enables automakers to incorporate Vision into their existing vehicle systems, which include their own technologies for predicting and planning vehicle movements.
Straits Times
40 minutes ago
- Automotive
- Straits Times
China's Baidu eyes robotaxi expansion to Singapore and Malaysia
Baidu is planning to launch its Apollo Go robotaxi service in Singapore and Malaysia as early as 2025, a source says. PHOTO: ST FILE Hong Kong – Baidu is planning to launch its Apollo Go robotaxi service in Singapore and Malaysia as early as 2025, according to a person familiar with the matter, as the company continues to expand its global footprint. Apollo Go is in discussions with potential partners to explore the right business models for the two markets, said the person, who asked not to be identified discussing private matters. Baidu didn't immediately respond to a request for comment. Its chief executive officer Robin Li has previously said the company was seeking partners such as mobility service providers, local taxi companies and third-party fleet operators for an asset-light approach. The development comes as Tesla prepares to launch its Cybercab robotaxi network in the United States within days, with Elon Musk staking the electric car maker's future growth on autonomous driving technology. At the same time, Chinese robotaxi companies including Apollo Go, and US-listed Weride and Pony AI are expanding into international markets such as the Middle East, Europe and South-east Asia. Apollo Go is fast scaling up. It has deployed than 1,000 self-driving vehicles worldwide, most of which are in China. It reached 11 million rides by the first quarter of this year, surpassing Alphabet's autonomous driving unit Waymo's 10 million paid rides as of May 23. The Baidu unit is also exploring entering Europe and Turkey, and was in talks with Swiss Post unit PostAuto to roll out a robotaxi service in Switzerland. BLOOMBERG Join ST's WhatsApp Channel and get the latest news and must-reads.
Yahoo
2 hours ago
- Business
- Yahoo
Musk slams influential Trump adviser: ‘He's a snake'
Tesla CEO Elon Musk swiped at a senior White House official late Wednesday following reports of a rift between the two men. Musk replied to a post on X, the social media platform he owns, linking to a New York Post story detailing that Sergio Gor had not submitted full vetting paperwork. Gor is one of the most influential officials in the White House, serving as head of the Presidential Personnel Office. 'He's a snake,' Musk wrote of Gor. READ MORE:
South China Morning Post
3 hours ago
- Automotive
- South China Morning Post
Family of South Korean lawyer killed in Tesla crash sues US carmaker, local subsidiary
The family of a lawyer who died in a 2020 Tesla Model X crash in Seoul has filed a lawsuit against Tesla's US headquarters and its South Korean subsidiary, alleging sudden unintended acceleration and vehicle defects. Lawyer Ha Jong-seon, representing the victim's family, held a press conference on Thursday and announced that a civil complaint had been filed with the Seoul Central District Court a day earlier. The case centres on a fatal accident that occurred on December 9, 2020, when a Tesla Model X crashed into the wall of an underground parking garage in Yongsan district, Seoul. At the time, the vehicle was being driven by a chauffeur, identified as Choi, while lawyer Yoon, a passenger in the car, was killed in the crash and ensuing fire. The family said that telematics data retrieved from the vehicle raises serious questions about the cause of the accident. According to the data, the accelerator pedal was allegedly pressed at 100 per cent displacement for six seconds, yet the vehicle's speed increased by only 39km/h (24mph) – from 55.84 to 94.95km/h – a discrepancy they argue indicates the driver may have been pressing the brakes instead. 'Normally, we would rely on Event Data Recorder (EDR) data in such cases, but the fire destroyed it on impact,' Ha said. 'However, this Tesla vehicle transmitted operational data via telematics to the company's server, allowing us to review the vehicle's speed and pedal input just before the crash.' 00:58 Chinese driver survives after her Tesla is sent flying, landing on parked cars Chinese driver survives after her Tesla is sent flying, landing on parked cars Ha added that the Tesla Model X in question is capable of accelerating from zero to 100km/h in 4.6 seconds. 'If the accelerator had really been fully pressed for six seconds, the car should have gone much faster. This inconsistency strongly suggests the driver was braking.'
Yahoo
3 hours ago
- Automotive
- Yahoo
This Self-Driving Car Stock Is Heating Up as Tesla Puts the Spotlight on Robotaxis. Should You Buy It Here?
Innoviz (INVZ) shares have been in focus in recent sessions as Tesla's (TSLA) upcoming launch of robotaxi services in Austin keeps investors particularly interested in self-driving car stocks. However, the company that specializes in LiDAR sensors is not riding on speculation only. In fact, Innoviz has just landed two major agreements that could boost its capabilities as well as the stock price. Trump Is Giving Tesla's Robotaxis a Leg Up Ahead of June 22. Should You Buy TSLA Stock Now? Dear Nvidia Stock Fans, Mark Your Calendars for July 16 The Trump Family Is Betting Big on Mobile Phones. Should Apple Stock Investors Be Worried? Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now! On Wednesday, Innoviz stock is up some 20% on the back of a deal with Cogniteam and another with a renowned global automaker. Innoviz has signed a 'Statement of Development Work' with a top-5 global automaker to supply its InnovizTwo LiDAR system for a Level 3 autonomous driving vehicle slated for production in 2027. INVZ will soon begin delivering hundreds of tailored sensors and software modules, positioning the company as a Tier-1 partner. This agreement accelerates the Nasdaq-listed firm's move into the mass-market automotive space and opens the door to large-scale production deals. For Innoviz stock, this means three significant benefits: near-term revenue from early deliveries, long-term upside tied to a production contract, and validation from a blue-chip OEM. As CEO Omer Keilaf said in a recent press release, working with 'one of the most respected automotive manufacturers' boosts INVZ's credibility and market positioning. Innoviz's collaboration with Cogniteam, announced this morning, integrates the latter's AIoT analytics into InnovizSMART Long-Range LiDAR. The outcome? A plug-and-play solution that finds far-reaching applications within the safety and security niche. This deal helps diversify INVZ's revenue streams beyond automotive manufacturing. It taps into the fast-growing security and surveillance market – which typically offers higher margins and quicker sales cycles. In short, the Cogniteam partnership underscores Innoviz's ability to leverage the same LiDAR tech in versatile, value-added applications – enhancing its competitive moat. Despite an explosive rally over the past two months, Wall Street analysts continue to see significant further upside in Innoviz stock. According to Barchart, the consensus rating on INVZ shares remain at 'Strong Buy' with the mean target of $2.41 indicating potential upside of roughly 80% from current levels. On the date of publication, Wajeeh Khan did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
