Centre for Connected and Autonomous Vehicles’ Post

Read more about how CAM Testbed UK members are delivering value to #CAM startups and SMEs through the #CAMScaleUpUK programme below. If you’d like to join the fifth cohort, learn more about the application process through the website below: Zenzic 🔗 https://lnkd.in/ecjBQ4qA #CAM #FutureOfMobility

Any innovative tech start-ups (or SME) working in the autotech, connected vehicle, and self-driving sectors should consider the Zenzic CAM Scale-up. For Eloy, it was vital to create real-world controlled tests to show our multi-vehicle coordination can reduce traffic congestion and improve journey times.

The Zenzic CAM Scale-Up UK programme opens again for it's fifth cohort of start-ups and SMEs. The selected start-ups and SMEs will have the opportunity to access up to £100,000 of funding through Centre for Connected and Autonomous Vehicles to open the doors to the world leading testbeds as part of #CAMTestbedUK. If you'd like to learn how to apply, you can access more information below: #CAM #FutureOfMobility #CAMScaleUpUKCohort5

Huge news, and a major milestone for Oxa! Following years of innovation and pilot projects, we made our first commercial deployment of passenger-carrying shuttles operated by a third party. Oxa Driver is now deployed in passenger shuttles operated by Beep, Inc. at Florida State College at Jacksonville. Once we were asked to operate there, it's worth noting how quickly we were able to deploy. Thanks to our mapping and virtual route testing solutions, the shuttle was able to operate autonomously on its first lap of the campus route. This is Day 1 for commercial autonomy at Oxa. Now you're going to see us scaling up repeatably and efficiently. We’re advancing the state of the art, and demonstrating the transformative power of autonomous vehicles to enhance mobility and safety, and to enable applications that simply wouldn’t otherwise be feasible. This first launch is only the beginning. #FutureMobility #Tech #Innovation #AutonomousVehicles #Autonomy

"Today’s technology simply has not been sufficient,” said Aeva co-founder and CEO Soroush Salehian, speaking at the Financial Times Future of the Car Summit about enabling highway-speed autonomy. Watch the whole talk from #FTCar, with CEOs from Aeva and Torc Robotics, to learn more about when and where they expect to see fully autonomous vehicles operating at highway speeds at scale -- available on-demand at car.live.ft.com

We’re looking forward to being there! An excellent summary of the webinar can be found below, please register through the link to save your space! #CAM #FutureOfMobility

The news of Aptiv pulling out of its Motional joint venture sent shockwaves through the autonomous vehicle (AV) industry. The Challenge: Cost & Complexity Kevin Clark cited "costs related to delivering the tech, principally in and around hardware" as a key reason for their exit. This underscores a persistent challenge in AV development: striking a balance between cutting-edge technology and affordability. Bringing down the cost of sensors, LiDAR, and other hardware remains crucial for mass adoption. The Impact: Confidence & Timelines While Motional remains committed to its 2024 launch, Aptiv's departure might create panic among investors. The AV industry thrives on confidence, and this development could potentially impact funding for other players. Additionally, securing new funding might delay timelines, pushing back the dream of commercially viable robotaxis. But Here's the Optimism Despite the immediate setback, I believe in the long-term potential of AVs to transform transportation. The industry continues to attract significant investments, highlighting the unwavering belief in its future. Moreover, technological advancements are happening at a rapid pace, offering hope for overcoming cost hurdles. The Road Ahead: Collaboration & Innovation This event underscores the need for stronger collaboration and innovative solutions within the AV ecosystem. Partnerships between automakers, tech companies, and investors are crucial to share resources and accelerate progress. Additionally, exploring alternative hardware solutions and focusing on specific use cases could be key to achieving cost-effectiveness. #MOVEAmerica2024 offers an opportunity to facilitate such cross-sector partnerships allowing innovation to drive forward come join us in Austin on the 24-25th of September. Enquire today: https://lnkd.in/dRuahkDU #autonomousvehicles #Motional #Aptiv #AV #futureoftransportation #mobility

Thanks to everyone at the Greater Phoenix Economic Council for their continued research and reporting on PHX's Autonomous Vehicle ecosystem. This report is loaded with every tech and auto company making investments into Phoenix. #CBRE #CBREtech #Auto #autonomousvehicles

Autonomous driving has long been confined to the realm of science fiction, but the day is rapidly approaching when it will be reality on the world’s roadways. The companies pioneering the technology to bring autonomous driving to fruition stand to profit handsomely, but those companies must not mislead the public about what those profits are likely be. Pomerantz was recently appointed Lead Counsel in an investor suit against Innoviz Technologies Ltd., an Israeli tech company specializing in LiDAR sensors and perception software for autonomous vehicles. According to the complaint, Innoviz misled investors by overstating the benefits and profitability of its business and its partnerships with “Tier-1 companies”, creating a false impression of its financial prospects. In March 2023, Innoviz Technologies stock plummeted by 14.95% following disappointing FY 2022 financial results, including lower-than-expected earnings and revenue. The company also projected lower revenue for FY 2023, contrary to previous optimistic statements. These developments led to significant losses for investors. #SecuritiesLitigation #ClassAction #AutonomousDriving #Tech