Connected and Autonomous Vehicles:
☹ Mobileye to Close Aftermarket Unit, Lay Off 130. “Israeli advanced driving assistance systems (ADAS) company Mobileye Global MBLY 2.55%↑ has announced that it is closing down its aftermarket solutions unit due to market changes in recent years. The move will result in 130 employees being laid off, including an estimated 90 in Israel.”
😦 NTSB Investigating Deadly Crash in San Antonio Involving a Semi-Autonomous Vehicle. “The Mustang Mach-E is capable of hands-free driving. It can control steering, braking and lane positioning, but still needs drivers’ supervision.”
🛺 NVIDIA DRIVE Powers Next Generation of Transportation — From Cars and Trucks to Robotaxis and Autonomous Delivery Vehicles. “BYD, Hyper, XPENG, Plus, Nuro, Waabi and WeRide Adopt DRIVE Thor.”
🙁 Carmakers’ Shady Data Sharing Takes Spotlight in GM Connected Car Scandal. “The heart of the problem is one of GM‘s GM 1.19%↑ OnStar connected-car services, called Smart Driver.”
🚗 VW Is Ready To Bring Autonomous Driving To Large-Scale Production. “The German automaker is ramping up the AD technology for the VW Buzz AD with Mobileye following an extensive pilot phase in the U.S. and Germany.”
