The Bay Area-based autonomous vehicle maker received an investment from TDK Ventures, a subsidiary of Japanese multinational electronics company TDK Corp.
The California-based robo-delivery company has reportedly reached a valuation of more than $8.5 billion.
The automaker is committing to hydrogen as its fuel of the future — and not just for its commercial vehicles.
Motional is expanding its testing grounds to Los Angeles and adding a new facility in the Bay Area.
Boston-based Motional is testing how its AVs can collect and transmit data on electric infrastructure to utility provider Eversource.
Despite all the hype and promise of autonomous trucks, the professional driver is not going anywhere.
The audience brought up ‘the trolley problem’ and the productivity gains of Level 4 autonomous trucks.
Pronto built a high-performing Level 2 solution for commercial vehicles with dynamic throttling, braking, and steering.
If driver wages are eliminated, total cost of ownership will fall. But capacity will saturate the market and rates will crash. In the end, trucking will still be a capital-intensive and low-margin industry.
The credit rating agency says that well-capitalized, risk-sharing joint ventures between incumbent automakers have the best chance of successfully bringing AV products to market safely and at scale.
