We are still far from what the average person would understand as a driverless car, which is what the trade body Society of Automobile Engineers (SAE) calls ‘Level 5’
The concept of AVs was first conceived by General Motors at its ‘Futurama’ exhibit at the 1939 New York World’s Fair.
The development of UAM solutions has been supported in part by developments in batteries and lightweight materials.
The metaverse is likely to rely heavily on AR and AR-related technologies, such as simultaneous localisation and mapping (SLAM), facial recognition, and motion tracking.
The company has come under fire due to numerous harassment and discrimination allegations.
Out of the 26 venture financing deals involving travel apps in 2021, 46% of them involved ridesharing, rental, or hailing companies that are app-based.
The automotive industry witnessed the highest growth in M&A deal value in 2021, largely driven by batteries, electric vehicles and autonomous vehicles.
BMW made an early entry into electric vehicles with the i3 battery-powered hatchback, but its portfolio is now behind some of its competitors.
Bringing the supply chain closer to home will allow the EU to have greater ESG oversight.
Vietnam is one of Uber's fastest-growing Asian markets and the agreement is the first of its kind for the company in Southeast Asia, where it faces stiff competition from Singapore-based...