Latest news with #AutonomousVehicles
South China Morning Post
6 days ago
- Automotive
- South China Morning Post
Embracing autonomous vehicles can revolutionise Hong Kong transport
Autonomous vehicles (AVs) are poised to transform the way we live, work and travel. Cities such as Beijing and San Francisco are pushing the boundaries of driverless technology. Although Hong Kong was a late starter in AV testing, it has made significant strides since the enactment of the Road Traffic (Autonomous Vehicles) Regulation and its associated Code of Practice in 2024. These regulations have enabled the Transport Department to swiftly approve testing applications. Baidu's Apollo Go secured a pilot licence last year and most recently expanded its trials to Tung Chung. This lays a foundation for Hong Kong to encourage the industry to transform testing data into standardised, exportable products, enhance market influence, upgrade the traditional automotive sector and position itself as a global leader in AV data transfer technology research and development. AV technology is advancing at an unprecedented pace. Mainland China is leading the way, with some projections suggesting its AV market could reach about US$170.6 billion by 2033. Apollo Go, for example, has made significant progress in major cities such as Beijing, where around 3,000 sq km is scheduled to be open for testing, and Wuhan , where nearly 500 of its driverless vehicles operate. Against such progress, Hong Kong's historically cautious approach could result in it missing out on the economic and technological benefits of AVs. The new legislation will enable Hong Kong to address future smart city needs proactively.
CNA
20-05-2025
- Automotive
- CNA
Musk says Tesla is on track to launch a robotaxi trial in Austin, Texas by the end of June
Tesla Chief Executive Elon Musk on Tuesday said a test of robotaxis would begin on schedule in Austin, Texas by the end of June. Musk in a CNBC interview said that he expected Austin to launch with about 10 cars and that robotaxi deployment would scale up to about a thousand within a few months.
Yahoo
19-05-2025
- Business
- Yahoo
Terranet invites to presentation of Interim report for the first quarter on May 19, 2025
On Maj 19th 2025, Terranet AB (publ) will release its Interim report for the first quarter 2025. On the same day at 10 a.m. CET, the company's CEO Lars Lindell and CTO Pierre Ekwall will provide an update on the operations in a webcast. The event will be broadcast digitally and is open to the public. The presentation will be held in English. Via the webcast, there is an opportunity to ask written questions. Link to the webcast: recording of the presentation will be available afterwards on Terranet's website. For more information, please contact: Lars Lindell, CEOE-mail: Terranet's goal is to save lives in urban traffic. The company develops innovative technical solutions for Advanced Driver Assistance Systems (ADAS) and Autonomous Vehicles (AV). Terranet's anti-collision system BlincVision laser scans and detects road objects up to ten times faster than any other ADAS technology available today. The company is headquartered in Lund, with offices in Gothenburg and Stuttgart. Since 2017, Terranet has been listed on Nasdaq First North Premier Growth Market (Nasdaq: TERRNT-B). Follow our journey at: Attachment 250519_Terranet_Webcast_Q1_ENG
