2018-11-01 08:36:00 Thu ET
trust perseverance resilience empathy compassion passion purpose vision mission life metaphors seamless integration critical success factors personal finance entrepreneur inspiration grit
Ford and Baidu team up to test autonomous cars in China. For the next few years, Ford and Baidu plan to collaborate on the car design and user acceptance test of driverless vehicles in China. Ford provides autonomous vehicles that fits the Baidu proprietary autonomous navigation system Apollo. On-road car tests begin to take place in 2018Q4.
Ford and Baidu both aim to achieve the U.S. SAE Level 4 standard. The U.S. SAE industry classification measures the level of *human involvement* in autonomous vehicles, and the SAE Level 4 standard stipulates that driverless vehicles can run autonomously within specific areas under the correct weather conditions. By this standard, the Ford-Baidu autonomous vehicles require no human intervention at all. Although Ford and Baidu have yet to disclose the financial terms and ownership structure details of this Sino-U.S. joint venture, the tech firms leverage innovative artificial-intelligence and wireless connectivity solutions that improve the safe and convenient passenger experiences in different environments.
Most user acceptance tests are likely to take place in China, and the ultimate Level 4 driverless vehicles will run on both Chinese and American soil. Through this core strategic partnership with Baidu, Ford can secure its competitive advantage and moat in autonomous cars in response to intense competition from Uber, Lyft, Tesla, and Waymo etc. Autonomous vehicles remain a top long-term strategic priority for several world-class carmakers from Audi and BMW to Mercedes-Benz and Toyota.
If any of our AYA Analytica financial health memos (FHM), blog posts, ebooks, newsletters, and notifications etc, or any other form of online content curation, involves potential copyright concerns, please feel free to contact us at service@ayafintech.network so that we can remove relevant content in response to any such request within a reasonable time frame.
2018-01-10 08:40:00 Wednesday ET
President Trump considers imposing retaliatory economic sanctions on Chinese products and services in direct response to China's theft and infringement
2017-10-15 07:38:00 Sunday ET
Ivanka Trump and Treasury Secretary Steven Mnuchin both press the case for GOP tax legislation as economic relief for the middle-class without substantial t
2020-09-24 10:26:00 Thursday ET
Edge strategies help business leaders improve core products and services in a more cost-effective and less risky way. Alan Lewis and Dan McKone (2016)
2019-08-07 08:32:00 Wednesday ET
Our fintech finbuzz analytic report shines fresh light on the current global economic outlook. As of Summer-Fall 2019, the current analytic report focuses o
2018-08-27 09:35:00 Monday ET
President Trump and his Republican senators and supporters praise the recent economic revival of most American counties. The Economist highlights a trifecta
2018-08-13 12:39:00 Monday ET
White House chief economic adviser Larry Kudlow points out that the recent U.S. dollar strength shows a clear sign of investor confidence and optimism. Gree