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.
2019-05-30 16:44:00 Thursday ET
AYA Analytica finbuzz podcast channel on YouTube May 2019 In this podcast, we discuss several topical issues as of May 2019: (1) Our proprietary alp
2019-12-16 11:37:00 Monday ET
America and China cannot decouple decades of long-term collaboration in trade, finance, and technology. In recent times, some economists claim that China ma
2018-03-15 07:41:00 Thursday ET
The Trump administration's $1.5 trillion hefty tax cuts and $1 trillion infrastructure expenditures may speed up the Federal Reserve interest rate hike
2019-08-20 07:33:00 Tuesday ET
The recent British pound depreciation is a big Brexit barometer. Britain appoints former London mayor and Foreign Secretary Boris Johnson as the prime minis
2019-08-16 17:37:00 Friday ET
Amazon faces E.U. antitrust scrutiny over the current e-commerce use of merchant data. The European Commission probes into whether Amazon uses key third-par
2017-05-31 06:36:00 Wednesday ET
The Federal Reserve rubber-stamps the positive conclusion that all of the 34 major banks pass their annual CCAR macro stress tests for the first time since