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
2018-02-23 09:35:00 Friday ET
Warren Buffett releases his annual letter to Berkshire Hathaway shareholders as of February 2018. Buffett discusses Berkshire's core cash ambition, its
2018-10-07 13:39:00 Sunday ET
The U.S. greenback soars in value as the Federal Reserve continues its interest rate hike. With impressive service-sector data and non-farm payroll wage gro
2018-05-25 07:30:00 Friday ET
President Trump introduces $50 billion tariffs on Chinese products and new limits on Chinese high-tech investments in America. This new round of tariffs
2024-02-04 08:28:00 Sunday ET
Our proprietary alpha investment model outperforms most stock market indexes from 2017 to 2024. Our proprietary alpha investment model outperforms the ma
2020-02-19 14:35:00 Wednesday ET
The U.S. bank oligarchy has become bigger, more profitable, and more resistant to public regulation after the global financial crisis. Simon Johnson and