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.
2018-06-25 12:43:00 Monday ET
Apple and Samsung are the archrivals for the title of the world's top smart phone maker. The recent patent lawsuit settlement between Apple and Samsung
2019-09-05 09:26:00 Thursday ET
Yale macro economist Stephen Roach draws 3 major conclusions with respect to the Chinese long-run view of the current tech trade conflict with America. Firs
2018-09-30 14:34:00 Sunday ET
Goldman, JPMorgan, Bank of America, Credit Suisse, Morgan Stanley, and UBS face an antitrust lawsuit. In this lawsuit, a U.S. judge alleges the illegal cons
2024-05-05 10:31:00 Sunday ET
Stock Synopsis: Pharmaceutical post-pandemic patent development cycle In terms of stock market valuation, the major pharmaceutical sector remains at its
2019-03-11 10:32:00 Monday ET
Lyft seeks to go public with a dual-class stock ownership structure that allows the co-founders to retain significant influence over the rideshare tech unic
2018-03-17 09:35:00 Saturday ET
Facebook faces a major data breach by Cambridge Analytica that has harvested private information from more than 50 million Facebook users. In a Facebook pos