The StreetWise consortium, headed by UK artificial intelligence (AI) and machine learning (ML), start-up has been awarded US$16.4 million (£12.8 million) in grant support for its US$29.5 million (£23 million) project. Awarded as part of the UK government’s Centre for Connected and Autonomous Vehicles CAV2 competition, the grant will enable the consortium to develop and demonstrate autonomous transport in London, with the aim of launching a supervised trial of an autonomous vehicle fleet in the third quarter
Congestion on US Interstate highways added over US $9.2 billion in operational costs to the trucking industry in 2013, according to research released by the American Transportation Research Institute (ATRI). ATRI, the trucking industry’s not-for-profit research institute, utilised motor carrier financial data along with billions of anonymous truck GPS data points to calculate congestion delays and costs on each mile of Interstate roadway. Delay totalled over 141 million hours of lost productivity, which equ
Get it right and the rewards could be there. Thomas Ableman looks at how transport in the UK – and beyond – might be transformed by artificial intelligence…
Fiat Chrysler Automobiles (FCA) has suggested a merger with Renault which it believes would make the combined company a ‘world leader’ in new mobility technologies.
The proposal stems from discussions between both companies to identify products and geographies in which they could collaborate.
FCA says the case for combination is strengthened by the need to take bold decisions to capture opportunities such as connectivity, electrification and autonomous vehicles (AVs).
The combined business is expected
