"LG's strategic decision to exit the incredibly competitive mobile phone sector will enable the company to focus resources in growth areas such as electric vehicle components, connected devices, smart homes, robotics, artificial intelligence and business-to-business solutions, as well as platforms and services," it said in a statement.
Tesla's electric car rivals in China are continuing to grow as smartphone maker Xiaomi announced Tuesday that it is jumping into the EV arena. The company said in a regulatory filing that it will invest $10 billion into its electric car business over the next 10 years as it sets up a wholly-owned subsidiary. Its initial investment into the car unit will equal 10 billion yuan, or about $1.52 billion, according to the filing. Xiaomi may invest up to 100 billion yuan into the electric vehicle business over the course of the next three years, taking external financing into account, with 60% contributed by the company and the remaining balance in raised funds, sources told Bloomberg before the company's announcement. At the helm of the smart electric vehicle business will be Xiaomi CEO Lei Jun.
The Government is set to pump another £30million into the development of electric cars in the UK, it has been revealed today. Pioneering research into battery technology, the electric vehicle supply chain and hydrogen cars will be backed by the substantial taxpayer funding. Investment minister Gerry Grimstone said: 'We have set an ambitious target to phase out the sale of new petrol and diesel cars by 2030. 'To support that it is crucial we invest in research so we can power ahead with the shift to electric vehicles as we build back greener from the pandemic.' Some £9.4million of the investment will be spent across 22 studies.
Plenty of Tesla owners (and people who hope to own Teslas one day) love their electric cars. But do they love them enough to pay for the car twice? CNBC points out a trend where multiple recent buyers who paid for their cars with direct debit payments say their bank accounts were charged twice. That's annoying when it happens with a movie ticket or a pair of shoes, but can be backbreaking if it's a $53,000 SUV. To make matters worse, while Tesla's zero-contact deliveries and remote service stations can make it convenient to get a car, it's apparently not so easy to contact someone who can work out a way to reverse the charges.
The world's first 3D-printed neighborhood is set for California that will feature 15 eco-friendly homes starting at $595,000. The $15 million project is planned for Rancho Mirage in Coachella Valley and is a collaboration of the real estate group Palari and Mighty Buildings, which expect to complete the neighborhood next year. Mighty Buildings will use its robotics and automation to construct homes, which the firm says can be completed with 95 percent less labor hours and 10 times less waste. Residents of the futuristic housing can move into a single-story home with three bedrooms and two baths or a smaller unit with two bedrooms and one bath. The world's first 3D-printed neighborhood is set for California that will feature 15 eco-friendly homes starting at $595,000.
The average robot density in the manufacturing industry hit a new global record of 113 units per 10,000 employees. By regions, Western Europe (225 units) and the Nordic European countries (204 units) have the most automated production, followed by North America (153 units) and South East Asia (119 units). The world s top 10 most automated countries are: Singapore (1), South Korea (2), Japan (3), Germany (4), Sweden (5), Denmark (6), Hong Kong (7), Chinese Taipei (8), USA (9) and Belgium and Luxemburg (10). This is according to the latest World Robotics statistics, issued by the International Federation of Robotics (IFR). "Robot density is the number of operational industrial robots relative to the number of workers," says Milton Guerry, President of the International Federation of Robotics.
Disappointed Tesla fans have spent the week waiting for an updated version of the electric car's advanced driver assistance system, Autopilot. Called "Full Self-Driving," or FSD, it's been available to a small, select group of Tesla owners since October, but CEO Elon Musk promised widespread access starting last week. Then he pushed out the wider release a few more days, and now it's the weekend and Tesla drivers are still waiting. Even if Tesla drivers don't have access to a more adept version of Autopilot that can autosteer, stop at stop signs, and accelerate on smaller city streets, the original automated assistance system is still available for anyone who bought the extra feature. While Tesla has offered Autopilot since 2014, competitors have cropped up, like General Motors' Super Cruise hands-free driver assistance feature in 2017.
Tesla Inc. Chief Executive Officer Elon Musk used an opportunity to speak to an audience in China to strenuously deny the electric carmaker would ever use a vehicle's technology for spying. Appearing on Saturday at the China Development Forum, a conference organized by a unit of the country's State Council, in a session titled: The Next Disruptive Innovation?, Musk said that if Tesla ever used its cars to spy in China, or anywhere, we would get "shut down everywhere." "If a commercial company did engage in spying, the negative effects to that company would be extremely bad," said Musk, who was beamed in remotely from America, where it was late in the evening. "For example, if Telsa used the cars to spy in China -- or anywhere, any country -- we will get shut down everywhere. So there's a very strong incentive for us to be very confidential with any information."
Six months after the Trump administration dealt a crushing blow to Huawei Technologies Co.'s smartphone business, the Chinese telecommunications giant is turning to less glamorous alternatives that may eventually offset the decline of its biggest revenue contributor. Among its newest customers is a fish farm in eastern China that's twice the size of New York's Central Park. The farm is covered with tens of thousands of solar panels outfitted with Huawei's inverters to shield its fish from excessive sunlight while generating power. About 370 miles to the west in coal-rich Shanxi province, wireless sensors and cameras deep beneath the earth monitor oxygen levels and potential machine malfunctions in mine pit -- all supplied by the tech titan. And next month, a shiny new electric car featuring its lidar sensor will debut at China's largest auto show.
There's been a lot of development activity around flying vehicles recently, but the Air Force wants a shortcut to an unmanned electric vertical takeoff and landing (eVTOL) concept for urban transport. Pairing emerging electric vehicle technology with an innovative rotary internal combustion engine to keep batteries charged and extend flight times. Urban Air Mobility (UAM) is a major focus of technology development among transportation firms, with ambitious projects to put test vehicles in the sky over major urban centers in the U.S. and Europe within the next few years. UAM combines state of the art propulsion and battery technologies with advances in robotics, machine vision, and AI. The result could be a fundamental rethinking of how we navigate in and around cities. The problem is that electric vehicle technology, while offering advantages like noise reduction, have severe power density limitations compared to combustion engines.