The US electric car market rose to just above 1% of the broader car market in December 2016. Going from 0.01% to 1% market penetration takes 7 doublings. The same applies to 1% going to a 100%. GM’s EV1 was released in 1996 and it took us 20 years to get to 1% (or roughly …
Strategy Analytics has predicted the potential economic impact of the Passenger Economy once fully autonomous pilotless vehicles begin to proliferate globally in 2035 and by 2050, the base year of our scenarios, account for nearly 50 percent of all vehicles sold. The study predicts an explosive economic trajectory growing from $800 billion in 2035 to …
Morgan Stanley analysts Brian Nowak and Adam Jonas say Alphabets Waymo self-driving car unit could be worth $70 billion. Waymo could be a good spin out candidate and that its value is not being taken into account in Alphabet’s current stock price. They do not believe Waymo or any of the ‘Other Bets’ are currently …
1. Waymo, the self-driving car company owned by Google’s parent Alphabet and Lyft are teaming up to road test autonomous cars in a potential challenge to Uber Technologies. In its statement, Lyft said Waymo holds ‘‘today’s best self-driving technology.’’ The two plan to work together to bring autonomous vehicles into the mainstream with pilot projects …
Rethinkx has a new report Rethinking Transportation 2020-2030: The Disruption of Transportation and the Collapse of the ICE Vehicle and Oil Industries. By 2030, 95% of U.S. car miles traveled will be in self–‐driving, electric, shared vehicles. Nextbigfuture has discussed similar concepts in prior articles. Rethinkx has put together a comprehensive report and analysis. Nextbigfuture …
Amazon, which currently charges a $99 annual fee for two-day deliveries under its “Prime” service, will eventually offer two-tier pricing for delivery services, Jindel said. One will be a “Gold Prime” membership costing $199 to $249 a year that covers next-day deliveries, the other a platinum membership for $399 a year that includes same-day deliveries. …
Uber is suspending its self-driving car program after one of its autonomous vehicles was involved in a high-impact crash in Tempe, Arizona, the latest incident for a company reeling from multiple crises. one of Uber’s Volvo self-driving SUVs is pictured on its side next to another car with dents and smashed windows. An Uber spokeswoman …
European researchers have created a cheaper and more efficient superconducting tape which could one day be used to double the potency of wind turbines. The Eurotapes research project addressed two broad objectives: 1.- The integration of the latest developments into simple conductor architectures for low and medium cost applications and delivery of +500 meter tapes …
Chip making giant Intel is purchasing Israeli-based sensor company Mobileye in a $15.3 billion deal. The two companies made the announcement early Monday, after Israeli business news publication, The Marker first broke the news. Intel is offering $63.54 per share in cash, valuing Mobileye at about $15.3 billion on a fully-diluted basis, and $14.7 billion …
Speaking at the Aspen Abu Dhabi Ideas Forum, Dr Brad Perkins, chief medical officer, Human Longevity, said: “Right now the most daunting and expensive human health problem that the world is facing is age related chronic disease. Our hypothesis at Human Longevity is that genomics and the technologies that support its application in medicine and …
For the past several years, researchers at the University of Illinois at Urbana-Champaign have been developing a class of walking “bio-bots” powered by muscle cells and controlled with electrical and optical pulses. Now, Bioengineering Professor Rashid Bashir’s research group is sharing the recipe for the current generation of bio-bots. Their how-to paper is the cover …