[Vueron Newsletter Vol.91] #Lidwave #GM #Aurora

1. Lidar chip startup Lidwave closes $10M investment

• Lidwave Ltd. raised $10 million in seed funding to enhance its lidar chip technology, led by Jumpspeed Ventures and Next Gear with participation from other investors including a Swedish truck maker.
• Lidwave’s lidar sensor is an integrated chip that works in adverse weather conditions (rain, fog, snow) and is easier to maintain and cheaper to manufacture than traditional systems.
• The chip integrates light generation, detection, and amplification into a single piece of silicon, removing the need for complex calibration and reducing temperature sensitivity and maintenance.
• Lidwave’s Odem lidar sensor can detect objects over 900 feet with a refresh rate of up to 30 frames per second, improving the accuracy of collision avoidance algorithms in autonomous systems.
• The funds will be used for technology development and go-to-market strategies.

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Lidwave Ltd. raised $10 million in seed funding to advance its integrated lidar chip technology, which operates in adverse weather, reduces maintenance, and lowers production costs for autonomous systems.

2. GM is Developing a Hands-Off, Eyes-Off Driving System

• GM is working to develop a Level 3 (L3) hands-off, eyes-off driving system, advancing from its current Super Cruise (Level 2) system.
• L3 systems, unlike fully autonomous cars, allow vehicles to drive on highways at reduced speeds without driver attention but still require drivers to take control if necessary.
• GM’s Super Cruise currently uses a combination of GPS, lidar, cameras, and radar to automate steering, lane keeping, and lane changes while ensuring driver attention.
• By 2025, Super Cruise will be available on 750,000 miles of roads in the U.S. and Canada.
• Dave Richardson, GM's Senior VP, says achieving L3 capability will be a significant milestone and could be a "game changer" in the automotive industry.

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GM is developing a Level 3 hands-off, eyes-off driving system to expand its Super Cruise technology, aiming for a significant industry advancement by 2025.

3. Aurora on the ‘why, how, and when’ of autonomous trucking

• Aurora Industries aims to bring fully autonomous trucks to public roads by the end of this year, prioritizing safety and developing systems to address the driver shortage and improve road safety.
• The Aurora Driver system uses a combination of LiDAR, cameras, and AI, with simulations to handle rare accidents and improve system reliability through data collection.
• Aurora's testing is primarily done on I-45 between Dallas and Houston, with 80% of the driving being fully autonomous, aiming for a driverless route from Fort Worth to Phoenix by the end of 2025.
• Aurora’s sustainability research suggests autonomous trucks could be 13-32% more fuel efficient than conventional trucks, with further sustainability improvements expected through eco-driving modes and next-gen powertrains by the 2030s.
• The company’s long-term goals include expanding autonomous operations beyond the Sun Belt region by 2030 to handle new terrains and weather conditions.

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Aurora Industries is advancing autonomous trucks, aiming for a driverless route by 2025 and predicting up to 32% better fuel efficiency, with a focus on safety and sustainability.

4. HL Holdings's HL Robotics Acquires "Stanley Robotics"

• HL Robotics, a subsidiary of HL Holdings, is set to acquire Stanley Robotics, the first company to commercialize outdoor valet parking robots, with the deal expected to finalize by year-end.
• The acquisition positions HL Robotics to capture a growing autonomous parking market worth USD 6.7 billion by 2030, driven by urbanization and space shortages.
• Stanley Robotics' flagship product, "Stan," an autonomous valet parking robot, is commercially successful in Europe and North America, with significant potential for expansion.
• The company's Fleet Management System (FMS) enhances Stan's efficiency, utilizing digital twin technology for real-time monitoring and automatic charging capabilities.
• HL Robotics aims to lead the global parking robot market and further expand its robotic solutions portfolio for everyday consumers.

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By acquiring Stanley Robotics, HL Robotics positions itself to dominate the growing autonomous parking robot sector, valued at USD 6.7 billion by 2030.

5. TIER IV and Hitachi Astemo join hands on autonomous driving systems: Introducing SOAFEE-compliant SDV architecture

• TIER IV and Hitachi Astemo have launched a joint initiative to advance autonomous driving systems and software-defined vehicles (SDVs).
• The collaboration focuses on leveraging Autoware, an open-source autonomous driving software, and aligns with industry initiatives like AWF and SOAFEE.
• Hitachi Astemo, positioned as a Tier 0.5 supplier, is developing a reference system, IoV PF, and a cloud-native software architecture to improve development efficiency, product quality, and speed to market.
• TIER IV is enhancing its Open AD Kit and plans to integrate cloud-native environments and SOAFEE-compliant SDV architecture to accelerate autonomous driving system development.
• TIER IV is also leading the Co-MLOps project to create a global cooperative machine learning and edge AI framework for autonomous driving systems.
• This joint effort aims to deliver autonomous driving solutions for mass production vehicles, shaping the future of the automotive industry.

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TIER IV and Hitachi Astemo are collaborating on autonomous driving systems, integrating Autoware and cloud-native architecture to accelerate next-generation vehicle solutions.

Contents above are the opinion of ChatGPT, not an individual or the company