Autonomous Vehicles: The Future of Transportation

Autonomous Vehicles: The Future of Transportation

Summary

The recent surge in inventory of autonomous vehicle (AV) technology signals a slower path to widespread adoption. Mobileye, a leading manufacturer of self-driving technology, reported an excess of inventory due to disrupted supply chains caused by the COVID-19 pandemic. The stockpiling of Mobileye’s EyeQ SoCs, used in real-time visual recognition for self-driving cars, is an attempt by automakers to stay prepared for increasing demand and evolving technological advancements.… Read the rest

California Lawmaker Proposes Stricter Regulations for Robotaxis

California Lawmaker Proposes Stricter Regulations for Robotaxis

Assemblymember Phil Ting is preparing legislation that would introduce more stringent regulations for the robotaxi industry in California. The proposed legislation aims to treat robotaxis the same as human-operated vehicles when it comes to speeding or committing other moving violations. Ting’s decision to push for this change in existing laws was prompted by the issues that arose due to robotaxi expansion in San Francisco.… Read the rest

Oregon Provides $136 Million in State Funding for Semiconductor Manufacturers Expanding Operations

Oregon Provides $136 Million in State Funding for Semiconductor Manufacturers Expanding Operations

The state of Oregon has recently finalized contracts to provide $136 million in state funding to semiconductor manufacturers seeking to expand their operations in the state. Intel, Microchip Technology, and HP Inc. have been announced as the initial recipients of this funding, with a dozen other companies still in negotiations for their share of the $240 million that was approved by lawmakers last year.… Read the rest

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