Shares of VinFast, the Vietnamese-founded electric vehicle (EV) company headquartered in Singapore, soared in trading in their Nasdaq debut and Benher Gracio, business fundamentals analyst at GlobalData, said: “VinFast’s robust entry into the Nasdaq trading arena comes as no shock, considering its solid business fundamentals and the optimistic global trajectory of electric vehicles.\n“With an impressive one year timeline, the company takes pride in its extensively automated manufacturing plant.\nIt initiated electric vehicle production in 2021, just four years after the facility’s inception, and within another year, the first EV shipment marked the commencement of returns on its substantial US$8.2 billion investment.\nIt has established trade agreements with US, Canada and EU, which are forecast for a strong double digit grow through much of this decade and beyond.”The company has four EV models – the same as Tesla and aims to flood markets with more models.\nIts business combination with Black Spade Acquisition (BSAQ) will only accelerate its ambition, expanding its scope of raising even more capital.
"}}}},{"node":{"postTitle":"Autonomous cars cause traffic jam in San Francisco","slug":"autonomous-cars-cause-traffic-jam-in-san-francisco","publishDate":"2023-08-17 01:00:00+00:00","createdLocal":"2023-08-17 14:31:05.913590","feedName":"Autonomous Vehicle News","postSummary":{"childMarkdownRemark":{"html":"“At the end of the day, the five members of California's Public Utilities Commission are appointed directly by the Governor of the State of California, and I think Gavin Newsom needs to do something about this before somebody gets killed”.
"}}}},{"node":{"postTitle":"Trust Stamp launches biometric facial image quality assessment API","slug":"trust-stamp-launches-biometric-facial-image-quality-assessment-api","publishDate":"2023-08-16 22:58:36+00:00","createdLocal":"2023-08-17 14:31:05.463790","feedName":"Image Recognition","postSummary":{"childMarkdownRemark":{"html":"Trust Stamp has published a white paper playing up its facial attribute and image quality assessment API, which the vendor says and be integrated with “any” relevant facial recognition, presentation attack detection or age verification apps.\nA new international standard for facial image quality is currently under development by an ISO/IEC working group.\nFocusing on face metrics in individual facial images can be computationally simpler than categorizing images by image quality – blurriness, for example, according to the white paper.\nThe company refers to the suite of tools as “FAIQA” (for “facial attribute and image quality assessment”).\nArticle TopicsAPI | biometric data quality | biometrics | biometrics research | face biometrics | face photo | Trust Stamp
"}}}},{"node":{"postTitle":"Global light vehicle market sees moderate growth in July","slug":"global-light-vehicle-market-sees-moderate-growth-in-july","publishDate":"2023-08-16 14:25:01+00:00","createdLocal":"2023-08-17 14:31:05.140969","feedName":"Connected Car","postSummary":{"childMarkdownRemark":{"html":"SummaryThe Global Light Vehicle (LV) selling rate rose for the fifth consecutive month in July, reaching 95 million units/year from a revised figure of 94 million units/year in June.\nDespite continued year-on-year (YoY) growth, global LV sales for July recorded a moderate 5.5% YoY increase following a run of stronger growth over previous months.\nCommentaryNorth AmericaThe US Light Vehicle market continued to show strong levels in July, as sales increased by 14.7% YoY, achieving 1.3 million units.\nThe July selling rate was 1.6 million units/year, down nearly 13% from a strong 1.8 million units/year in June.\nThe selling rate also increased dramatically, from 2.1 million units/year in June to 2.5 million units/year in July.
"}}}},{"node":{"postTitle":"Inside Clearview, one of tech’s most controversial firms","slug":"inside-clearview-one-of-techs-most-controversial-firms","publishDate":"None","createdLocal":"2023-08-17 14:31:04.900094","feedName":"Image Recognition","postSummary":{"childMarkdownRemark":{"html":"Hoan Ton-That, 35: “The algorithm learns what stays the same over time.\nDo that with enough examples and it can learn, when it sees a new face it has never seen before”In a light-filled apartment on the Upper West Side, Manhattan, Hoan Ton-That, the glossy-haired founder of controversial facial recognition company Clearview AI, shows me a photograph of myself, from 2017, on his laptop.\nAll that is visible is one eye and the tip of my nose — the merest sliver of side profile.\nBut Ton-That’s technology knows who I am and where I was six years ago.\nThis is one of hundreds of images excavated by Clearview AI after Ton-That took a photograph of me and put the image into his system.
"}}}},{"node":{"postTitle":"Nio to produce own autonomous driving chips in 1-2 years, says company executive","slug":"nio-to-produce-own-autonomous-driving-chips-in-1-2-years-says-company-executive","publishDate":"None","createdLocal":"2023-08-17 14:31:04.369921","feedName":"Autonomous Vehicle News","postSummary":{"childMarkdownRemark":{"html":"Save my User ID and PasswordSome subscribers prefer to save their log-in information so they do not have to enter their User ID and Password each time they visit the site.\nTo activate this function, check the 'Save my User ID and Password' box in the log-in section.\nThis will save the password on the computer you're using to access the site.\nNote: If you choose to use the log-out feature, you will lose your saved information.\nThis means you will be required to log-in the next time you visit our site.
"}}}},{"node":{"postTitle":"Passengers can utilize facial recognition technology at the Des Moines International Airport","slug":"passengers-can-utilize-facial-recognition-technology-at-the-des-moines-international-airport","publishDate":"2023-08-17 00:16:00+00:00","createdLocal":"2023-08-17 14:31:03.543070","feedName":"Image Recognition","postSummary":{"childMarkdownRemark":{"html":"DES MOINES IS ONE OF ABOUT TWO DOZEN AIRPORTS ACROSS THE COUNTRY THAT HAVE THIS NEW TECHNOLOGY.\nTHE ONE IN CEDAR RAPIDS IS ALSO USING THESE MACHINES AT THE DES MOINES INTERNATIONAL AIRPORT.\nAND PASSENGERS CAN STILL OPT OUT AND BE SCREENED MANUALLYAdvertisement Passengers can utilize facial recognition technology at the Des Moines International Airport Des Moines is one of about two dozen airports across the country that uses this machine.\nShare Copy Link CopyThere is new technology in the Transportation Security Administration line at the Des Moines International Airport.\nDes Moines is not the only airport in Iowa with this technology, CAT2 is also at the Eastern Iowa Airport in Cedar Rapids.
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