A vendor of industrial driving solutions has received an order for 100 of its AI-powered autonomous electric forklifts, according to Menlo Park, California-based Cyngn Inc.\nDeliveries are targeted to begin in 2024 to Arauco, a wood products supplier that had over $7 billion in revenue in 2022.\nThe dollar value of the deal was not disclosed, but Cyngn said that while the initial pre-order of 100 autonomous electric forklifts refers to only a small portion of Arauco's existing fleet, it represents a meaningful initial annual recurring revenue deployment for Cyngn.\nThe firm said that new revenue could cover up to approximately 20% of its current monthly cash burn, demonstrating the potential for growth and expansion.\nThe forklift manufacturer was also not disclosed, but Cyngn’s press release showed photographs of autonomous lift trucks from the Chinese electric vehicle manufacturer BYD.
"}}}},{"node":{"postTitle":"The Challenges and Opportunities for Automation in the Construction Equipment Industry","slug":"the-challenges-and-opportunities-for-automation-in-the-construction-equipment-industry","publishDate":"2023-08-08 11:29:18+00:00","createdLocal":"2023-08-09 14:30:37.878152","feedName":"Autonomous Trucks","postSummary":{"childMarkdownRemark":{"html":"The construction equipment industry is facing the challenges of embracing autonomous operation.\nCaterpillar continued to pioneer autonomous technology and focused on developing the building blocks needed for automation, such as improved GPS and on-board monitoring systems.\nThe construction sector presents unique engineering challenges for autonomous vehicles, including user skepticism and developing artificial intelligence that can handle unforeseen situations.\nThe construction sector has diverse vehicles with different roles, making automation prospects challenging to generalize.\nWhile significant progress has been made in autonomous technology for construction equipment, widespread adoption across the sector remains uncertain.
"}}}},{"node":{"postTitle":"No Violations on 81% of CMVs in International Roadcheck","slug":"no-violations-on-81-of-cmvs-in-international-roadcheck","publishDate":"2023-08-08 11:16:54-04:00","createdLocal":"2023-08-09 14:30:37.435011","feedName":"Autonomous Trucks","postSummary":{"childMarkdownRemark":{"html":"View more results: https://t.co/lFnWdZIobW pic.twitter.com/nfQKYvufyg — CVSA (@CVSA) August 3, 2023Overall, 116,669 violations were identified throughout the effort, which included all driver and vehicle out-of-service violations, and violations that did not merit an out-of-service determination, combined.\nThere were 2,975 cargo securement violations and 4,127 ABS violations — of those only four were discovered on motorcoaches, 1,426 on power units and 2,697 on trailers.\nA total of 949 safety belt violations were issued during this year’s event, totaling 1.6% of commercial motor vehicle drivers inspected who were issued violations.\nDuring International Roadcheck, 2,853 hm/dg inspections were performed, and inspectors discovered only 236 hm/dg-related out-of-service violations.\nThe top vehicle out-of-service violation was for brake systems, the top driver out-of-service violation was hours of service, and the top hazardous materials out-of-service violation was for loading.
"}}}},{"node":{"postTitle":"Cascadia With a Digital Dash","slug":"cascadia-with-a-digital-dash","publishDate":"2023-08-09 17:03:18+10:00","createdLocal":"2023-08-09 14:30:36.742331","feedName":"Autonomous Trucks","postSummary":{"childMarkdownRemark":{"html":"For someone without much familiarity with the Freightliner Cascadia 126 36, or any Cascadia with a digital dash, a driver simply has to fold down the sun visor and take a shot with their phone of the QR code placed there, this sends them to a series of instructional videos on all of the control systems in the truck.\nThe LCD screen is set in the middle of the dash.\nThis version of the Cascadia is fitted with the all digital dash.\nAll of the early models of the Cascadia came into the country with the old fashioned analog dash, which still included the information screen in front of the driver.\nOf course, they are all digital, but it’s a matter of perception, for many.
"}}}},{"node":{"postTitle":"Cyngn Receives Order for 100 AI-Powered Autonomous Electric Forklifts","slug":"cyngn-receives-order-for-100-ai-powered-autonomous-electric-forklifts","publishDate":"2023-08-08 20:14:15+00:00","createdLocal":"2023-08-09 14:30:34.456998","feedName":"Autonomous Trucks","postSummary":{"childMarkdownRemark":{"html":"A vendor of industrial driving solutions, Cyngn Inc., has received an order for 100 of its AI-powered autonomous electric forklifts.\nThe deliveries are expected to begin in 2024 for Arauco, a wood products supplier.\nCyngn creates autonomous forklifts by equipping new industrial vehicles with its DriveMod Kit or retrofitting them with the kit.\nWhile the forklift manufacturer is not disclosed, photographs of autonomous lift trucks from the Chinese electric vehicle manufacturer BYD were featured in Cyngn’s press release.\nThis order marks a significant step forward for Cyngn, potentially covering up to 20% of its current monthly cash burn and demonstrating the potential for growth and expansion in the autonomous forklift market.
"}}}},{"node":{"postTitle":"Driverless car companies seek expansion in SF despite worries tech lacks safety guard rails","slug":"driverless-car-companies-seek-expansion-in-sf-despite-worries-tech-lacks-safety-guard-rails","publishDate":"None","createdLocal":"2023-08-09 14:30:33.780630","feedName":"Autonomous Trucks","postSummary":{"childMarkdownRemark":{"html":""}}}},{"node":{"postTitle":"China’s heavy-duty truck industry: The road ahead","slug":"chinas-heavy-duty-truck-industry-the-road-ahead","publishDate":"None","createdLocal":"2023-08-09 14:30:32.856603","feedName":"Autonomous Trucks","postSummary":{"childMarkdownRemark":{"html":"Over the past decade, China has experienced an infrastructure boom and mushrooming demand for road transportation, leading to rapid growth of the heavy-duty-truck (HDT) market.\n1As of 2022, the top five participants in China’s HDT market held more than 80 percent of the market—and the industry is becoming more concentrated.\nAutonomous drivingAs more use cases are identified, automation, particularly high-level autonomous driving, may see quicker adoption across the HDT industry.\nAutonomous driving could boost drivers’ quality of life by reducing the mental load of driving.\nAutonomous trucks are not constrained by a driver’s hours of service and can reach higher utilization rates as a result.
"}}}},{"node":{"postTitle":"Heavy Duty Trucks Market to reach USD 541.90 Bn by 2029, emerging at a CAGR of 5.1 percent and forecast 2023-2029","slug":"heavy-duty-trucks-market-to-reach-usd-541-90-bn-by-2029-emerging-at-a-cagr-of-5-1-percent-and-forecast-2023-2029","publishDate":"2023-08-09 07:30:32","createdLocal":"2023-08-09 14:30:31.937726","feedName":"Autonomous Trucks","postSummary":{"childMarkdownRemark":{"html":"Heavy Duty Trucks Market to reach USD 541.90 Bn by 2029, emerging at a CAGR of 5.1 percent and forecast 2023-2029Heavy Duty Trucks Markethttps://www.maximizemarketresearch.com/request-sample/12169https://www.maximizemarketresearch.com/request-sample/12169https://www.maximizemarketresearch.com/request-customization/12169https://www.maximizemarketresearch.com/market-report/global-integrated-vehicle-health-management-market/31750/https://www.maximizemarketresearch.com/market-report/global-body-composition-analyzers-market/31027/https://www.maximizemarketresearch.com/market-report/global-reverse-shoulder-anthroplasty-market/94590/https://www.maximizemarketresearch.com/market-report/global-tracheostomy-tubes-market/55914/https://www.maximizemarketresearch.com/market-report/global-adhesion-barrier-device-market/10968/https://www.maximizemarketresearch.com/market-report/global-veterinary-endoscopy-market/10786/https://www.maximizemarketresearch.com/market-report/global-holter-monitoring-systems-market/106032/https://www.maximizemarketresearch.com/market-report/global-emergency-medical-service-ems-products-market/1442/https://www.maximizemarketresearch.com/market-report/global-plastic-surgery-instrument-market/8577/https://www.maximizemarketresearch.com/market-report/global-metallized-film-market/31918/https://www.maximizemarketresearch.com/market-report/global-laboratory-equipment-services-market/21604/https://www.maximizemarketresearch.com/market-report/armor-materials-market/2781/https://www.maximizemarketresearch.com/market-report/global-aquatic-herbicides-market/70849/https://www.maximizemarketresearch.com/market-report/global-bio-decontamination-market/31536/https://www.maximizemarketresearch.com/market-report/global-haptic-interface-market/54602/https://www.maximizemarketresearch.comHeavy Duty Trucks Market Report Scope:The comprehensive report delves into the Heavy Duty Trucks Market, exploring its dynamics, drivers, and challenges.\nThe transition to electric and hybrid trucks, driven by strict emission norms, is expected to reshape the market landscape.\nThe influence of the beef sector and growing demand for refrigerated trucks are significant contributors to market expansion.Request a Free Sample Copy or View Report Summary:What is Heavy Duty Trucks Market Segmentation:by Vehicle Type1.\nAgriculture10 defenseRequest For Customization Report:Who are Heavy Duty Trucks Market Key Players:1.\nLTD.⮝ 444 West Lake Street, Floor 17,Chicago, IL, 60606, USA.✆ +1 800 507 4489✆ +91 9607365656🖂 sales@maximizemarketresearch.comAbout Maximize Market Research:Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally.
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