Mining vehicle manufacturer Kovatera opened a research and development facility in the community “to focus on the development of electric vehicle powertrain and autonomous vehicle systems, while others have planted roots in Aurora to expand manufacturing.\n“A huge priority for myself and council is working hard to ensure there’s ample industrial and office space in town to accommodate new businesses.\nNow, we know that this is important to both residents and businesses, and is part of our larger economic strategy.\nThis, said Mayor Mrakas, could result in “millions of dollars of lost revenue” necessary to maintain current service levels.\nOfficial plans that we have spent hundreds of thousands of taxpayer dollars developing, and importantly, reflects the vision of our residents and our businesses.
"}}}},{"node":{"postTitle":"📉 Lithium price drop could boost electric vehicle sales","slug":"lithium-price-drop-could-boost-electric-vehicle-sales","publishDate":"2023-03-04 14:06:10+00:00","createdLocal":"2023-03-05 14:31:01.272337","feedName":"Autonomous Vehicle News","postSummary":{"childMarkdownRemark":{"html":"The electric vehicle (EV) industry has been facing a challenge in recent years with the high cost of lithium, a critical component of EV batteries.\nHowever, the news of a 25 percent price drop in lithium by a Chinese lithium miner has brought hope to the EV industry, according to Bloomberg.\nWhy the price drop is optimistic news for EV makersThe price drop is due to a combination of increased supply and a shift in the market.\nLower lithium prices could lead to increased profitability for EV manufacturers, which could eventually translate into lower EV prices for consumers.\nThe drop in lithium prices is a promising sign that the industry is moving in the right direction.
"}}}},{"node":{"postTitle":"Newly published Ford patent would allow company to shut down key features if driver misses payments","slug":"newly-published-ford-patent-would-allow-company-to-shut-down-key-features-if-driver-misses-payments","publishDate":"2023-03-03 00:00:00","createdLocal":"2023-03-05 14:31:00.672425","feedName":"Autonomous Vehicle News","postSummary":{"childMarkdownRemark":{"html":"A prospective Ford technology would allow the company to remotely shut down features and otherwise lock down vehicles whose owners don’t make their car payments.\nThe repossession system computer for cars has yet to receive final approval for patent protection.\nRepossession computers could also be configured to connect with law enforcement and medical facilities, giving them the ability to stop some car features or shut down the vehicle as well.\nIn the patent, Ford classifies car features based on how necessary they are to drive the vehicle.\nMr. Van Alst further likened the remotely implemented technology to the Soviet doomsday device in the 1964 Stanley Kubrick movie “Dr.
"}}}},{"node":{"postTitle":"Mercedes brings first legal Level 3 self-driving system to Nevada","slug":"mercedes-brings-first-legal-level-3-self-driving-system-to-nevada","publishDate":"2023-03-04 00:00:00","createdLocal":"2023-03-05 14:31:00.411595","feedName":"Autonomous Vehicle News","postSummary":{"childMarkdownRemark":{"html":"Mercedes said Drive Pilot has met the requirements of Nevada Chapter 482A for Autonomous Vehicles, and it hopes to make the system available in California later this year.\nDrive Pilot will work on the freeway in high-traffic situations at speeds up to 40 mph.\nThis map is provided and constantly updated by a backend connection, and the data from other Drive Pilot vehicles updates it.\nMercedes says Drive Pilot gives time back to its drivers.\nMercedes has not provided a price for Drive Pilot.
"}}}},{"node":{"postTitle":"Ford Files Patent to Remotely Repossess Vehicles","slug":"ford-files-patent-to-remotely-repossess-vehicles","publishDate":"2023-03-04 05:10:00+00:00","createdLocal":"2023-03-05 14:30:58.496220","feedName":"Autonomous Vehicle News","postSummary":{"childMarkdownRemark":{"html":"If Ford secures a patent it applied for in August 2021 for \"vehicle repossession\" technology, owners who miss payments could find themselves unable to use important features or even locked out of their cars altogether.\nThe patent also outlines how autonomous or semi-autonomous cars could repossess themselves if not in a garage by driving to a nearby location to avoid confrontations between the repossessors and owners.\nThe Drive notes that while Ford may not be planning to develop its patent soon, the idea of your car driving itself away because you missed payment(s) is unsettling.\nFord is the only automaker to attempt to patent something like this, but it's unlikely to be the last.\nFor now, though, Ford's patent is just a proposal to simplify repossession.
"}}}},{"node":{"postTitle":"Morgan Stanley Reiterates Overweight Rating on Apple Stock, Names It a Top Pick","slug":"morgan-stanley-reiterates-overweight-rating-on-apple-stock-names-it-a-top-pick","publishDate":"2023-03-04 10:36:14-05:00","createdLocal":"2023-03-05 14:30:57.592020","feedName":"Autonomous Vehicle News","postSummary":{"childMarkdownRemark":{"html":"Reiteration of Overweight Rating and Top Pick StatusGiven these factors, Huberty reiterated her Overweight rating on Apple stock and named it a top pick.\nAAPL Stock Up 3.51% in Last Trading SessionDuring the last trading session, Apple Inc. (NASDAQ: AAPL) traded at USD151.03.\nAAPL’s Market Cap and Shares OutstandingAAPL has a market capitalization of 2,389,587,578,886, and there are currently 15,821,950,000 shares outstanding.\nAAPL’s Recent PerformanceOver the past year, AAPL’s stock price has been relatively volatile, experiencing highs and lows.\nHowever, as with any investment, investors should consider the risks associated with AAPL’s Stock and make an informed decision based on their financial goals and risk tolerance.
"}}}},{"node":{"postTitle":"AAA Northeast: Fear of self-driving cars is on the rise","slug":"aaa-northeast-fear-of-self-driving-cars-is-on-the-rise","publishDate":"2023-03-04 20:22:38+00:00","createdLocal":"2023-03-05 14:30:56.974049","feedName":"Autonomous Vehicle News","postSummary":{"childMarkdownRemark":{"html":"AAA Northeast: Fear of self-driving cars is on the riseThis is a file photo of cars on the highway.\n(WLNE)PROVIDENCE, R.I. (WLNE) — AAA Northeast released a report that suggests drivers in the U.S. are growing increasingly wary of automated driving technology.\nAAA submits an automated vehicle survey each year to gauge the public’s interests or concerns with the latest car tech.\nDiana Gugliotta, director of public affairs for AAA Northeast said they weren’t expecting such a drastic rise but aren’t surprised by the statistics.\nThe group said this perception could come from misleading or confusing names of vehicle systems on the market.
"}}}},{"node":{"postTitle":"World-Record eVTOL Is 1.5 Miles Closer to Getting Certified for Commercial Service","slug":"world-record-evtol-is-1-5-miles-closer-to-getting-certified-for-commercial-service","publishDate":"2023-03-04 22:00:01+00:00","createdLocal":"2023-03-05 14:30:55.433799","feedName":"Autonomous Vehicle News","postSummary":{"childMarkdownRemark":{"html":"Photo: AutoFlightPhoto: AutoFlightPhoto: AutoFlightPhoto: AutoFlightAutoFlight is one of the early promoters of the aerial solution for future mobility.\nThe company's first air taxi concept was built in 2021 and announced in January of last year.The crewless test flight took place at the aviation enterprise proving grounds, taking the vehicle on a predefined course.\nIt also demonstrated the viability of the Gen 4 variation of the Prosperity I eVTOL.\nThe second video (shot twelve months before the record flight) details how this change of phases is achieved and why it is a critical aspect of eVTOL design and construction.\nThe all-important document – issued by the European Union Aviation Safety Agency - will allow the introduction of Prosperity I in regular service.
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