According to the report, the global automotive V2X industry garnered $2.56 billion in 2019, and is projected to generate $11.71 billion by 2027, manifesting a CAGR of 28.4% from 2020 to 2027.\nAbout UsAllied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon.\nAllied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of \"Market Research Reports\" and \"Business Intelligence Solutions.\"\nPawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights.\nContact:David Correa5933 NE Win Sivers Drive#205, Portland, OR 97220United StatesUSA/Canada (Toll Free):+1-800-792-5285, +1-503-894-6022, +1-503-446-1141UK: +44-845-528-1300Hong Kong: +852-301-84916India (Pune): +91-20-66346060Fax: +1(855)550-5975[email protected]Web: www.alliedmarketresearch.comAllied Market Research Blog: https://blog.alliedmarketresearch.comFollow Us on | Facebook | Twitter | LinkedIn |SOURCE Allied Market Research
"}}}},{"node":{"postTitle":"Driverless taxis start operating in China","slug":"driverless-taxis-start-operating-in-china","publishDate":"2021-05-02 16:28:15+03:00","createdLocal":"2021-05-16 14:31:17.514743","feedName":"Autonomous Vehicle News","postSummary":{"childMarkdownRemark":{"html":"The activity uses 149.6 terawatt-hours per year, according to the Cambridge Bitcoin Energy Consumption Index (CBECI).\nEnter flared natural gas.\nCBECI estimates the average global power cost for bitcoin mining is about $0.05 per kilowatt hour.\nLohstroh said natural gas power can bring the kilowatt hour cost to below $0.018.\nInterest has grown in diverting flared gas to cryptocurrency mining, and not just because the digital assets are growing in value.
"}}}},{"node":{"postTitle":"Warehouses to go white collar with forklifts operated remotely","slug":"warehouses-to-go-white-collar-with-forklifts-operated-remotely","publishDate":"2021-05-16 00:00:00","createdLocal":"2021-05-16 14:31:15.495468","feedName":"Autonomous Vehicle News","postSummary":{"childMarkdownRemark":{"html":"Phantom Auto, a California-based startup focusing on remote vehicle operation, has struck a deal to provide logistics equipment heavyweight Mitsubishi Logisnext Co. with software that enables forklifts to be operated remotely from thousands of miles away.\nA unit of Mitsubishi Heavy Industries, Kyoto-based Mitsubishi Logisnext is the third-biggest company in the $45 billion-plus global market for forklifts.\n\"We're moving warehouse workers into office jobs,\" Elliot Katz, Phantom Auto co-founder and chief business officer, said in an interview.\nDeloitte estimates that as many as 2.1 million manufacturing jobs will go unfilled through 2030.\nTo date, Phantom Auto has poured about $20 million into its teleoperation technologies, he said.
"}}}},{"node":{"postTitle":"Warehouses to go white collar with forklifts operated remotely","slug":"warehouses-to-go-white-collar-with-forklifts-operated-remotely","publishDate":"2021-05-16 00:00:00","createdLocal":"2021-05-16 14:31:14.775716","feedName":"Autonomous Vehicle News","postSummary":{"childMarkdownRemark":{"html":"Phantom Auto, a California-based startup focusing on remote vehicle operation, has struck a deal to provide logistics equipment heavyweight Mitsubishi Logisnext Co. with software that enables forklifts to be operated remotely from thousands of miles away.\nA unit of Mitsubishi Heavy Industries, Kyoto-based Mitsubishi Logisnext is the third-biggest company in the $45 billion-plus global market for forklifts.\n\"We're moving warehouse workers into office jobs,\" Elliot Katz, Phantom Auto co-founder and chief business officer, said in an interview.\nDeloitte estimates that as many as 2.1 million manufacturing jobs will go unfilled through 2030.\nTo date, Phantom Auto has poured about $20 million into its teleoperation technologies, he said.
"}}}},{"node":{"postTitle":"AlixPartners sees loss of 3.9 million vehicles in 2021 due to chip shortage.","slug":"alixpartners-sees-loss-of-3-9-million-vehicles-in-2021-due-to-chip-shortage","publishDate":"2021-05-14 00:00:00","createdLocal":"2021-05-16 14:31:14.059049","feedName":"Autonomous Vehicle News","postSummary":{"childMarkdownRemark":{"html":"In its report on Friday, AlixPartners (consulting firm) said the global automotive industry is expected to take a $110 billion (£78 billion) hit to revenue this year due to the ongoing semiconductor chip shortage.\nThe forecast in January had expected global production to be slashed by 2.2 million vehicles due to the chip shortage.\nThe updated estimate, however, sees a loss of 3.9 million vehicles in 2021.\nIn recent announcements, Ford Motor and General Motors have estimated a $2.5 billion and a $1.5 billion hit, respectively, to full-year earnings due to the chip shortage.\nThe chip shortage originated because of the Coronavirus pandemic that pushed car makers into temporarily shutting down their production facilities.
"}}}},{"node":{"postTitle":"1 person dead after multiple vehicle crash in DE: Police","slug":"1-person-dead-after-multiple-vehicle-crash-in-de-police","publishDate":"None","createdLocal":"2021-05-16 14:31:13.255982","feedName":"Autonomous Vehicle News","postSummary":{"childMarkdownRemark":{"html":"One person is dead following a two-car crash in New Castle County.\nThe incident happened Friday just before 10:30 a.m. on Kirkwood Highway at the Intersection of Delaware Park Drive in Pike Creek.\nVideo Transcript- In other news tonight, one person is dead following a two car crash this morning in Newcastle County.\nHappened just before 10:30 on Kirkwood Highway at the intersection of Delaware Park Drive and Pike Creek.\nThe crash caused the eastbound lanes of the highway to be closed for hours as police investigated.
"}}}},{"node":{"postTitle":"6 Waymo execs have taken off-ramp","slug":"6-waymo-execs-have-taken-off-ramp","publishDate":"2021-05-15 05:25:26+00:00","createdLocal":"2021-05-16 14:31:11.895627","feedName":"Autonomous Vehicle News","postSummary":{"childMarkdownRemark":{"html":"Amid a fresh push to commercialize its self-driving technology, Waymo has found its senior executive team in flux.\nWaymo has tested in the city for years, and in January it applied for a permit to charge for rides.\nA new CFO would lead any potential efforts to take Waymo public.\nMost experts consider Waymo the front-runner in the global effort to develop and deploy self-driving technology.\n“At the core is a focus on building the Waymo Driver and applying that technology across a number of business lines.”Read More: Auto NewsSource
"}}}},{"node":{"postTitle":"Semiconductor chip shortage expected to cost automakers $110 billion in revenues in 2021","slug":"semiconductor-chip-shortage-expected-to-cost-automakers-110-billion-in-revenues-in-2021","publishDate":"None","createdLocal":"2021-05-16 14:31:10.173290","feedName":"Autonomous Vehicle News","postSummary":{"childMarkdownRemark":{"html":"Global car manufacturers could lose as much as $110 billion due to the ongoing shortage of semiconductor chips, according to consulting firm AlixPartners.\nFord and General Motors said the chip shortage is set to cut billions off their earnings this year.\nFord lowered its earnings outlook by about $2.5 billion in 2021, while GM said their earnings would be slashed by $1.5 billion to $2 billion.\nSemiconductor chips are vital components of new cars and they are widely used for infotainment systems, as well as for basic parts, such as power steering and brakes.\nAlso on rt.com Volkswagen expects global chip shortage to further hit output with no chance to recoup existing losses – reportsThe global semiconductor chip shortage was brought on by the surge in consumer demand during the Covid-19 pandemic.
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