Stay updated with breaking news from Auto Technology. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Shares of GM rose about 2%. Cruise is an "incredibly valuable asset", General Motors Chief Executive Mary Barra said at an event hosted by Wolfe Research. The Detroit automaker will focus on relaunching the unit this year, she added while reiterating her support for the unit.
Continental Automotive India: With the advent of 5G technology, telematics is set to make significant strides in the automotive sector, paving the way for Advanced Driver Assistance Systems (ADAS) and Vehicle-to-Everything (V2X) communication.
Cruise Robotaxi: Cruise named Steve Kenner as its chief safety officer, who will oversee Cruise's safety management systems and operations.
Companies bought 31,159 robots in 2023, a decrease of 30% over the year before, the largest drop in percentage terms since 2006 and largest drop ever in net units, according to the group, known as A3. The pullback occurred in automotive-related industries - which made up about half of the market last year - as well as other sectors such as food and metals manufacturing.
Digital twin technology refers to the combination of virtual and physical worlds through technologies such as 3D simulation equipment, IoT (Internet of things), and others. It can aid the manufacturers to boost their production and make their products more consumer- friendly. Virtual twin technology helps in providing the experience of the model in a visual form, thus simulating the entire environment.