[230704] #Loxo #BaseTracK #AEye 

1. Loxo to add Innoviz Technologies’ lidar tech to delivery vehicles

• • Loxo, a leading last-mile delivery company, has announced a partnership with Innoviz Technologies to incorporate LiDAR technology into its delivery vehicles.
  • Innoviz Technologies is a provider of high-performance LiDAR sensors and perception software for autonomous vehicles.
  • The collaboration aims to enhance Loxo’s delivery operations by improving vehicle safety, efficiency, and navigation capabilities.
  • LiDAR technology uses laser sensors to create detailed 3D maps of the surrounding environment, enabling precise object detection and distance measurement.
  • By integrating LiDAR into its delivery vehicles, Loxo expects to optimize route planning, reduce the risk of accidents, and enhance overall operational effectiveness.
  • The deployment of LiDAR technology will enable Loxo’s vehicles to accurately identify and avoid obstacles, pedestrians, and other vehicles, even in challenging weather conditions.
  • The partnership demonstrates Loxo’s commitment to leveraging cutting-edge technologies to provide better and safer delivery services.
  • Loxo plans to roll out the LiDAR-equipped vehicles gradually, starting with select markets and expanding the deployment as the technology proves its effectiveness.

2. RoboSense leads establishment of China’s first automotive MEMS standardization working group

• • RoboSense, a Chinese LiDAR solution provider, has established China’s first automotive MEMS standardization working group.
  • Dr. Mark Qiu, the CEO of RoboSense, highlighted the growth potential of MEMS sensors in the automotive field and the importance of collaboration among industry players.
  • The working group aims to promote coordinated development, establish Chinese standards, and enhance China’s competitiveness in the automotive MEMS sector.
  • Experts from automotive companies such as BYD, Great Wall Motor, GAC Group, Haomo.ai, SAIC Motor, and FAW Group, along with leaders from MEMS industry partner companies, attended the conference.
  • RoboSense plans to actively participate in standardization work, developing a multi-level standard system for LiDAR products and core components.

3. Driverless Trucking Firm Eyeing US Exit

• • TuSimple, an autonomous trucking technology provider, is exploring strategic alternatives for its U.S. operation, including a potential sale.
  • The company had previously considered selling its Asia-Pacific business but reversed that decision.
  • If the U.S. business is offloaded, TuSimple plans to focus on the Asia-Pacific region and other major global markets.
  • The company successfully completed fully driverless tests on public roads in the U.S., China, and Japan.
  • Exiting the U.S. market may require TuSimple to abandon projects, such as commercializing its technology in the “Texas triangle.”

4. BaseTracK Introduces First Autonomous Truck in the UAE

• • BaseTracK, a pioneer in autonomous vehicle technology, has launched its first Autonomous Truck in the United Arab Emirates (UAE) with Allied Transport Company.
  • The entry of BaseTracK into the UAE aligns with the country’s vision for a greener and more sustainable future, as outlined in the Green Economy for Sustainable Development Initiative.
  • BaseTracK plans to collaborate with RAKEZ (Ras Al-Khaimah Economic Zone) to position Ras Al-Khaimah as a leading hub for sustainable future trucking.
  • The introduction of BaseTracK’s autonomous truck addresses the issue of driver shortage faced by transport companies.
  • BaseTracK’s technology enables fuel savings even in human-driven trucks, with proven results of reducing fuel consumption by 10-20%.
  • The company envisions a future with Hub2Hub trucking, where autonomous trucks navigate intercity highways to enhance energy efficiency and sustainability efforts.
  • BaseTracK aims to work closely with authorities and stakeholders to develop necessary regulations for the future of autonomous transportation.
  • The company has raised $3.25 million in external funding, with notable investors such as AngelsDeck Global Ventures.

5. AEye Unveils 4Sight+

• • 4Sight+ is designed to improve path planning, obstacle avoidance, and prediction capabilities in autonomous driving systems.
  • The technology utilizes agile LiDAR (Light Detection and Ranging) sensors combined with artificial intelligence (AI) algorithms to enhance perception and data collection in real-time.
  • It enables autonomous vehicles to detect and track objects at a higher resolution and longer range, allowing for better situational awareness.
  • The system’s AI algorithms enable it to classify and predict the behavior of objects, enhancing safety and decision-making capabilities for autonomous vehicles.
  • The increased spatial resolution and range provided by 4Sight+ can contribute to safer navigation and better response to dynamic driving conditions.
  • AEye plans to integrate 4Sight+ into their iDAR (Intelligent Detection and Ranging) platform, which combines LiDAR, camera, and embedded AI technologies for perception and sensing.
  • The technology has potential applications beyond autonomous vehicles, including robotics, industrial automation, and other advanced perception systems.
  • The release of 4Sight+ is part of AEye’s commitment to advancing perception capabilities and addressing the limitations of traditional LiDAR technologies.