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Vueron Newsletter
No. 140
2024.10.01
Inceptio Technology Makes Landmark Single Delivery of 400 Autonomous Heavy-Duty Trucks to ZTO Express | ||
Autonomous Driving | Autonomous vehicle research gets turbo boost | |
LiDAR, Autonomous Driving | Vueron Technology secures US$17million in Series-A funding | |
Ready to Roll: Nuro to License Its Autonomous Driving System | ||
Autonomous driving startup Forterra closes $75M investment |
1. Inceptio Technology Makes Landmark Single Delivery of 400 Autonomous Heavy-Duty Trucks to ZTO Express
- Inceptio Technology delivered 400 autonomous heavy-duty trucks to ZTO Express, marking the largest global delivery of intelligent trucks.
- The trucks, developed in collaboration with Dongfeng Commercial Vehicle, are equipped with Inceptio’s Autonomous Driving System, supporting the commercialization of autonomous logistics.
- This delivery enhances ZTO Express’ logistics operations by improving efficiency, reducing costs, and optimizing safety.
- Inceptio’s autonomous trucks are widely used across various logistics sectors, including line-haul logistics, express delivery, LTL transportation, and contract logistics.
- ZTO Express aims to strengthen its fleet and expand its presence in the domestic logistics market with the addition of these autonomous trucks.
- Inceptio’s CEO, Julian Ma, highlighted the company’s commitment to revolutionizing logistics and improving safety, efficiency, and profitability with its data-driven R&D and autonomous systems.
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Inceptio Technology delivered 400 autonomous heavy-duty trucks to ZTO Express, marking a major milestone in the commercialization of autonomous logistics.
2. Autonomous vehicle research gets turbo boost
- NYU Tandon and May Mobility have introduced the MARS dataset, offering real-world driving data collected from multiple autonomous vehicles across repeated trips.
- The dataset provides a unique opportunity to study how autonomous vehicles perceive their surroundings and interact over time in real-world conditions.
- MARS includes over 1.4 million frames of sensor data, collected from May Mobility’s fleet of autonomous Toyota Sienna vehicles operating in a 20-kilometer area.
- The dataset focuses on “multitraversal” observations, capturing data from 67 specific locations under different weather conditions and times of day.
- MARS is expected to accelerate autonomous vehicle research, particularly in collaborative perception, mapping algorithms, and 3D scene reconstruction.
- This collaboration between academia and industry sets a precedent for data-sharing to foster innovation and improve autonomous vehicle safety and reliability.
- May Mobility’s FleetAPI enabled NYU Tandon to access real-time and historical vehicle data, further enhancing research opportunities.
- Initial experiments on visual place recognition and 3D scene reconstruction demonstrate the dataset’s potential in advancing autonomous driving technologies.
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3. Vueron Technology secures US$17million in Series-A funding
- Vueron Technology raised $17 million in Series-A funding, bringing total investment to $25 million.
- New investors include Shinhan Venture Investment, T.S. Investment, Industrial Bank of Korea, and others.
- Despite a challenging investment climate, Vueron’s LiDAR-based technology and ADAS solutions gained strong recognition.
- The company is collaborating with global automakers and Tier 1 suppliers in markets like South Korea, the U.S., Japan, and Europe.
- With new funding, Vueron will expand its workforce and advance mass production technology, focusing on software reliability.
- Vueron’s ‘VueOne’ autonomous driving solution is used in cars, trucks, robots, and Urban Air Mobility (UAM).
- The company received a CES 2024 Innovation Award for its crowd management solution, ‘VueTwo.’
- CEO Joseph Kim targets a 2026 IPO to solidify Vueron’s global leadership in LiDAR solutions.
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With US$17 million in new funding, Vueron Technology aims to scale its LiDAR-based ADAS solutions and strengthen its global presence in autonomous driving markets.
4. Ready to Roll: Nuro to License Its Autonomous Driving System
- Nuro announced it will license its Nuro Driver autonomous driving system to automakers and mobility providers.
- Nuro Driver is built on NVIDIA’s safety architecture, using NVIDIA GPUs for AI training and NVIDIA DRIVE Thor for in-vehicle computing.
- The Nuro Driver has achieved over 1 million autonomous miles with zero at-fault incidents, demonstrating reliability and safety.
- The licensing aims to accelerate Level 4 autonomy adoption and deployment across the transportation industry.
- Nuro Driver includes next-gen features like microphones for siren detection, sensor cleaning systems, and redundant safety systems.
- The system enables integrated sensor processing and AI-driven autonomy in a centralized platform for safe, scalable deployment.
- Nuro received approval from the California DMV to test its driverless vehicles in four San Francisco Bay Area cities and is also conducting commercial tests in Houston.
- Licensing provides automotive manufacturers access to a road-proven, independent platform to speed up their autonomous vehicle development timelines.
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Built on the NVIDIA DRIVE and DriveOS safety architecture, Nuro Driver is poised to accelerate adoption of autonomous technology across the transportation industry.
5. Autonomous driving startup Forterra closes $75M investment
- Forterra (Robotic Research OpCo LLC) raised $75 million in Series B funding, surpassing its initial goal by over 2.5 times.
- The funding round was led by Moore Strategic Ventures, XYZ Venture Capital, and Hedosophia, with multiple returning investors.
- Forterra’s AutoDrive hardware module enables vehicles to achieve autonomous driving in both on-road and off-road environments, handling low visibility, bad weather, and no GPS conditions.
- AutoDrive features include obstacle detection, avoidance, and a convoy capability for energy-efficient travel of multiple autonomous vehicles.
- The U.S. defense sector is the primary user of Forterra’s technology, with partnerships with Oshkosh Corp. and General Dynamics to develop autonomous military vehicles.
- Forterra is also expanding into commercial applications such as ports and distribution centers, with a collaboration with Kalmar USA to develop autonomous yard trucks.
- The new funding will help broaden the adoption of its technology across the defense and industrial sectors.
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With $75 million in Series B funding, Forterra plans to accelerate the deployment of its autonomous driving technology for military and off-road commercial vehicles.
*Contents above are the opinion of ChatGPT, not an individual nor company