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Vueron Newsletter
No. 167
2025.01.03
Nvidia steps up hiring in China to focus on AI-driven cars, Bloomberg News reports | ||
Autonomous trucking | Inceptio-powered AV trucks surpass 200 million kms in commercial operations | |
Autonomous trucking | Volvo’s VNL Autonomous fleet begins hauling freight for DHL in Texas | |
Pony AI: An Attractive Autonomous Driving Technology Play | ||
Tesla adds new autonomous driving feature in China as robotaxi vision progresses |
1. Nvidia steps up hiring in China to focus on AI-driven cars, Bloomberg News reports
- Nvidia has added 200 new employees in China this year to strengthen its research capabilities, particularly in autonomous driving technologies, according to Bloomberg News.
- The company now employs nearly 600 people in Beijing and recently opened a new office in the Zhongguancun tech hub.
- Globally, Nvidia employed 29,600 people across 36 countries at the end of fiscal year 2024.
- Nvidia is currently under investigation in China for potential violations of the country’s anti-monopoly law, seen as a response to U.S. chip export restrictions.
Nvidia expands its China presence with 200 new hires and a Zhongguancun office, focusing on autonomous driving amid anti-monopoly scrutiny.
2. Inceptio-powered AV trucks surpass 200 million kms in commercial operations
- Inceptio Technology’s autonomous trucks have surpassed 200 million kilometers in commercial operations, doubling the 100 million kilometers milestone from April 2024.
- Over 2,000 Inceptio-powered trucks are deployed with China’s top logistics companies, demonstrating their capabilities on major freight routes.
- The trucks have achieved 20-50% labor cost reductions, 3-7% fuel efficiency gains, saving 6,000 liters of diesel and reducing 15.8 tons of CO₂ emissions per truck annually.
- A joint study with CPIC found Inceptio trucks 75-99% safer than human-operated trucks, with 10% more monthly kilometers per truck and improved fleet performance.
- Major deliveries in 2024 included 400 trucks to ZTO Express, the largest single delivery of intelligent heavy-duty trucks globally.
- Inceptio collaborated with Dongfeng Commercial Vehicle to launch the Hi-Truck Tianlong GX/KX Series, featuring the industry’s first LNG autonomous trucks.
- CEO Julian Ma emphasized the transformative impact of Inceptio’s technology on logistics efficiency, safety, and profitability, alongside its role in reducing costs amid challenging economic conditions.
- Inceptio plans to expand globally, leveraging operational data to refine its full-stack autonomous solution and drive further adoption of its technology.
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3. Volvo’s VNL Autonomous fleet begins hauling freight for DHL in Texas
- DHL Supply Chain has partnered with Volvo Autonomous Solutions (VAS) to deploy self-driving Volvo VNL Autonomous trucks on routes between Dallas and Houston, with plans to expand operations in Texas.
- The trucks, powered by Aurora Driver technology, operate with onboard safety drivers for validation and use hub-to-hub operations along divided highways.
- DHL emphasizes that autonomous trucks will augment rather than replace human drivers, enabling them to work locally and return home daily while robotic trucks handle long-haul routes.
- The Volvo VNL Autonomous trucks feature built-in redundancy for safety-critical systems and utilize cameras, imaging radar, and long-range LiDAR for safe highway operations.
- VAS is developing an autonomous transport-as-a-service model, focusing on select key customers like DHL to refine and scale its solutions.
- DHL integrates the autonomous trucks into its broader automation strategy, which includes warehouse robotics and wearable technology, aligning with its safety-first culture.
- The collaboration supports the logistics sector’s digital transformation, improving long-haul capacity, operational efficiency, and value for customers.
- Autonomous trucking continues to grow, with OEMs like Paccar, Daimler’s Torc Robotics, and Kodiak Robotics also advancing their autonomous technology offerings for the future.
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DHL partners with Volvo Autonomous Solutions to deploy self-driving trucks in Texas, integrating automation to enhance safety and long-haul logistics efficiency.
4. Pony AI: An Attractive Autonomous Driving Technology Play
- Initiating coverage on Pony AI with a ‘Buy’ rating, citing industry tailwinds and significant growth potential in autonomous driving technology over the next 24–36 months.
- PONY’s robotaxi and robotruck segments show strong early growth, with strategic partnerships and regulatory approvals positioning the company for future expansion.
- Despite current losses, the company’s high R&D investment and industry partnerships are expected to drive innovation and long-term profitability.
- Regulatory risks and gradual adoption timelines are noted, but the large addressable market in China and beyond supports a positive long-term outlook.
With strong industry tailwinds, Pony AI’s focus on robotaxi and robotruck technologies positions it as a key player in the autonomous driving market.
5. Tesla adds new autonomous driving feature in China as robotaxi vision progresses
- Tesla (TSLA) launched the “Actually Smart Summon” feature in China, enabling vehicles with enhanced autopilot or full self-driving to autonomously navigate parking lots within the driver’s vision.
- The feature, based on Tesla Vision and requiring no radar sensors, is delivered through over-the-air software updates.
- Customers purchasing a Tesla through a trade-in are offered 90 days of free enhanced autopilot software.
- Tesla plans to roll out its Full Self-Driving (FSD) software in Europe and China by Q1 2025, pending regulatory approvals.
- In the U.S., Tesla aims to release an “unsupervised” FSD version in Texas and California in 2025 and begin production of its fully autonomous Robotaxi by 2026.
- Tesla shares rose 1.1% in premarket trading on Friday, nearing their all-time high.
Tesla debuts “Actually Smart Summon” in China, marking a step toward unsupervised Full Self-Driving and Robotaxi production by 2026.
*Contents above are the opinion of ChatGPT, not an individual nor company