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.
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.
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.
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.
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.
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