Wednesday March 20, 2019
Home Lead Story Toyota Invest...

Toyota Investing $500 Million in Uber

Both companies aim to work together to solve the huge challenge of how to design and mass produce self-driving cars, which use computers, cameras and sensors to guide the vehicles

0
//
Uber, bengaluru
Photo shows an exterior view of the headquarters of Uber in San Francisco. (VOA)

Toyota will invest half a billion dollars into ride-sharing giant Uber as part of a deal for the two companies to work together on developing self-driving vehicles.

Toyota, one of the world’s largest car makers, is seen as lagging behind other companies, including General Motors and Google’s Waymo, in the autonomous-vehicle race.

Uber has already begun testing self-driving vehicles, but was forced to remove hundreds of autonomous cars from the road in March after one of its test vehicles struck and killed a pedestrian on a street in Tempe, Arizona.

The deal between Uber and Toyota is an indication that Uber does not want to go it alone in creating the complex, autonomous driving systems.

Self-driving cars have always been important to Uber, which sees them as a way to reduce the cost of carrying passengers. Former Uber CEO Travis Kalanick had insisted on developing a proprietary self-driving system, however current CEO Dara Khosrowshahi has been working to develop more partnerships for the company.

Toyota
A visitor walks through a Toyota showroom in Tokyo, Aug. 3, 2018. (VOA)

Uber has been doing safety evaluations since the March crash that killed a 49-year-old woman as she walked her bicycle across the street. The company took a step in July toward relaunching its vehicle testing in Pittsburgh, putting its self-driving cars back on the road in manual mode.

Toyota has been cautious in its approach to self-driving vehicles and has focused on partial autonomous systems. However, the company says it plans to begin testing self-driving electric cars around 2020.

Both companies aim to work together to solve the huge challenge of how to design and mass produce self-driving cars, which use computers, cameras and sensors to guide the vehicles.

Also Read- AI-System to Detect Specks of Lung Cancer

Proponents of the new technology argue that self-driving cars will prove to be safer than human drivers because the cars will not get distracted and will obey all traffic laws.

Critics have expressed concern about the technology’s safety, including the ability of the autonomous technology to deal with unpredictable events. (VOA)

Next Story

Riders in Bengaluru Forget Belongings The Most in Uber

The most forgetful days in 2018 were September 1, June 9, and July 15

0
Representational Image-Uber services, wikimedia commons

Bengaluru has become the most forgetful city for the third time in a row as most users from the city forgot their personal belongings in Uber vehicles, the ride-hailing giant said on Wednesday.

According to the third edition of “Uber Lost & Found Index”, Delhi, Mumbai and Hyderabad followed the list, with phones and cameras being the most forgotten items in Uber cabs.

“The ‘most outrageous’ items Uber users forgot in the vehicles were aluminium storage shelves, gold chains, baby prams, milk sachets, live fish and yoga mats,” the company said in a statement.

Uber, bengaluru
Photo shows an exterior view of the headquarters of Uber in San Francisco. (VOA)

The most common days of the week to report items as “lost” in Uber cars are Saturday and Sunday while people are most likely to forget an item between 1 p.m.-3 p.m., the company added.

Also Read- Twitter Too Harsh When it Comes to Banning Accounts, Admits CEO Jack Dorsey

Riders didn’t just leave the usual stuff; even an ukulele and bunch of bananas have been reported as lost.

The most forgetful days in 2018 were September 1, June 9, and July 15. (IANS)