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Category: transportation – Page 138

United Airlines and California-based startup Archer Aviation have announced plans to use flying cars to ferry passengers between Chicago’s O’Hare International Airport and a “vertiport” just minutes from downtown.

“I’m pleased that Chicago residents will be among the first in the nation to experience this innovative, convenient form of travel,” said Chicago Mayor Lori E. Lightfoot.

The megacity challenge: With 9.6 million residents, Chicago is the third largest metro area in the US, and experts predict the population is going to exceed 10.6 million people by 2050.

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Vinay is the CEO and Founder of Arya.ai, the AI cloud for safe & responsible AI.

From self-driving cars to virtual assistants, AI is driving us to a high-performing ecosystem, creating promising use cases across industries every day. While organizations are generating substantial value with artificial intelligence (AI), the technology has many potential risks. Although its capabilities are expanding daily, so are the regulations, risks and ethical pitfalls around AI. Let’s discuss AI’s potential risks to individuals and society and industries’ preparedness to mitigate them.

Reliability is critical to ensuring the effective and safe deployment of AI models in real-world applications. While AI models are expected to maintain accuracy, their performance can drift over time due to several factors. Failure to monitor and diagnose AI models can lead to inaccurate predictions and high-stakes issues.

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Biden’s energy policy is paying off big time.

SEOUL, May 26 (Reuters) — South Korea’s Hyundai Motor Group and LG Energy Solution Ltd (LGES) (373220.KS) on Friday said they will build a $4.3 billion electric vehicle (EV) battery plant in the United States amid a push to take advantage of tax credits.

Manufacturers must adhere to new U.S. sourcing requirements for EV battery components and critical minerals so that buyers of their vehicles can qualify for up to $7,500 in tax credits under the Inflation Reduction Act (IRA).

Vehicles from Hyundai Motor Co (005380.KS) and sister automaker Kia Corp (000270.KS) are currently not eligible.

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The Tesla Model Y was the world’s best-selling car in Q1 2023, marking the first time ever that an EV has achieved this feat, according to industry analyst JATO Dynamics.

Model Y sales have been growing around the world for the last few years, putting the car on the trajectory to become the world’s best-selling vehicle. The feat was first predicted even before the car came to market, as Tesla thought the car could see up to a million units of demand per year.

It was an ambitious goal at the time, with many considering it another example of an “optimistic” Tesla prediction, but last year Tesla said the Model Y was on track to become the world’s best-selling car in 2023.

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New Tesla Cybertruck interior photos reveal an improved yoke steering wheel and other new tiny details to the all-electric pickup truck.

The interior photos revealed an improved yoke steering wheel that’s closed up, similar to a traditional round steering wheel.

The yoke steering wheel received mixed reviews when it was launched as standard with Tesla’s flagship vehicles, the Model X and Model S. At the time of the yoke’s launch, Elon Musk was confident that drivers would grow to accept the new steering wheel design. Later on, however, Tesla rolled out a round steering wheel option for the Tesla Model S and Model X. Eventually, customers could choose between a yoke or a round steering wheel on Tesla’s configuration page.

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Discover how car parks are evolving into solar powerhouses, generating clean energy, reducing costs, and shaping a sustainable future.

Imagine this: a car park with sleek solar panels mounted on jet-black steel supports, harnessing the sun’s energy while providing shade for parked vehicles.

This groundbreaking concept is becoming a reality in car parks across the UK, offering much more than just parking spaces.

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