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Apple Looking to Accelerate Self-Driving Car Debut to 2025

Tesla (NASDAQ: TSLA) may soon face even more competition in the autonomous vehicle sector, as Apple (NASDAQ: AAPL) heightens its
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This article was originally published by The Deep Dive

Tesla (NASDAQ: TSLA) may soon face even more competition in the autonomous vehicle sector, as Apple (NASDAQ: AAPL) heightens its focus on accelerating its development of a fully-self driving car in the next several years.

As reported by Bloomberg, which cited people familiar with the matter, Apple has decided to accelerate the timeline of its electric vehicle plans, with a sharpened focus on fully-self driving capabilities. The latest efforts are being spearheaded by Apple Watch software executive Kevin Lynch, who is pushing for a car that goes beyond basic self-driving capabilities such as acceleration and steering.

Thus far, automakers have only been able to create electric vehicles with limited self-driving features, with the industry still years away from a fully-autonomous car that meets safety standards. Up until now, Tesla’s goals have been the most ambitious, but a series of high-profile crashes involving its Autopilot system has damped optimism for a safe and fully autonomous car anytime soon. Meanwhile, Uber has ditched plans for a self-driving vehicle entirely, and has sold its autonomous-driving division in 2020.

Apple’s engineers were previously targeting the autonomous vehicle debut sometime between the next five to seven years, but have now revised that timeline to 2025. According to the sources, the company has already completed nearly all of the “core work” on the vehicle’s processor, and is looking to design an interior with a touchscreen infotainment system, lounge seating for passengers, and no pedals or steering wheel. However, the engineers are also mulling an emergency takeover system.

The latest advancements in Apple’s processor will be included in the first generation of the car, which is already nearing the testing phase on public roads. The sources said that the company has retrofitted a fleet of 69 Lexus SUVs with the new processor design, as well as updated self-driving sensors.


Information for this briefing was found via Bloomberg. The author has no securities or affiliations related to this organization. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

The post Apple Looking to Accelerate Self-Driving Car Debut to 2025 appeared first on the deep dive.

Author: Hermina Paull

Energy & Critical Metals

Black Friday or Cyber Monday? Both are under threat

Highlights Both these days are have dominated shopping for years but round the year discounts are now challenging their relevance The difference…

Highlights

  • Both these days are have dominated shopping for years, but round the year discounts are now challenging their relevance
  • The difference between the two shopping days is also fading away as e-commerce dominates now
  • Spenders can also look at the stock market to ‘invest rather spend’ as the year bids goodbye

Black Friday and Cyber Monday are both days of some extra savings for shoppers and additional revenue for sellers. But there is a big difference in the way the people transact – the first is largely related to in-store physical shopping, and the second is predominantly shopping over the internet.

Is the difference fading away?

The pandemic has brought a big shift everywhere, and this is an opportune time for sellers to realize the shift that is underway in the retail industry.

Small businesses have erupted over social media platforms like Instagram. When Instagram and Facebook services suffered an outage in early October and the platforms were down for nearly six hours, many such retailers – selling everything from cosmetics to clothing – suffered revenue losses.

The point is these retailers are doing away with middlemen and are able to give steep discounts round the year by harnessing people’s love for social media.

Also read: The trick to save extra 20 dollars every week

Are big sale days still relevant?

The onus is now upon traditional retailers including big physical stores and online marketplaces to appeal to customers with something truly extra – some real tangible benefits over the ones provided round the clock by small sellers selling over social media platforms.

Though Black Friday and Cyber Monday have remained the biggest shopping days in the US for long, their dominance is likely under threat as new small retailers have found new avenues and ways to appeal to consumers. 

Also read: Best saving strategy while preparing for any natural disaster

Spending vs. saving in the festive season

The global stock market is in an upbeat mood. Gone are the days when investors pulled out money during the initial phase of the pandemic outbreak. Most of the indices around the world have scaled new peaks in 2021. Tesla, the electric car maker that has made its founder CEO the richest man on Earth, has gained multi-fold over the past one and half years.

In this light, let us look at the returns of two prominent indices, one in the US and one in Canada.

In the US, S&P 500 Index, literally the heart of the stock market, is up nearly 25 per cent as of now on a year-to-date (YTD) basis. The one-year return of this index is a whopping 31 per cent as of now.

Return of TSX Composite Index in 2021

In Canada, the benchmark S&P/ TSX Composite Index has also rewarded investors. The YTD return of this index is over 24 per cent and 1-year return is over 28 per cent.

Also read: Is it the right time to invest in an electric vehicle?

Viewpoint

Black Friday and Cyber Monday are two most closely watched sale days. But, with the proliferation of a new class of sellers that are tapping social media platforms to sell products, the dominance is under threat. These online sellers provide steep discounts round the year by eliminating middlemen.

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Energy & Critical Metals

Ranked: The 35 Vehicles With the Longest Production Runs

Successful cars come in many shapes and sizes. See which ones have stood the test of time in this infographic.
The post Ranked: The 35 Vehicles With the…

Visualizing the Longest Vehicle Production Runs

Over the automotive industry’s 100+ year history, companies such as Ford, Chevrolet, and Mercedes-Benz have produced some truly iconic cars.

Whether they’re designed for excitement, luxury, or just simple transportation, these vehicles offer a set of features that make them highly desirable to consumers. The most successful models will undergo numerous revisions over time, sometimes sticking around for many decades.

To learn more, this graphic from Alan’s Factory Outlet lists the 35 vehicles with the longest production runs of all time. Here are the top 10 below.

Brand Model Name Class Production Run (years)
Chevrolet Suburban SUV 86
Ford F-Series Pickup truck 74
Volkswagen Transporter Van 71
Toyota Land Cruiser SUV 70
Chevrolet Corvette Sports car 68
Mercedes-Benz S-Class Sedan 67
Toyota Crown Sedan 66
Nissan Skyline Sedan 64
Mini Mini Hatchback 62
Porsche 911 Sports car 58

As we can see, successful models come in many shapes and sizes, and from a variety of manufacturers. Below, we’ll take a deeper dive to learn more about what makes these cars special.

Ford F-Series

Ford began selling its first pickup truck in 1925, which was essentially a Model T with a flatbed in the rear. This layout was very useful because it enabled people to transport cargo, raw materials, and other items with relative ease.

Then, in 1948, Ford introduced the F-series pickup. The truck became one of Ford’s most well-known and profitable models, and is currently in its 14th generation.

While the fundamental shape of the F-series hasn’t changed, Ford’s best-selling model owes much of its success to its constant innovation and technological improvements.

In 2015, the F-150 became the first fullsize pickup to feature an all-aluminum body. This reduced the truck’s weight by as much as 500 pounds, resulting in better fuel economy and driving dynamics.

Ford is also credited with bringing turbocharged engines into the mainstream (within the pickup segment). This first-mover advantage gave the F-Series a competitive edge in terms of fuel efficiency and torque.

Chevrolet Corvette

First introduced in 1953, the Chevrolet Corvette is regarded as America’s most iconic sports car. It has a reputation for offering similar performance as its more expensive foreign rivals, and combines unique styling elements with a successful motorsport background.

For most of its history, the Corvette was a rear-wheel drive coupe with a V-8 engine placed in the front. It also featured pop-up headlights for several generations, but the design was eventually phased out due to stricter regulations.

Evolution of the Corvette

Chevrolet drastically changed the formula of the Corvette for its eighth generation, which launched in 2020. The engine is no longer in the front of the car, but instead, placed directly behind the occupants.

C8 interior cross section

This mid-engine layout results in a Corvette with significantly different proportions than its predecessors. Because a bulk of the car’s weight is now located more centrally, the C8 should (in theory) offer better traction and balance.

Few cars have undergone such large changes to their fundamental design philosophy, but the move appears to have worked—production is far from meeting demand.

Mercedes-Benz S-Class

The S-Class from Mercedes is widely recognized as the global benchmark for full-size luxury sedans. Since its introduction in the 1950s, the S-Class has continuously introduced new innovations that improve comfort and safety.

  • The 1959 S-Class (dubbed W111) was the first production car with crumple zones front and rear. Crumple zones are structural elements that absorb the impact of a collision.
  • The 1978 S-Class (W116) introduced electronic anti-lock brakes (ABS). This system prevents tires from locking up under sudden braking and is included on every modern car.
  • The 1991 S-Class (W140) was the first car to feature double-glazed windows, which improves insulation while reducing road noise.
  • The 2021 S-Class (W223) introduced the world’s first rear-seat airbag.

One of the most important aspects of a luxury car is its interior, and the S-class has come a long way since its first iteration.

The interior of the latest S-Class features active ambient lighting that can visually reinforce any warnings generated by the car’s driving assistance systems. The cabin also features MBUX Interior Assist, which can read motion commands (such as hand movements) by the driver.

The car’s center console is dominated by a single large screen—a trend that was first introduced by the Tesla Model S.

Big Changes in Store

Global governments have announced a ban on the sale of new gasoline cars by as early as 2030. This foreshadows a great shift towards battery power and gives automakers the opportunity to reimagine their most iconic models.

For example, the Ford Mustang Mach-E is an all-electric SUV that borrows both the name and styling of the brand’s famous pony car. The company also recently launched an electric version of the F-150, called the F-150 Lightning.

German brands are taking a different approach by creating a completely new range for their EV models. This includes the Audi e-tron, BMW i, and Mercedes EQ lineups. This implies that their existing gasoline-powered models could be coming to an end.

The post Ranked: The 35 Vehicles With the Longest Production Runs appeared first on Visual Capitalist.

Author: Marcus Lu

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Energy & Critical Metals

Why is Uranium Energy Corp. (UEC) Up 1Y 346% and YTD 138%?

For the readers interested in the stock health of Uranium Energy Corp. (UEC). It is currently valued at $4.54…

For the readers interested in the stock health of Uranium Energy Corp. (UEC). It is currently valued at $4.54. When the transactions were called off in the previous session, Stock hit the highs of $4.96, after setting-off with the price of $4.84. Company’s stock value dipped to $4.78 during the trading on the day. When the trading was stopped its value was $4.90.Recently in News on November 9, 2021, Uranium Energy Corp Creates America’s Largest Uranium Mining Company with the Acquisition of Uranium One Americas. Uranium Energy Corp. (NYSE American: UEC) (the “Company” or “UEC”) is pleased to announce the Company has entered into a definitive share purchase agreement with Uranium One Investments Inc., a subsidiary of Uranium One Inc. (“Uranium One”), to acquire all the issued and outstanding shares of Uranium One Americas, Inc. (“U1A”) for a total purchase price comprised of $112 million in cash and the replacement (with corresponding payments to the seller) of $19 million in reclamation bonding (the “Acquisition”). Uranium One is the world’s fourth largest uranium producer and part of Russia’s State Atomic Energy Corporation, Rosatom. You can read further details here

Uranium Energy Corp. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $5.79 on 11/12/21, with the lowest value was $1.51 for the same time period, recorded on 01/21/21.

Uranium Energy Corp. (UEC) full year performance was 410.42%

Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Uranium Energy Corp. shares are logging -21.54% during the 52-week period from high price, and 386.24% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $0.93 and $5.79.

The company’s shares, operating in the sector of Energy managed to top a trading volume set approximately around 4506454 for the day, which was evidently lower, when compared to the average daily volumes of the shares.

When it comes to the year-to-date metrics, the Uranium Energy Corp. (UEC) recorded performance in the market was 178.41%, having the revenues showcasing 139.02% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 1.27B, as it employees total of 47 workers.

Market experts do have their say about Uranium Energy Corp. (UEC)

During the last month, 0 analysts gave the Uranium Energy Corp. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.

According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 3.05, with a change in the price was noted +1.79. In a similar fashion, Uranium Energy Corp. posted a movement of +67.11% for the period of last 100 days, recording 6,754,824 in trading volumes.

Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for UEC is recording 0.07 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.

>> 7 Top Picks for the Post-Pandemic Economy

Technical breakdown of Uranium Energy Corp. (UEC)

Raw Stochastic average of Uranium Energy Corp. in the period of last 50 days is set at 55.32%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 40.49%. In the last 20 days, the company’s Stochastic %K was 51.70% and its Stochastic %D was recorded 57.69%.

Bearing in mind the latest performance of Uranium Energy Corp., several moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 178.41%. Additionally, trading for the stock in the period of the last six months notably improved by 60.13%, alongside a boost of 410.42% for the period of the last 12 months. The shares increased approximately by -10.75% in the 7-day charts and went down by 22.81% in the period of the last 30 days. Common stock shares were driven by 139.02% during last recorded quarter.

Author: Mark Bellis

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