openPR Logo
Press release

Empire Asset Investments Follows Google Autonomous Car Project Join Fiat Chrysler

05-09-2016 12:32 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Empire Asset Investments

This week on Tuesday Google parent Alphabet announced that it has partnered with Fiat Chrysler in a major growth of its fleet of self-driving vehicles.

The Google autonomous test fleet would be more than doubled with addition of 100 new 2017 Chrysler Pacifica Hybrid minivans, with the companies targeting to have some on the road by the end of this year.

The alliance with Fiat Chrysler Automobiles (FCA) marks the first time that the California-based Internet giant has worked directly with an automaker to build self-driving vehicles.

“FCA will design the minivans so it’s easy for us to install our self-driving systems, including the computers that hold our self-driving software, and the sensors that enable our software to see what’s on the road around the vehicle,” the car team said in a post at the Google+ social network. The minivan design also provides opportunity to explore the potential of large self-driving vehicles that could be used mass transit style with features such as hands-free sliding doors for getting in or out, according to the post.

Alphabet said it was not licensing its autonomous car technology, nor would it be selling the self-driving minivans.

The move signals that Google has a particular interest in “people mover type vehicles’ with the potential to autonomously shuttle passengers about in settings such as college campuses, cities or shopping districts, stated Jane Suki Tech analyst for Empire Asset Investments.

Google has been testing self-driving cars on California roads for a while, and a array of automobile makers including Audi, Ford, Mercedes, Lexus, Tesla and BMW are working on building self-driving capabilities into vehicles.

FCA chief executive officer Sergio Marchionne said the partnership may help boost innovation in the sector. “The Experience both companies gain will be fundamental to delivering automotive technology solutions that ultimately have far-reaching consumer benefits,’ he said.

The US administration pledged in January to help clear the way for autonomous vehicles with an investment of $4billion to fund research and testing projects. A Chinese auto firm revealed last month that it was buying two foreign companies and their self-driving technologies for more than $1 billion.

Empire Asset Investments understands the absolute necessity of strong leadership and demands the highest levels of competence and professionalism in any management team in which it invests. We believe that strong senior managers are absolutely essential to the overall health of any business. Having a strong team of managers is one of the most important factors of a company to achieve its objectives.

110 Wall Street, 4th Tower Suite 9001
10005
New York, NY

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Empire Asset Investments Follows Google Autonomous Car Project Join Fiat Chrysler here

News-ID: 339087 • Views: 779

More Releases from Empire Asset Investments

Empire Asset Investments Looks At Omen X HP’s insane new gaming PC
In recent news Hewlett-Packard which launched its Omen sub-brand of gaming PCs back in May, has rolled out its newest desktop gaming PC offering. It’s absolutely ridiculous in the best kind of way. The Omen X is a computer like a Ferrari is a car. Let’s start with its case, which looks like something straight out of “Hellraiser.” A 60-pound behemoth, the Omen X houses its components in a cube that
Empire Asset Investments Looks Into Sony’s Plans To Unveil Two PlayStation Con …
Sony will debut a redesigned version of its standard PlayStation 4 along with a higher-end PlayStation 4, codenamed “Neo,” during a press event on Sept. 7, according to The Wall Street Journal. Sony revealed the existence of its PS4 “Neo” back in June, but the redesigned PS4 is a new development. As Polygon and Kotaku point out, the redesigned PS4 popped up in a listing on the online classified site Gumtree.
Empire Asset Investments Checks If Alibaba’s dominant cloud business could tak …
Chinese e-commerce giant Alibaba (BABA) reported stellar fiscal first-quarter earnings on Thursday propelled by revenues that spiked 59%, surging past Wall Street estimates. And while talk of e-commerce transactions soaring on mobile dominated the announcement, analysts also paid close attention to the company’s cloud computing business, Alibaba Cloud — and for good reason. Founded in 2009, Alibaba Cloud has evolved into China’s dominant cloud computing services provider, offering clients including Dutch
Empire Asset Investments Tracks Apple in Talks to Feature Twitter App on Apple T …
The early bird catches the Apple? That's reportedly the narrative between Apple and Twitter, as sources tell The New York Times that the companies are discussing an Apple TV-Twitter partnership. This partnership would feature the Twitter app on Apple TV, giving Apple TV users the ability to stream NFL games. Both companies didn't offer comments to The New York Times. Twitter's move for live-streaming rights wasn't cheap, clocking in at approximately $10

All 5 Releases


More Releases for Google

Arabic Google Fonts
Are you searching a for Arabic Google Fonts? Then you are the right place. Today i will give you 19 Best Free Arabic Google Fonts. I agree with you that most of the website you got information that How to use google fonts, how to embed fonts, but you not able to gather full information from one site. Here I will promise that you can gather complete information on Arabic Google Fonts from one
Google Analytics Segments Vs Filters
London/UK – 23th October 2018. One of the most common questions I’m asked about Google Analytics is the difference between a segment and a filter and the main use case of each of them. I’m often asked why you would ever use a filter when a segment does the same job and vice versa. In today’s post, I’m going to briefly run you through what segments and filters are, how they
Google buys business.site for Google My Business
Small enterprises now get free BUSINESSNAME.business.site domain absolutely free through Google My Business 24th August 2017, Mumbai: Radix, the domain registry that has the exclusive rights to operate new domain extension .SITE, today announced that it has sold the domain name business.site to Google. As part of Google My Business, small business owners are able to make a website with a BUSINESSNAME.business.site domain name for free. The service is available
Google Apps for efficient companies
BITSoftware, GoogleApps Authorized Partner for Romania, together with Google, organizes on Friday, October 14, 2011, in Bucharest, an event dedicated to Google Enterprise Solutions. At this event, Romanian companies managers will learn how to reduce IT costs and help employees collaborate more effectively, by using Google`s communication and collaboration applications. Przemek Sienkiewicz, Head of Google Enterprise CEE, Russia & CIS, will explain what Cloud Computing means to business environment, and Remus
Kingpin Excited to See What Google+ does for Google Realtime
According to recent research Google+ has apparently amassed 25 million users since its launch in late June, however the networking site is currently still in the invite only stages. Despite the lack of news regarding its public launch date, there are now rumours that Google will be using the social networking site in conjunction with the not long abandoned Google Realtime function. Realtime delivered relevant information from Twitter, Facebook, and other
MindMeister launches Google Wave gadget
MUNICH, GERMANY, JUNE 7, 2010 Leading mind mapping and collaborative working innovator MindMeister announced today the public beta launch of their Google Wave gadget. This addition of MindMeister to Google Wave will now give Wave users a number of features and functionality of MindMeister’s award winning interface within their new and existing Waves. Since it’s beta launch in October 2009, Google Wave has been facilitating communication and collaboration between millions