Advanced #Technologies and the Future of #Transportation; A Road to
Innovation; (NASDAQ: $TSLA) (CSE: $LLT.C) (OTC: $LLNKF) (TSX: $MG.TO) (NYSE:
$MGA) (NASDAQ: $SOLO)
Point Roberts WA,
Delta BC – February 19, 2019 - Investorideas.com, a global
investor news source covering the tech sector looks at the future of
transportation as autonomous vehicles, electric cars, smart cars and advanced
tracking technology all become the new norm, thanks to innovation from AI, blockchain and other
technologies.
Read this in full at https://www.investorideas.com/news/2019/Technology/02191Stocks.asp
You can’t talk about the future of transportation
without naming Tesla Inc. (NASDAQ:TSLA), founded in
2003 by visionary Elon Musk, who is also looking at a whole new level of
transportation with SpaceX.
Not satisfied with being the leader in electric
cars, the company also says, “All Tesla vehicles produced in our factory,
including Model 3, have the hardware needed for full self-driving capability at
a safety level substantially greater than that of a human driver.”
In the Tesla Fourth Quarter & Full Year 2018
Update in January they reported, ”In the past
two years, Tesla vehicles have accounted for all of the electric vehicle (EV)
volume growth in the US. Even with the radical EV growth in the second half of
2018, EVs still account for just 2% of the total US market, and there remains a
substantial opportunity for EVs to continue to gain marketshare in the US and
globally. Consumer purchases have demonstrated that EVs are becoming a
preferred option, as EVs in Q4 2018 outsold hybrid electric vehicles (HEVs) in
the US for the first time in history.”
But there are still some issues to work out for
Tesla, including logistics as Forbes reported, “Tesla
Confronts "Logistic Nightmares" For Model 3 Says Musk.” Tesla is to
deliver up to 400,000 vehicles world-wide this year, so it’s a problem that
needs to be resolved.
Litelink Technologies Inc. (CSE: LLT) (OTC: LLNKF), a key player
in technology and artificial intelligence within the logistics sector is
hoping to bring new technology solutions to the transportation industry. The
company uses artificial intelligence and predictive analytics to solve the
logistics industry’s fragmented and outdated technology problems.
The company recently released an update on its 1SHIFT Logistics platform. The 1SHIFT trials
were planned with the objectives of delivering the capability for a shipper to
select amongst a preferred set of carriers, and then track the shipment until
successfully delivered. A trucker will
provide trip status and flag any issues via the 1SHIFT mobile app to minimize
the communications with all parties and quickly resolve any obstacles for
on-time delivery.
“We have received
positive market feedback both on our web and mobile solutions to date. By getting our mobile app in the hands of
real truckers, we were able to make improvements that will significantly
improve user experience, reduce mobile data usage, and at the same time verify
our solution scalability and security. This
is exactly the type of product feedback we were looking for prior to
large-scale commercial launch,” states COO, Kent Churn. “Investing in an early alpha trial only helps
us improve what is not working, and validates what is working well.”
Magna International Inc. (TSX:MG.TO) (NYSE:MGA), one of the
world's largest automotive suppliers has industry roots going back to 1957 when
it began working with General Motors. Now the company says it’s racing to the future
with new technology.
AT CES 2019, Magna introduced the company's
future vision of how electrification, autonomy and smart mobility intersect:
"At CES 2019, ‘Welcome to Mobility' is Magna's
vision of the future where electrification, autonomy and smart mobility are all
intertwined," said Magna CTO, Swamy Kotagiri. "Leveraging more than
60 years of experience designing and developing new technology, Magna helps
customers striving to change the entire vehicle experience, not just a few
components. We are excited to demonstrate this holistic advantage at CES."
Talking about electrification technology, Magna says, “Global
automotive trends serve as our signposts - and we have reached many milestones
on our way to powertrain electrification.”
Electrameccanica Vehicles Corp. (NASDAQ: SOLO), a designer
and manufacturer of electric vehicles with deep attachments in the automotive
sector, recently said in an update to
shareholders, “Our timing in entering this exciting new market could not have
been better. The automotive industry is undergoing transformational changes
throughout, with legacy automakers being disrupted by new EV entrants who are
uniquely providing aspirational electric vehicles that consumers actually want
to purchase.”
They also recently reported; ”Vehicle production
and delivery from the Zongshen factory will ramp up throughout 2019 and the
Company remains on track to commence deliveries of vehicles to customers.”
So what does the future hold? Experts predict that “A person
in almost any major city for example, could by 2040 be able to step out their
front door to find waiting the autonomous pod they ordered from a nearby multi-
storey charging station only minutes earlier.”
For investors following auto stocks and electric car stocks our site has created a directory of publicly traded companies in
addition to an AI stocks directory.
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