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Amid a global slowdown

PostWysłany: 28 Maj 2018, o 02:13
przez DMT
By James Lee


BEIJING, Aug. 20 (Xinhuanet) -- Autonomous driving is making significant headway in the automobile industry, where multiple players, such as traditional automakers, parts makers and IT firms, have invested heavily in the R&D and manufacturing of self-driving cars. While companies in various sectors are jostling for automated driving technology, the stakes are essentially growing higher and higher for some countries eager to set the rules.


“Japan and major European nations will compile common standards for self-piloting cars that could take effect in 2018,” according to Nikkei Asian Review. Meanwhile, Japan and its European partners are cooperating to urge the US, which is ahead of other countries in developing driverless cars, to adopt their common standards.


But would all parties concerned reach consensus on self-driving technology standards, given the fact that they failed to find common charging standards for new-energy vehicles despite years of efforts? In a scramble to establish standards, who is going to be the ultimate winner?


From Corporate Competition to State Rivalry


In recent years, high-tech giants and EV behemoths in Silicon Valley have made investments in autonomous driving technology. Data from Google Self-Driving Project suggest that it has self-driven more than 1.5 million miles since it began testing the technology in 2009. By the end of 2015, Tesla’s Autopilot system has already been installed on some of its EVs.


The rivalry between high-tech firms and automakers has resulted in a debate about who should dominate driverless technology. But for now at least, it’s hard to see which side gets the upper hand.


Unfortunately, a Model S car made by Tesla Motors recently made news when it crashed while in driverless mode. The accident once again necessitates unifying standards for self-driving cars.


The auto magnates have realized from early on the importance of common technical standards to series production and commercialization of autonomous cars, hence breeding a variety of cross-industry collaboration. Earlier last month, BMW, the world’s largest luxury carmaker by sales, declared to team up with computer chip maker Intel and collision detection specialist Mobieye to define an open platform for autonomous driving.


Establishing common standards on self-driving cars is looming large on the horizon, extending far beyond the corporate arena. Japan’s joining forces with the European countries is just an attempt to set rules for self-driving cars to be adopted globally.


Standards to Be Unified?


Even Google and Tesla have not yet shown, at least so far, any sign of developing common standards. So on the corporate front, the chances of unifying standards seem to be quite slim in the near future.


But at the state level, it’s easy to see the progress in the making. Japan and the EU attempted to give full play to the role of the United Nations, which has set up an expert panel working on compiling common standards for autonomous driving technology. The panel members include representatives from Japan, South Korea, Germany, France, Britain and the European Commission.


The UN expert panel is expected to reach a broad agreement within months before Japan and the European countries create domestic certification and other systems.


The year 2020 is seen by many industry insiders as a watershed in the course of self-driving capability development, when autonomous driving technology will be much more sophisticated and some highly-automated driving cars will hit the road. But would unified standards for self-driving technology arrive ahead of 2020? Let’s just wait and see.




by Xinhua writer Liang Linlin


BRUSSELS Cheap Tyler Ennis Shirt , March 11 (Xinhua) -- European companies embrace China's "new normal" and are keen for Beijing's success in its economic transition as well as stronger China-Europe trade ties, the president of the European Union Chamber of Commerce in China Joerg Wuttke told Xinhua.


Amid a global slowdown and China shifting gear to medium-to-high speed growth, some 1 Cheap Jared Spurgeon Shirt ,800 European companies operating in China, ranging from veteran multinational corporations to emerging new firms, were to some extent expecting to face headwinds this year.


"Some of us do quite well Cheap Devan Dubnyk Shirt , some of us are taking a hit," Wuttke said. With a long-term strategy for China, the chamber's members so far have no plan to withdraw from the country and continue to operate on the ground.


"China for us is vital Cheap Kyle Quincey Shirt ," Wuttke said. "We need China to succeed, and we all benefit mainly if China gets reforms implemented."


The president of the chamber, recognized by Chinese and European authorities as the official voice of European business in China Cheap Daniel Winnik Shirt , embarked on a trip to Brussels at the beginning of this year to brief the EU on "what's going on in China economically and politically."


In Beijing, the Chinese government has said that the country is on a journey of economic re-balancing, trying to ditch its over-reliance on manufacturing in favor of domestic consumption and services.


Following China's economic transition Cheap Matt Dumba Shirt , the gross domestic product (GDP) growth rate of the world's second-largest economy decelerated to 6.9 percent last year, the self-driven slowdown was dubbed the "new normal."


"We are not worried about the lower growth," Wuttke said. "Even you have 5 percent growth Cheap Ryan Suter Shirt , the base of China's economy is so much bigger; 5 percent now is much bigger than 10 percent five years or 10 years ago."


China's economy still has room for growth, European companies were prepared to embrace the "new normal" and more than half of them remained optimistic about their growth prospects, according to a business confidence survey issued by the Chamber in Beijing in June 2015.


Chinese authorities acknowledged that its "new normal" didn't come without risks. The Chinese economy .

Re: Amid a global slowdown

PostWysłany: 13 Styczeń 2021, o 04:15
przez valdunn

Re: Amid a global slowdown

PostWysłany: 30 Listopad 2021, o 07:07
przez valdunn
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