Automotive & Driverless

Russia to launch self-driving tram and vessel experiments

September 27, 2020

Several ministries of the Russian Federation, including The Ministry of Finance, the Ministry of Transport, the Ministry of Natural Resources, the Ministry of Economic Development, as well as the Federal Agency for Maritime and River Transport (Rosmorrechflot) supported the draft government decree on conducting an experiment on the operation of self-driving vessels. According to the …

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Sberbank enters driverless car market, posing a new challenge to Yandex

December 5, 2019

Sberbank, the Russian state-controlled financial and technological giant, is making its first steps on the young and vibrant market of driverless vehicles. The bank announced last week its partnership with Cognitive Technologies, a Russian software corporation that develops AI-based driver assistance systems. Founded in 1993, this company offers a variety of components for unmanned vehicles …

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Yandex.Taxi considers IPO; self-driving business unit to spin off

November 12, 2020

Yandex.Taxi, the taxi-hailing company which merged activities in Russia and some neighboring countries with Uber last year, is considering going public through a dual-listing in Russia and the USA. The company is in talks to hire Morgan Stanley and Goldman Sachs to manage the potential IPO. “An IPO is something we are considering as we have said previously, and we work …

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From Moscow, to Tel Aviv, to Las Vegas, Yandex’s driverless cars drove 1 million miles

November 12, 2020

Yandex, the NASDAQ-listed Russian Internet giant, celebrates 1 million miles driven by its unmanned cars. The company now claims to be “Europe’s largest driverless car developer” and among the top five companies globally, competing with Baidu, Cruise Automation, Uber and Waymo. Yandex’s driverless cars are currently being experimented on public roads in Moscow and Innopolis (Russia) as well as Tel Aviv (Israel), …

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Self-driving vehicles could “make Yandex a much larger company,” believes UBS

September 3, 2019

Yandex is likely to enjoy a monopoly in the field of unmanned vehicles in Russia, and these activities could be valued at up to $7.7 billion by 2030. This is how UBS envisions Yandex’s prospects in this market, according to an analysis which was revealed last week by the Russian business daily RBC.  Yandex’s commercial …

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Yandex and Hyundai Mobis announce partnership on self-driving vehicles

September 2, 2019

Yandex, the NASDAQ-listed Russian search giant, and Hyundai Mobis, a global manufacturer of automotive components, have agreed to jointly develop control systems for Level 4 and Level 5 autonomous vehicles. In the first phase, according to the memorandum of understanding announced yesterday, the partnership will focus on “developing a driverless prototype vehicle based on standard …

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Powered by AI and computer vision instruments, Russia’s first self-driving tram could start regular service in 2021

February 16, 2019

As Yandex’s autonomous car has entered an active experimental phase in Russia, Israel and the USA, two Russian companies – PC Transport Systems and Cognitive Technologies – are developing jointly a fully autonomous tram, reports RailTech.com. The self-driving vehicle is equipped with “an AI-based computer vision system, up to 20 video cameras located around the …

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Yandex demonstrates self-driving car technologies on the streets of Las Vegas during CES 2019

February 16, 2019

Yandex, the Russian Internet giant that develops intelligent products and services powered by machine learning, is operating a self-driving car in Las Vegas with just a safety engineer in the front passenger seat (NVO Mode).  The company will be providing demonstration rides of its self-driving car on the public streets of Las Vegas starting from the Hard …

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Russian company claims to have created world’s first 4D radar for driverless tech

December 19, 2018

Moscow-based Cognitive Technologies said its new 4D radar for driverless cars surpasses humans in analyzing road conditions. The first prototype can determine the location, shape and speed of objects on the road in any weather conditions, the company announced. “It’s like a ‘third eye’ for the driverless vehicle,” said Olga Uskova, president of Cognitive Technologies, …

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Yandex.Taxi experiments driverless vehicle in Russian tech city, celebrates first 1,000 rides

November 6, 2018

Self-driving taxis are making their first steps in Russia with a new experiment led in Innopolis, a brand new tech city under completion on the outskirts of Kazan, 800 km eastwards from Moscow. In just two months, from Aug. 25 to Oct. 28, 1,000 autonomous rides with passengers were completed, claims Yandex.Taxi, the company behind …

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