Tesla is expected to release a new Autopilot/Full Self-Driving hardware suite imminently and now more details have leaked.
Since 2016, Tesla has claimed that all its vehicles produced going forward have “all the needed hardware” to become self-driving with future software updates.
It turned out not to be true.
Tesla already had to upgrade its onboard computer and cameras in earlier vehicles, and it has yet to achieve self-driving capability. Its Full Self-Driving (FSD) software is still in beta and doesn’t enable fully autonomous driving.
When new hardware is needed to achieve the FSD capability, Tesla says that it is providing it for free. Separately, Tesla has also been expected to improve on its hardware suite over time while still delivering on its promises through software updates working on the older hardware.
However, there have been doubts amongst industry experts about the capability to deliver on the promises without some major changes to Tesla’s sensor suite.
Tesla has lately started to indicate that some major changes are coming. For example, after famously removing radar sensors from its hardware suite, we learned last month that Tesla is planning to add one as soon as this month.
Additionally, we also reported on a Tesla Model 3 prototype that potentially featured a new Autopilot/Full Self-Driving hardware suite.
Now some additional information about Tesla’s Autopilot hardware update, which some refer to as Autopilot HW 4.0, through regulatory documents coming out of China – where Tesla often implements production changes first.
Based on the leak, Tesla is planning to update the front-facing camera hub with two higher-resolution cameras instead of 3 lower-resolution ones.
The new camera hub now also appears to be equipped with a new fan or heating system to help keep the camera clear.
It is also being added to the camera on the B pillars.
However, the new information doesn’t mention any camera being added to the sensor suite, throwing some cold water on the prospect of adding headlight/bumper cameras seen on the Model 3 prototype.
Electrek’s Take
I am really curious about this upcoming Tesla Autopilot hardware update.
Tesla was always going to keep improving its Autopilot/self-driving hardware so there’s nothing wrong with what’s happening, but it still feeds into the growing concerns that Tesla can’t achieve its promised self-driving capability with the current hardware.
So there’s a possibility that Tesla is going to unveil a new suite of self-driving hardware this month that just improves the capability, and Tesla still plans to deliver self-driving on the current hardware.
But I think there’s room for concerns after Tesla has been wrong about self-driving several times already. It might be wrong about the current vehicles being able to achieve it.
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On today’s episode of Quick Charge, Tesla’s Cybertruck is now available in Canada – and, like in the US, there’s no waiting! Plus, we’ve got an “actually” smart summon Tesla that’s actually stuck, GM reaches a sales milestone, and we get a brand-new title sponsor!
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Mobile car care company Yoshi Mobility launched a DC fast charging EV mobile unit that it likens to “a supercharger on wheels.”
November 4, 2024 update: Yoshi Mobility will only be charging EVs on the side of the road now – it announced today that it’s selling its fleet fueling operation to EZFill Holdings (Nasdaq: EZFL).
It was originally founded as a direct-to-consumer, mobile fueling business in 2016, but now it’s going to focus on mobile EV charging, virtual vehicle inspections for partners like Uber and Turo, and onsite preventative maintenance.
Bryan Frist, Yoshi Mobility’s CEO & cofounder, said, “By spinning off our fuel business and focusing all of our energy on solving hair-on-fire problems that fleet owners face, we are meeting the changing needs of enterprise customers while making the future of transportation safer, cleaner, and more sustainable.”
May 22, 2024: Yoshi Mobility saw that its existing customers needed mobile EV charging in places where infrastructure has yet to be installed, so the Nashville-based company decided to bring the mountain to Moses.
“We recognized a demand among our customers for convenient daily charging, reliable private charging networks, and proper charging infrastructure to support their fleet vehicles as they transition to electric,” said Dan Hunter, Yoshi Mobility’s chief EV officer and cofounder.
The company says its 240 kW mobile DC fast charger, which can turn “any EV” into a mobile charging unit, is the first fully electric mobile charger available. It can provide multiple charges in a single trip but doesn’t detail how they charge the DC fast charger or who manufactured it. (I asked for more details, and they replied that they won’t disclose client names or the manufacturer of its DC fast charger yet.)
Yoshi is launching its mobile charger on two GM BrightDrop Zevo 600s and will introduce additional vehicles throughout 2024. It aims for full commercialization by Q1 2025. (I wonder if the Zevo 600 ever charges itself? Yes, I asked that too.)
Yoshi Mobility says it’s already deployed its EV charging solutions to service “major OEMs, autonomous vehicle companies, and rideshare operators” across the US. Its initial customers are made up of large EV operators managing “hundreds” of light-duty vehicles requiring up to 1 megawatt of energy per day that don’t yet have grid-connected EV chargers. I’ve asked Yoshi for details of who it’s working with, and will update if they share that info.
The company says pricing is based on location and enterprise charging needs. Once under contract for service, the service will be deployed to US-based customers within 10 days.
To date, Yoshi Mobility has raised more than $60 million, with investments from GM Ventures, Bridgestone, ExxonMobil, and Y-Combinator in Silicon Valley.
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Marqeta celebrates its initial public offering at the Nasdaq on June 9, 2021.
Source: The Nasdaq
Marqeta shares tumbled more than 30% in extended trading on Monday after the company issued weaker-than-expected guidance for the fourth quarter.
Here’s how the company did compared with Wall Street estimates, based on a survey of analysts by LSEG:
Loss per share: 6 cents adjusted vs. a loss of 5 cents expected
Revenue: $128 million vs. $128.1 million expected
While third-quarter results showed a slight disappointment on the top and bottom lines, Marqeta’s forecast for the current period was more concerning.
The payment processing firm said revenue in the fourth quarter will increase 10% to 12% from a year earlier. Analysts were looking for growth of more than 17%, according to LSEG.
Marqeta, which primarily functions as a card-issuing platform, attributed the guidance miss to “heightened scrutiny of the banking environment and specific customer program changes.” The company has been struggling for a while, and its stock is now down more than 80% from its peak in 2021, the year it went public. The stock was down 15% for the year prior to the report.
Total processing volume of $74 billion was up more than 30% from a year earlier. Net revenue and gross profit were up 18% and 24%, respectively.
Marqeta’s digital commerce business sells payment technology designed to detect potential fraud and ensure that money is properly routed. It also issues customized physical cards that look like a credit or debit card that can be used for point-of-sale purchases.
The company has been trying to break into the buy now, pay later business with a recently launched product called Marqeta Flex. The service brings BNPL from lenders such as Affirm or Klarna to any credit card wherever Mastercard and Visa are accepted.
“It’s an orchestration layer, but it’s tied to issuing and processing and disputes and chargebacks,” CEO Simon Khalaf told CNBC at Money2020 in Las Vegas last week. “So it is not actually a Wild West in BNPL. It is actually very well established. And there is a reason why a lot of people are jumping to it.”