Long road ahead for fully self-driving cars, despite Tesla claim

A Tesla SuperCharger station in Los Angeles, the US. (Reuters)
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Updated 11 July 2020
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Long road ahead for fully self-driving cars, despite Tesla claim

WASHINGTON: The road to fully self-driving vehicles remains riddled with obstacles, with years of refinements likely needed, despite Tesla founder Elon Musk’s claim to be able to produce one this year.
Musk’s suggestion that Tesla is nearing “Level 5” autonomy appeared to stun the sector, which has repeatedly pushed back forecasts for vehicles able to operate without human help.
The Tesla founder and CEO said in a message to a Shanghai technology fair that he was “extremely confident that ‘Level 5,’ or essentially complete autonomy, will happen . . . very quickly.”
He maintained that he expected “the basic functionality” of Level 5 to be “complete this year.”
But analysts say that the pledge appeared to be hyperbole from Musk, who had pledged to deliver self-driving cars by 2018, and more recently promised to deploy robo-taxis by 2020.
“We’re still a long way from a true Level 4 system, so the ‘very close to Level 5’ comment seems out of nowhere, especially given the reset people have had in recent years,” said Paul Lewis, who heads policy research at the nonprofit Eno Center for Transportation.
Lewis said there was “tremendous excitement” several years ago about the potential for full autonomy, but it has since waned.
“Technology developers are starting to realize the limits of artificial intelligence and the benefits of the human brain in handling some of these tasks.”
Raj Rajkumar, a Carnegie Mellon University engineering professor and co-director of the school’s auto technology research lab, said he was highly skeptical as well.
The recent claim “may be just another technique by Tesla to realize more of the revenue” from the semi-autonomous system the company uses, the researcher said.
“We have been many times here before,” Rajkumar said, citing Tesla’s prior pledges on full autonomy.
Tesla is in a fierce race with tech firms and other automakers for the lead in self-driving technology.

 

The California electric carmaker became the world’s most valuable auto manufacturer earlier this month, and its shares have soared amid strong demand, even as it produces only a fraction of the vehicles of many rivals. The former Google car division now known as Waymo operates a test program in Arizona at Level 4 autonomy. That means a vehicle does not need a driver but operates in a geographically circumscribed area.
But Lewis said that the Waymo system has limits because “there is still some level of monitoring,” with a remote system that could require a human to take over.
Ed Niedermeyer, head of communications for Partners for Automated Vehicle Education (PAVE), which includes nonprofit organizations and auto technology firms (but not Tesla) said Level 4 is the major focus of the group’s members. “The reason companies are not talking about Level 5 is that you’re talking about drinking from the firehose of randomness.”
Level 5 means a vehicle can handle any situation, any type of weather or any terrain without human assistance — a tall order, in Niedermeyer’s view.
Level 4, however, would “reduce the number of variables,” in part by operating within a specific area, whether an enclosed test site, a college campus or even an entire city. “There’s no single technical standard for Level 4; you can define it for yourself,” said Niedermeyer.
Some analysts warn that promoting a system as autonomous could lead motorists to make dangerous assumptions and neglect the steering wheel, with potentially fatal consequences.
Tesla has been criticized over a number of accidents involving drivers using its “Autopilot” program. “There is a danger in promoting self-driving capabilities that are not accurate,” Lewis said.
Autopilot, he noted, is a Level 2 system that requires drivers to be attentive at all times.

Decoder

Waymo Level 5

Waymo Level 5 describes autonomous vehicles capable of handling any situation, any type of weather or any terrain without human assistance.


Open Forum Riyadh to discuss digital currency, AI, and mental health

Updated 26 April 2024
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Open Forum Riyadh to discuss digital currency, AI, and mental health

  • The event will run in parallel to the WEF’s Special Meeting on Global Collaboration

LONDON: The Open Forum Riyadh — a series of public sessions taking place in the Saudi capital on Sunday and Monday — will “spotlight global challenges and opportunities,” according to the organizers.

The event, a collaboration between the World Economic Forum and the Saudi Ministry of Economy and Planning, will run in parallel to the WEF’s Special Meeting on Global Collaboration, Growth and Energy for Development, taking place in Riyadh on April 28 and 29.

“Under Saudi Vision 2030, Riyadh has become a global capital for thought leadership, action and solutions, fostering the exchange of knowledge and innovative ideas,” Faisal F. Alibrahim, Saudi minister of economy and planning, said in a press release, adding that this year’s Open Forum being hosted in Riyadh “is a testament to the city’s growing influence and role on the international stage.”

The forum is open to the public and “aims to facilitate dialogue between thought leaders and the broader public on a range of topics, including environmental challenges, mental health, digital currencies, artificial intelligence, the role of the arts in society, modern-day entrepreneurship, and smart cities,” according to a statement.

The agenda includes sessions addressing the impact of digital currencies in the Middle East, the role of culture in public diplomacy, urban development for smart cities, and actions to enhance mental wellbeing worldwide.

The annual Open Forum was established in 2003 with the goal of enabling a broader audience to participate in the activities of the WEF, and has been hosted in several different countries, including Cambodia, India, Jordan and Vietnam.

The panels will feature government officials, artists, civil-society leaders, entrepreneurs, and CEOs of multinationals.

This year’s speakers include Yazeed A. Al-Humied, deputy governor and head of MENA investments at the Saudi Pubic Investment Fund; Princess Reema Bandar Al-Saud, Saudi Arabia’s ambassador to the US; and Princess Beatrice, founder of the Big Change Charitable Trust and a member of the British royal family.

Michele Mischler, head of Swiss public affairs and sustainability at the WEF, said in a press release that the participation of the public in Open Forum sessions “fosters diverse perspectives, enriches global dialogue, and empowers collective solutions for a more inclusive and sustainable future.”


Meituan looks to hire in Saudi Arabia, indicating food delivery expansion

Updated 26 April 2024
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Meituan looks to hire in Saudi Arabia, indicating food delivery expansion

SHANGHAI: Chinese food delivery giant Meituan is seeking to hire staff for at least eight positions based in Riyadh, in a sign it may be looking to Saudi Arabia to further its global expansion ambitions, according to Reuters.

The jobs ads, which is hiring for KeeTa, the brand name Meituan uses for its food delivery operations in Hong Kong, is seeking candidates with expertise in business development, user acquisition, and customer retention, according to posts seen by Reuters on Linkedin and on Middle Eastern jobs site Bayt.com.

Meituan did not immediately respond to a request for comment by Reuters on its plans for Saudi expansion.

Bloomberg reported earlier on Friday that the Beijing-based firm would make its Middle East debut with Riyadh as the first stop.

Since expanding to Hong Kong in May 2023, Meituan’s first foray outside of mainland China, speculation has persisted that its overseas march would continue as the firm searches for growth opportunities, with the Middle East rumored since last year to be one area of possible expansion.

“We are actively evaluating opportunities in other markets,“ Meituan CEO Wang Xing said during a post-earnings call with analysts last month.

“We have the tech know-how and operational know-how, so we are quietly confident we can enter a new market and find an approach that works for consumers there.” 


IMF opens first MENA office in Riyadh

Updated 26 April 2024
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IMF opens first MENA office in Riyadh

RIYADH: The International Monetary Fund has opened its first office the Middle East and North Africa region in Riyadh.

The office was launched during the Joint Regional Conference on Industrial Policy for Diversification, jointly organized by the IMF and the Ministry of Finance, on April 24.

The new office aims to strengthen capacity building, regional surveillance, and outreach to foster stability, growth, and regional integration, thereby promoting partnerships in the Middle East and beyond, according to the Saudi Press Agency.

Additionally, the office will facilitate closer collaboration between the IMF and regional institutions, governments, and other stakeholders, the SPA report noted, adding that the IMF expressed its appreciation to Saudi Arabia for its financial contribution aimed at enhancing capacity development in its member countries, including fragile states.

Abdoul Aziz Wane, a seasoned IMF director with an extensive understanding of the institution and a broad network of policymakers and academics worldwide, will serve as the first director of the Riyadh office.

 


Saudi minister to deliver keynote speech at Automechanika Riyadh conference

Updated 26 April 2024
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Saudi minister to deliver keynote speech at Automechanika Riyadh conference

RIYADH: Saudi Arabia’s Deputy Minister of Investment Transaction Saleh Al-Khabti is set to deliver the keynote speech at a global automotive aftermarket industry conference in Riyadh.

Set to be held from April 30 April to May 2 in the Saudi capital’s International Convention and Exhibition Center, Automechanika Riyadh will welcome more than 340 exhibitors from over 25 countries.

Al-Khabti will make the marquee address on the first day of the event, which will also see participation from Aftab Ahmed, chief advisor for the Automotive Cluster at the National Industrial Development Centre, Ministry of Industry and Mineral Resources.

Saudi Arabia’s automotive sector is undergoing a transformation, with the Kingdom’s Public Investment Fund becoming the major shareholder in US-based electric vehicle manufacturer Lucid, and also striking a deal with Hyundai to collaborate on the construction of a $500 million-manufacturing facility.

Alongside this, Saudi Arabia’s Crown Prince Mohammed bin Salman launched the Kingdom’s first electric vehicle brand in November 2022.

Commenting on the upcoming trade show, Bilal Al-Barmawi, CEO and founder of 1st Arabia Trade Shows & Conferences, said: “It is a great honor for Automechanika Riyadh to be held under the patronage of the Saudi Arabian Ministry of Investment, and we’re grateful for their continued support as the event goes from strength-to-strength.

“The insights and support we’ve already received have been invaluable, and we look forward to continuing this relationship throughout the event and beyond.”

This edition of Automechanika Riyadh will feature seven product focus areas, including parts and components, tyres and batteries, and oils and lubricants.

Accessories and customizing, diagnostics and repairs, and body and paint will also be discussed, as well as care and wash. 

Aly Hefny, show manager for Automechanika Riyadh, Messe Frankfurt Middle East, said: “The caliber of speakers confirmed to take part at Automechanika Riyadh is a testament to the event’s growth and prominence within the regional automotive market.

“We have developed a show that goes beyond the norm by providing a platform that supports knowledge sharing and networking while promoting the opportunity to engage with key industry experts and hear the latest developments, trends and innovations changing the dynamics of the automotive sector.”


Aramco-backed S-Oil expects Q2 refining margins to remain steady then trend upward

Updated 26 April 2024
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Aramco-backed S-Oil expects Q2 refining margins to remain steady then trend upward

SEOUL: South Korea’s S-Oil forecast on Friday that second-quarter refining margins will be steady, supported by regular maintenance in the region, then trend upward in tandem with higher demand as the summer season gets underway, according to Reuters.

Over the January-March period, the refiner said it operated the crude distillation units  at its 669,000-barrel-per-day oil refinery in the southeastern city of Ulsan at 91.9 percent of capacity, compared with 94 percent in October-December.

S-Oil, whose main shareholder is Saudi Aramco, plans to shut its No. 1 crude distillation unit sometime this year for maintenance, the company said in an earnings presentation, without specifying the time.