Proposed Speed Limit Reductions
Tucson City Council set to discuss lowering the speed limits on major Tucson roads.
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As pressure from Chinese competitors intensifies and the EV market stalls, major U.S. and European auto manufacturers are racing to cut the cost of producing electric vehicles so they can get to the price tags and profit margins of ICE cars. Now, a company spun out from the Swiss Federal Institute of Technology in Lausanne (EPFL), has raised $27 million in a Series B funding round to apply AI to solve that exact pain point. The company says it uses deep learning in a 3D environment, and combines data analysis with machine learning to speed up development times by up to 75% and product simulation by as much as 10 times.
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