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Flying electric car takes off in the US as CEO discusses industry’s future [Video]

Flying cars are becoming closer to reality than what sci-fi movies may lead you to believe. Another electric flying car “took flight” this week in the US. CEO Doron Merdinger of Miami-based Doroni Aerospace successfully piloted a two-seater personal vertical takeoff and landing (eVTOL) aircraft that fits in your garage.

Electric flying cars are all of a sudden taking the US by storm. Last month, California-based Alef Aeronautics revealed its 100% electric flying car, “Model A,” the first of its kind to receive legal approval to fly from the US government.

According to Alef, the Model A has a 200-mile driving range and can fly for 110 miles. The company says it had gathered over 440 orders for its $300K electric flying car within three months.

Florida flying car company predicts delivery in 2025

(NewsNation) — Flying cars are coming sooner than you think.

Companies are looking to turn a decades-old concept, reminiscent of “The Jetsons,” into reality in just a few short years. Morgan Stanley predicts “the urban air mobility market could be worth more than $1 trillion by 2040,” according to a report from Business Insider.

Start-ups all over the world are working to get their flying cars up and running.

Tesla To Shoot Past 2025 EPS Consensus As Cybertruck Deliveries Will ‘Far Exceed’ Wall Street Estimates, Says Analyst

Tesla, Inc. TSLA Cybertruck updates, especially from influencers and the company’s fanbase, have been coming in thick and fast. Future Fund Managing Partner Gary Black is an analyst who is upbeat about the prospects for the electric pickup truck.

What Happened: Cybertruck deliveries are likely to “far exceed” Wall Street estimates, said Black in a tweet. He noted that the current consensus delivery estimates for 2024 and 2025 are 91,000 units and 160,000 units, respectively.

Following the ramp-up, Tesla is planning for annual production of 375,000 units, the analyst said. The consensus estimates are at least 200,000 per year short, he added.

How Artificial Intelligence, Data And Analytics Are Transforming Formula One In 2023

Formula One (F1) has always been a technology-driven sport. Behind every car tearing up the circuit at 250 mph is a team of engineers and scientists competing to wrangle every advantage, leveraging the latest innovations in data, analytics and high-performance computing.

Right now, as is the case in every industry, artificial intelligence (AI) is driving a wave of disruption, transforming car design, race performance and fan experience alike.

As Christian Horner, CEO of Oracle Red Bull Racing, says, “Data is in the team’s lifeblood. Every element of performance – how we run a race, how we develop a car, how we select and analyze drivers – it’s all driven by data.”

Elon Musk believes Tesla will have ‘level 4 or 5’ self-driving this year

Elon Musk has again decided to share a timeline about Tesla’s self-driving effort – again claiming it will achieve “full self-driving” by the end of the year.

But this time, the CEO has mentioned “level 4 or 5” self-driving. However, it’s not clear if he knows what that means.

Over the years, Musk has claimed that Tesla was on the verge of achieving “full self-driving capability” so often that it is hard to believe him now.

Why Hardware And Software Synergy Is The Key To Driving The Future Of Innovation

This benefits customers by accelerating access to future vehicles that feature the latest technology while also enabling their current vehicles to be eligible to receive updates and improvements over time—unlocking additional value beyond the initial point of purchase. And for large enterprises, shorter development cycles with less ground-up engineering can equate to significant cost savings and allow more investment in innovation.

Beyond vehicles themselves, the tools, techniques and processes that are required to engineer and manufacture at scale are also benefitting from developments in the latest hardware technology. Advancements in raw material chemistry and processing, fabrication and physical sciences are leading to lighter, stronger and better-performing vehicle applications in parallel with greater connectivity.

As advancements in transportation technology continue to evolve, it’s important for companies to balance their focus on the continual development of both hardware and software technologies. Forgoing advancements in one without investing in the development of the other can lead to significant risks and missed opportunities for long-term success.