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Stock impact report

Wayve's self-driving tech is headed to Nissan vehicles [TechCrunch]

Tesla, Inc. (TSLA) 
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
Company Research Source: TechCrunch
for the buzzy UK startup that has raised more than $1.3 billion from Nvidia, Microsoft, SoftBank Group, and Uber Nissan will integrate Wayve's software as well as sensors, including lidar from an undisclosed supplier, into its ADAS system known as ProPilot. The Japanese automaker said the system will set a “new standard for autonomous driving with advanced collision avoidance capability.” Nissan said the system being developed for mass production by 2027 will be a Level 2 system operating under driver supervision. Nissan didn't disclose which models the system would be available in. Level 2, as defined by the Society of Automotive Engineers, means the system can automate multiple driving tasks such as steering and braking, but still requires a driver to maintain control at all times. Wayve, which launched in 2017, has garnered attention and investors for its automated driving system, which is self-learning versus rules-based, similar to Tesla's approach. Wayve has developed its Show less Read more
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