Robotics & Automation News

Market trends and business perspectives

ownership

‘Robotaxis will be disruptive to conventional taxis and ride-hailing, but not car ownership’, says new report

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Robotaxis remain one of the most pursued applications for autonomous vehicle technologies today, with many developers envisioning an end to – or at least a significant reduction in – car ownership.

Developers of autonomous vehicles, specifically those focused on Level-4 self-driving vehicles, often focus on mobility services as the first application.

Not only is there a demonstrated market for taxis and ride-hailing, but it’s a market where the high costs of labor create high prices, making it a ripe opportunity for autonomous vehicle deployment. [Read more…] about ‘Robotaxis will be disruptive to conventional taxis and ride-hailing, but not car ownership’, says new report

Non-Fungible Tokens in Video Games

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There have been many hundreds of groundbreaking developments in video games since their inception.

Still, sometimes an idea comes along that has the potential to change the future of gaming forever. One such idea is non-fungible tokens (NFTs).

Today, we will be looking at what NFTs are, how they work, and why they’re important. Let’s get started. [Read more…] about Non-Fungible Tokens in Video Games

Mitsubishi Electric launches ‘Melfa Assista’ series of collaborative robots

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Mitsubishi Electric has launched what is believed to be its first series of collaborative robots, which the company has named “Melfa Assista” (main picture).

The “RV-5AS-D” model of the cobot has a 5 kg load capacity and 6-axis movement.

The company says the robots can work collaboratively with humans based on safety features such as collision detection and strict compliance with the international safety and robotic standards ISO 10218-1 and ISO/TS15066.

The series also will introduce an intuitive engineering software, RT VisualBox, for “quick, easy system deployment”, says Mitsubishi. [Read more…] about Mitsubishi Electric launches ‘Melfa Assista’ series of collaborative robots

China’s auto mobility revolution: Going from ‘ownership’ to ‘usership’

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Gao Feng, a business consultancy headquartered in China, has released a new paper about the revolution in auto mobility in China. 

China’s unique set of urban transportation challenges, very high rate of adoption of mobile internet services, and rapid and aggressive introduction of alternative mobility solutions have combined to make China a global breeding ground for mobility innovation.

The deeply-rooted automotive industry business model is experiencing disruption.

Mobility needs previously satisfied through product “ownership” are increasingly being served through mobility services “usership”, with profound implications not only for traditional players within the value chain, but also for non-traditional players – as they enter and compete to deliver services.  [Read more…] about China’s auto mobility revolution: Going from ‘ownership’ to ‘usership’