Why Is a $116B Mining Giant Backing a $10M Firm?

Rio Tinto rarely makes early-stage bets. Yet one small N. American firm earned its trust with projects in lithium, uranium, and titanium - all vital to U.S. defense and energy independence.

Japan's Nissan tests driverless vehicles in city streets filled with cars and people

YURI KAGEYAMA
March 10, 2025

YOKOHAMA, Japan (AP) -- The van makes its way slowly but surely through the city streets, braking gently when a car swerves into its lane. But its steering wheel is turning on its own, and there's no one in the driver's seat.

The driverless technology from Nissan Motor Corp., which uses 14 cameras, nine radars and six LiDar sensors installed in and around the vehicle, highlights Japan's eagerness to catch up with players like Google's Waymo that have taken the lead in the U.S.

Japan, home to the world's top automakers, has not kept pace with the global shift to autonomous driving, so far led by China and the U.S. But momentum is building.

Waymo is going to land in Japan this year. Details haven't been disclosed, but it has a partnership with major cab company Nihon Kotsu, which will oversee and manage their all-electric Jaguar I-PACE sport-utility vehicles, first in the Tokyo area, still with a human cab driver riding along.

During Nissan's demonstration, the streets were bustling with other cars and pedestrians. The vehicle stayed within the maximum speed limit in the area of 40 kph (25 mph), its destination set with a smartphone app.

Takeshi Kimura, the Mobility and AI Laboratory engineer at Nissan, insists an automaker is more adept at integrating self-driving technology with the overall workings of a car -- simply because it knows cars better.

"How the sensors must be adapted to the car's movements, or to monitor sensors and computers to ensure reliability and safety requires an understanding of the auto system overall," he said during a recent demonstration that took reporters on a brief ride.

Nissan's technology, being tested on its Serena minivan, is still technically at the industry's Level Two because a person sits before a remote-control panel in a separate location outside the vehicle, in this case, at the automaker's headquarters, and is ready to step in if the technology fails.

Nissan also has a human sitting in the front passenger seat during the test rides, who can take over the driving, if needed. Unless there is a problem, the people in the remote control room and the passenger seat are doing nothing.

Nissan plans to have 20 such vehicles moving in the Yokohama area in the next couple of years, with the plan to reach Level Four, which means no human involvement even as backup, by 2029 or 2030.

Autonomous vehicles can serve a real need given the nation's shrinking population, including a shortage of drivers.

Other companies are working on the technology in Japan, including startups like Tier IV, which is pushing an open source collaboration on autonomous driving technology.

So far, Japan has approved the use of so-called Level Four autonomous vehicles in a rural area in Fukui Prefecture, but those look more like golf carts. A Level Four bus is scuttling around a limited area near Tokyo's Haneda airport. But its maximum speed is 12 kmph (7.5 mph). Nissan's autonomous vehicle is a real car, capable of all its mechanical workings and speed levels.

Toyota Motor Corp. recently showed its very own "city" or living area for its workers and partnering startups, near Mount Fuji, being built especially to test various technology, including autonomous driving.

Progress has been cautious.

University of Tokyo Professor Takeo Igarashi, who specializes in computer and information technology, believes challenges remain because it's human nature to be more alarmed by accidents with driverless vehicles than regular crashes.

"In human driving, the driver takes responsibility. It's so clear. But nobody is driving so you don't know who will take responsibility," Igarashi told The Associated Press.

"In Japan, the expectation for commercial services is very high. The customer expects perfect quality for any service -- restaurants or drivers or anything. This kind of auto-driving is a service form a company, and everybody expects high quality and perfection. Even a small mistake is not acceptable."

Nissan says its technology is safe. After all, a human can't be looking at the front, the back and all around at the same time. But the driverless car can, with all its sensors.

When a system failure happened during the recent demonstration, the car just came to a stop and all was well.

Phil Koopman, professor of electrical and computer engineering at Carnegie Mellon University, believes the autonomous vehicle industry is just getting started.

The main problem is what's known as "edge cases," those rare but dangerous situations that the machine has not yet been taught to respond to. Using autonomous fleets of a significant size for some time is needed for such edge cases to be learned, he said.

"We will see each city require special engineering efforts and the creation of a special remote support center. This will be a city-by-city deployment for many years," said Koopman.

"There is no magic switch."

___

Yuri Kageyama is on Threads: https://www.threads.net/@yurikageyama

Continue Reading...

Popular

Cipher Mining Stock Pops As JPMorgan Moves To Overweight

Cipher Mining shares are rising Monday after JPMorgan upgraded the stock to Overweight and raised its price target to $18.

Bitcoin At $87K While Fear Grips Crypto Markets

Bitcoin (CRYPTO: BTC) is trading around $87k, and the mood in crypto markets? It’s dark, like 2022 bear market dark.

The Market Just Crossed a Dangerous Line - Ad

The man who predicted the 2008 crash and 2020 says today's soaring markets are NOT a bubble - they're something far stranger and more dangerous. He says it's about to change everything you know about money.

EPAM Confident On Growth, Initiates $1 Billion Stock Buyback

EPAM Systems (EPAM) stock gained 4.41% after reporting strong third-quarter 2025 results, with sales of $1.394 billion.

Marjorie Taylor Greene Buys Blue Chip Stock Near 52-Week Low

Marjorie Taylor Greene is known for buying multiple stocks at a time, based on recent disclosures. A new filing shows one stock bought in November.

The Tesla Shock Nobody Sees Coming - Ad

While headlines scream "Tesla is doomed"...Jeff Brown has uncovered a revolutionary AI breakthrough buried inside Tesla's labs. One that is helping AI escape from our computer screens and manifest itself here in the real world all while creating a 25,000% growth market explosion starting as early as January 29.

Trump-Pardoned Ponzi Schemer Faces 37-Year Sentence For $44 Million COVID Scam

A previously convicted Ponzi schemer who had received a pardon from President Trump is heading back to prison due to involvement in a new fraudulent scheme.

CleanSpark Stock Jumps After JPMorgan Upgrade — Here's What Sparked The Move

CleanSpark, Inc. (NASDAQ:CLSK) shares are trading higher after JPMorgan upgraded the stock from a Neutral rating to an Overweight rating.

Global Demand for Defense Metals Is Surging 7X - Ad

Lithium, uranium and titanium are at the center of a global race. Nations are scrambling to secure them for fighter jets, EVs, and reactors. One N. American project could help fill the West's critical-minerals gap.

Autopilot App, Inspired by Pelosi's Stock Trades, Now Manages $1 Billion

Autopilot, an application that monitors the stock trades of prominent individuals, has secured $8 million in funding to broaden its operations.

These are the 37 donors helping pay for Trump's $300 million White House ballroom

WASHINGTON (AP) — President Donald Trump says his $300 million White House ballroom will be paid for “100% by me and some friends of mine.”

The U.S. Wants Metal Independence - And This Nevada Opportunity Fits the Moment - Ad

Washington's push for domestic copper, silver, gold, and tungsten is reshaping the resource landscape. Their neighbor's multi-metal hits, supported by $6M in federal funding and a 300%+ YTD surge, confirmed this Nevada corridor is the right kind of ground. Now another early-stage explorer has stepped into the same trend as interest accelerates.

Bernie Sanders Says Shutdown Fight Is About Trump Giving Trillion-Dollar Tax Breaks To 'Mr. Musk, Mr. Bezos' And Other Billionaires: 'Must Not Cave'

Sen. Bernie Sanders blamed President Donald Trump's billionaire-focused tax cuts for causing the record-breaking government shutdown, urging Democrats "not to cave" as the Senate moves toward a vote to reopen the government.

Amazon Strikes $38B OpenAI Deal, Wedbush Hikes Target To Street-High

Wedbush analysts Dan Ives and Scott Devitt raise the price target on Amazon stock from $330 to a Street high of $340

Elon's Optimus to Mint New "Musk Millionaires" as Soon as Jan 26? - Ad

Elon Musk may be set to create more "Musk Millionaires" as soon as January 26... Because on that day, he's expected to officially launch his Optimus robot... An AI-powered robot that Elon himself says will be capable of "doing anything bar nothing". Now, it's important to point out that Elon hasn't released it to the public yet... But ahead of the launch, one Silicon Valley insider has identified a "backdoor way" for any American to invest in Optimus with a regular brokerage account...

Trump Withdraws Support For 'Wacky' Marjorie Taylor Greene In Sudden, Fiery Split: 'I Can't Take...'

President Donald Trump said he is withdrawing his endorsement of longtime ally Rep. Marjorie Taylor Greene — here's what happened.

Flight cancellations and delays worsen as government shutdown drags on

NEW YORK (AP) — The pain Americans are facing at airports across the country is expected to get worse this week if Congress is unable to reach a deal to reopen the federal government.

Trump Signs Law to Launch Dollar 2.0 - Ad

Trump just signed law S.1582, unleashing the biggest money shift in 100+ years. For the first time since 1913, private firms - not the Fed - can mint a "Dollar 2.0." Treasury says it could drain $6.6T from banks and pay 10X current savings rates. Early investors in minting firms could see 40X returns by 2032.

Cathie Wood Bets Big On These Stocks As Bitcoin, Ethereum Crash —Dumps Instagram Rival

On Tuesday, Cathie Wood-led Ark Invest made significant trades, notably increasing its holdings in Bullish (NYSE:BLSH), Coinbase Glo

Elon's New Device Could Launch Biggest IPO of the Decade - Ad

Elon Musk's new device is being called a "game-changer"-and even the White House is using this tech. Jeff Brown says it could launch Musk's next trillion-dollar company and make early investors rich. You can claim a stake now for as little as $500.

Cameron Winklevoss Digs Up News Report From 2013 To Make A Point About Bitcoin: 'You Will Miss Out On The World's Greatest Opportunities...'

Gemini co-founder Cameron Winklevoss took potshots Sunday at the British daily newspaper Financial Times for its 12-year-old article that predicted Bitcoin (CRYPTO: BTC) would become the next “bubble.”

UPS cargo plane with 3 aboard explodes on takeoff at Louisville airport, igniting huge fire

LOUISVILLE, Ky. (AP) — A large UPS cargo plane with three people aboard crashed Tuesday while taking off from an airport in Louisville, Kentucky, igniting an explosion and massive fire that left a thick plume of black smoke over the area.

America Wants Less Reliance on Foreign Metals - And This Nevada Play Fits the National Shift - Ad

The U.S. is working to reduce dependence on China and Russia for strategic metals like copper, silver, gold, and tungsten. Guardian Metal's recent results confirmed these metals are active in this Nevada corridor - and its stock is up 300%+ YTD. A new explorer on the same belt is entering early as America pivots back to domestic supply.

Hedera Gets Its First ETF: Canary's HBAR Fund Lets Investors Tap Into The Tokenization Boom

Canary Capital Group’s new fund, the Canary HBAR ETF (NASDAQ:HBR), launched on Oct 28, marking a significant expansion of investors’ access to digital assets outside of Bitcoin and Ethereum.

Legally "Skim" $6,361 Into Your Account? - Ad

A former hedge fund manager is now sharing his "Skim Codes" with regular people. They're not stocks. They're not crypto. They're 18-character codes designed to profit from recent market conditions. All you have to do is punch them into an ordinary brokerage account. 84% of these codes have given people the chance to generate cash payouts so far... and his next code is going out any day now.

Asian shares trade mixed after AI darlings prop up Wall Street

TOKYO (AP) — Asian shares were trading mixed on Tuesday after overseas markets got a big lift from optimism over AI technology.

Zohran Mamdani Says No More Thanking Veterans Today, Forgetting Tomorrow — Trump, Obama And Others Express Gratitude For Service

America's top political and tech leaders — including Donald Trump, Barack Obama, Tim Cook, and Sundar Pichai — marked Veterans Day 2025 with tributes honoring the courage and sacrifice of U.S. service members.

Why Is a $116B Mining Giant Backing a $10M Firm? - Ad

Rio Tinto rarely makes early-stage bets. Yet one small N. American firm earned its trust with projects in lithium, uranium, and titanium - all vital to U.S. defense and energy independence.

AT&T reached a $177M data breach settlement. What consumers should know about claiming their money

NEW YORK (AP) — AT&T has reached a combined $177 million settlement over two . And impacted consumers have a little over a month left to file a claim for their chunk of the money.

What Taxpayers Need To Know Now That The IRS Has Scrapped Direct File For 2026

IRS Direct File, free online tax-filing tool launched by Biden, won't be offered next year despite 296,531 users in 2025. Republicans criticize as wasteful, but supporters say it saves time and money. Taxpayers can still use private software or IRS Free File for eligible filers.

The Market Just Crossed a Dangerous Line - Ad

The man who predicted the 2008 crash and 2020 says today's soaring markets are NOT a bubble - they're something far stranger and more dangerous. He says it's about to change everything you know about money.

The Tesla Shock Nobody Sees Coming - Ad

While headlines scream "Tesla is doomed"...Jeff Brown has uncovered a revolutionary AI breakthrough buried inside Tesla's labs. One that is helping AI escape from our computer screens and manifest itself here in the real world all while creating a 25,000% growth market explosion starting as early as January 29.

How Gary Sinise is helping the nonprofit CreatiVets build ‘a place to go when the PTSD hits’

NASHVILLE (AP) — Richard Casper shakes his head as he touches one of the boarded-up windows in the once-abandoned church he plans to transform into a new 24-hour arts center for veterans.

Global Demand for Defense Metals Is Surging 7X - Ad

Lithium, uranium and titanium are at the center of a global race. Nations are scrambling to secure them for fighter jets, EVs, and reactors. One N. American project could help fill the West's critical-minerals gap.

The shutdown has disrupted air travel. Will that drive a surge in car rentals and train bookings?

NEW YORK (AP) — The U.S. has rattled air travel — most recently with an unprecedented effort from the Federal Aviation Administration at airports nationwide. And the disruptions are causing some to instead hit the road or buy a train ticket.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright traderelite.club
Privacy Policy | Terms of Service