#AI Technology Playing Key Role in #Logistics and
Transportation; (NASDAQ: $TSLA) (CSE: $LLT.C) (OTC: $LLNKF) (TSX: $MG.TO)
(NYSE: $MGA) (NASDAQ: $SOLO)
Point Roberts, WA and Delta, BC - February 20, 2019
(Investorideas.com Newswire) Investorideas.com, a global investor news source
covering the tech sector looks at the future of transportation as autonomous
vehicles, electric cars, smart cars and advanced tracking technology all become
the new norm, thanks to innovation from AI, blockchain and other technologies.
Read this in full
at https://www.investorideas.com/news/2019/technology/02201Stocks-AI-Logistics.asp
You can’t talk about the future of transportation
without naming Tesla Inc. (NASDAQ:TSLA), founded in 2003 by visionary Elon Musk, who is
also looking at a whole new level of transportation with SpaceX.
Not satisfied with being the leader in electric
cars, the company also says, “All Tesla vehicles produced in our factory,
including Model 3, have the hardware needed for full self-driving capability at
a safety level substantially greater than that of a human driver.”
In the Tesla Fourth Quarter & Full Year 2018
Update in January they reported, ”In the past two years, Tesla vehicles have accounted
for all of the electric vehicle (EV) volume growth in the US. Even with the
radical EV growth in the second half of 2018, EVs still account for just 2% of
the total US market, and there remains a substantial opportunity for EVs to
continue to gain marketshare in the US and globally. Consumer purchases have
demonstrated that EVs are becoming a preferred option, as EVs in Q4 2018
outsold hybrid electric vehicles (HEVs) in the US for the first time in
history.”
But there are still some issues to work out for
Tesla, including logistics as Forbes reported, “Tesla Confronts
"Logistic Nightmares" For Model 3 Says Musk.” Tesla is to deliver up
to 400,000 vehicles world-wide this year, so it’s a problem that needs to be
resolved.
Litelink Technologies Inc. (CSE: LLT) (OTC: LLNKF), a key player in technology and artificial
intelligence within the logistics sector is hoping to bring new
technology solutions to the transportation industry. The company uses
artificial intelligence and predictive analytics to solve the logistics
industry’s fragmented and outdated technology problems.
The company recently released an update on its 1SHIFT Logistics platform. The 1SHIFT trials were planned with the
objectives of delivering the capability for a shipper to select amongst a
preferred set of carriers, and then track the shipment until successfully
delivered. A trucker will provide trip
status and flag any issues via the 1SHIFT mobile app to minimize the
communications with all parties and quickly resolve any obstacles for on-time
delivery.
“We have received
positive market feedback both on our web and mobile solutions to date. By getting our mobile app in the hands of
real truckers, we were able to make improvements that will significantly
improve user experience, reduce mobile data usage, and at the same time verify
our solution scalability and security.
This is exactly the type of product feedback we were looking for prior
to large-scale commercial launch,” states COO, Kent Churn. “Investing in an early alpha trial only helps
us improve what is not working, and validates what is working well.”
Magna International Inc. (TSX:MG.TO) (NYSE:MGA), one of the world's largest automotive suppliers
has industry roots going back to 1957 when it began working with General
Motors. Now the company says it’s racing to the future with new technology.
AT CES 2019, Magna introduced the company's future vision
of how electrification, autonomy and smart mobility intersect:
"At CES 2019, ‘Welcome to Mobility' is Magna's
vision of the future where electrification, autonomy and smart mobility are all
intertwined," said Magna CTO, Swamy Kotagiri. "Leveraging more than
60 years of experience designing and developing new technology, Magna helps
customers striving to change the entire vehicle experience, not just a few
components. We are excited to demonstrate this holistic advantage at CES."
Talking about electrification technology, Magna says, “Global automotive trends serve as our signposts
- and we have reached many milestones on our way to powertrain
electrification.”
Electrameccanica Vehicles Corp. (NASDAQ: SOLO), a designer and manufacturer of electric vehicles
with deep attachments in the automotive sector, recently said in an update to shareholders, “Our timing in
entering this exciting new market could not have been better. The automotive
industry is undergoing transformational changes throughout, with legacy
automakers being disrupted by new EV entrants who are uniquely providing
aspirational electric vehicles that consumers actually want to purchase.”
They also recently reported; ”Vehicle production
and delivery from the Zongshen factory will ramp up throughout 2019 and the
Company remains on track to commence deliveries of vehicles to customers.”
So what does the future hold? Experts predict that “A person in almost any major city for
example, could by 2040 be able to step out their front door to find waiting the
autonomous pod they ordered from a nearby multi- storey charging station only
minutes earlier.”
For investors following auto stocks and electric car stocks our site
has created a directory of publicly traded companies in addition to an AI stocks directory.
About Investorideas.com
Investorideas.com is a recognized news source
publishing third party news and press releases plus we create original
financial content. Learn about investing in stocks and sector trends
from Investorideas.com with our news alerts , articles , podcasts and videos talking about
cannabis, crypto, technology including AI and IoT , mining ,sports biotech, water, renewable
energy and more . Investorideas.com original branded content includes the daily Crypto
Corner and Podcast, Play by Play sports and
stock news column, Investor Ideas #Potcasts #Cannabis News
and Stocks on the Move podcast and column,
Cleantech and Climate Change Podcast and
the AI Eye Podcast and column
covering developments in AI.
Social Media
Disclaimer/Disclosure:
Investorideas.com :Our site does not make recommendations for purchases or sale
of stocks, services or products. Nothing on our sites should be construed as an
offer or solicitation to buy or sell products or securities. All investment
involves risk and possible loss of investment. This site is currently
compensated for news publication and distribution, social media and marketing,
content creation and more. Contact each company directly regarding content and
press release questions. Disclosure is posted for each compensated news
release, content published /created if required but otherwise the news was not
compensated for and was published for the sole interest of our readers and
followers. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp. Disclosure: this article featuring Litelink
Technologies Inc. is a paid for service on Investorideas.com – third party. Learn more about costs and our
services https://www.investorideas.com/News-Upload/
Additional info
regarding BC Residents and global Investors:: https://www.bcsc.bc.ca/release.aspx?id=6894.
Contact Investorideas.com 800-665-0411
