New travel week hot 丨 Apple updates new patents for autonomous driving, and Volkswagen will use Qualcomm SoC chips

Per reporter: Cui Zhiming Per editor: Pei Jianru

Hot spot one: Apple updates new patents for autonomous driving

Recently, Apple (AAPL.O) updated a patent called "Using Intent Signals to Guide Self-Driving Cars Near Destinations." The patent is designed to help self-driving car passengers park accurately after arriving at their destination, and passengers can do automatic parking by operating the touch screen of a smartphone and a voice recognition system such as Siri.

Image source: Daily Economic News Infographic

Comments: The update of the new patent shows that Apple is trying to build a new model that is smarter than the vast majority of cars on the market.

Hot spot two: Huawei's new patent can predict pedestrians passing through

On May 3, Huawei Technologies Co., Ltd. applied for the publication of a patent for intelligent driving technology, the full name of which is "a method, device, device, and vehicle for estimating pedestrian travel intent."

According to relevant information, the embodiment of the patent is to "obtain the status information of at least one pedestrian around the vehicle, calculate the surface intention of the first pedestrian at the first moment according to the state information of the first pedestrian at the first moment and the deep intention of the first pedestrian at the second moment, so as to obtain a surface intention estimate result with high accuracy, real-time and accuracy, and then determine whether the first pedestrian is crossing the road at the first moment according to the surface intention of the first pedestrian at the first moment." ”

Image source: Per reporter Li Xing photographed (data map)

Comments: With the rapid development of intelligent driving technology, many technologies that previously seemed impossible to complete have been applied. It can be expected that more technological breakthroughs will change consumer perceptions in the future.

Hotspot three: Volkswagen will use Qualcomm SoC chips

On May 4, CARIAD, a software company owned by the Volkswagen Group, announced that it will select Qualcomm Technologies to provide system-on-chips (SoCs) for the CARIAD software platform, aiming to achieve assisted driving and autonomous driving functions up to L4 level, allowing vehicles to handle a variety of driving situations without human intervention in most cases. It is understood that Qualcomm's SnapdragonRide platform portfolio, SoC, will become an important hardware component of carIAD's standardized and scalable computing platform to support models launched by volkswagen group from around 2025.

Image source: Per reporter Li Xing photographed (data map)

Comments: As a traditional car giant, Volkswagen is facing transformation pressure, or hopes to achieve a breakthrough in automotive hardware and software collaboration and automotive intelligence through cooperation with Qualcomm.

Hot Spot Four: Uber's first-quarter net loss was $5.93 billion

Before the U.S. stock market on May 4, UBER, the leader of U.S. ride-hailing vehicles. N) announced its first quarter 2022 financial results. According to the first quarter report, Uber's revenue in the first quarter of this year was $6.854 billion, compared with $2.903 billion in the same period of 2021, an increase of 136% year-on-year. By business, ride-hailing revenue was US$2.518 billion, up 195% year-on-year; food delivery revenue was US$2,512 million, up 44% year-on-year; freight revenue was US$1.824 billion, compared to US$301 million in the same period last year.

Despite significant revenue growth, Uber reported a net loss of $5.93 billion in the first quarter. This was primarily due to a $5.6 billion pretax loss and $359 million in stock-based compensation expense related to equity investments, compared to Uber's loss of $108 million for the same period in 2021.

Image source: Visual China

Comments: After Uber's main business meets growth expectations, the company can achieve net profit growth by controlling costs and adjusting the proportion of order commissions. In addition, the loss of equity investment is a floating loss on the books, and the actual investment income can only be calculated after the sale of the relevant equity.

Hot spot five: Lyft's stock price fell sharply after announcing a quarterly report

Recently, the American ride-hailing company Lyft (LYFT. N) announced its first quarter 2022 financial results. Lyft is one of the largest transportation network companies in the United States and Canada, and Lyft's transportation network integrates carpooling, bicycles, scooters, car rentals, transportation, and vehicle services into one application.

First quarterly reports showed Lyft's first-quarter revenue of $875.6 million, up 44 percent from $609 million in the year-ago quarter, but down 10 percent from $969.9 million in the previous quarter; and a net loss of $196.9 million, narrowed from a net loss of $427.3 million in the year-ago quarter and narrowed from a net loss of $283.2 million in the previous quarter.

In addition, Lyft expects adjusted EBITDA (EBITDA) in the second quarter of this year to be between $10 million and $20 million, far below the $54.8 million in the first quarter. At the close of trading on May 4, Lyft shares were fixed at $21.56, a one-day plunge of 29.91%, a new low since October 2020; may 5, closing at $22.03, rebounding 2.18%,; and may 6, a sharp decline of 6.9%, closing at $20.51.

Comments: The second quarter performance guidance is not as good as the market expectations, which may be the reason for the sharp decline in Lyft's stock price; but the actual operating data in the second quarter may also exceed Lyft's own expectations, which will trigger a stock price rebound.

Daily economic news