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Apple to start testing self-driving car technology in California
Posted on 15th April 2017
Apple will begin testing self-driving car technology in California, its first public move into a highly competitive field that could radically change transportation.

The California Department of Motor Vehicles awarded Apple a permit to test autonomous vehicles on Thursday and disclosed that information on its website. A spokesman for the department said the permit will cover three vehicles all 2015 Lexus RX 450h hybrid SUVs — and six individual drivers. The state requires a human behind the wheel during such testing.

Apple confirmed that it will begin testing self-driving technology in the state, but provided no details. It pointed to a December statement it provided to federal regulators that stated Apple is investing heavily in "machine learning and autonomous systems" and noted "many potential applications" for these technologies.


Other Latest News
Apollo Hospitals hits 34-month low
Posted on 17th August 2017
 
Apollo Hospitals Enterprise has slipped 7% to Rs 1,069, its lowest level since October 23, 2014 on BSE, in an otherwise firm market.

The National Pharmaceutical Pricing Authority (NPPA) on Wednesday fixed the price for primary knee replacement of titanium alloy at Rs 38,740 while the price for revision knee replacement of any material was pegged at Rs 62,770.


 
Seoul: Hyundai Motor Co. said on Thursday it will launch a long-range electric vehicle with a driving range of 500km (311 miles) per charge after 2021, seeking to address investor concerns that it is lagging rivals in the green car race.

The automaker and affiliate Kia Motors Corp., which together rank fifth in global vehicle sales, also said they are planning 31 eco-friendly models by 2020, up from a previously flagged 28. The new additions include three plug-in hybrid vehicles, which come on top of eight battery-powered cars and two fuel-cell vehicles.


 
New Delhi: The country’s largest carmaker Maruti Suzuki India (MSI) on Thursday launched a sporty version of its mid-sized sedan Ciaz with petrol variant tagged at Rs9.39 lakh (ex-showroom Delhi).

The diesel smart hybrid trim of the ‘Ciaz S’ version, which comes with all new premium black interiors with grey chrome finishing, is priced at Rs11.55 lakh.


 
Bengaluru: HDFC Bank on Thursday cut interest rates on most of its savings accounts to 3.5% from 4%.

Customers with savings bank account balance of Rs50 lakh and above will continue to earn interest at 4% per annum, the lender said in a statement.


 
Mumbai: Engineering major Larsen & Toubro Ltd (L&T) on Wednesday said it has agreed to sell its entire stake in its unlisted unit L&T Cutting Tools Ltd to IMC International Metalworking Companies BV, owned by Berkshire Hathaway Inc., for Rs174 crore.

L&T Cutting Tools, incorporated in 1952, manufactures fabricated metal products.


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