Companies Team to Accelerate Development of Driverless Trucks for China’s Logistics Market Velodyne Lidar, Inc.(Nasdaq: VLDR, VLDRW) today announced a strategic partnership with Beijing Trunk Technology Co., Ltd. (Trunk.Tech). The companies will collaborate in developing next-generation autonomous heavy trucks and to accelerate commercialization of driverless trucks in China’s logistics market. Velodyne Lidar and Trunk.Tech will collaborate in developing next-generation autonomous heavy trucks and to accelerate commercialization of driverless trucks in China’s logistics market. (Photo: Trunk.Tech) Velodyne and Trunk.Tech will cooperate on lidar-enabled products that meet the demanding requirements of high-speed transportation logistics. These solutions will strengthen object awareness and detection capabilities of unmanned heavy trucks and are designed to promote rapid, large-scale vehicle production in a cost-effective, efficient way. Trunk.Tech has close cooperation with commercial vehicle OEMs to produce driverless trucks and ensure the vehicles comply with vehicle safety regulations. Trunk.Tech is the first company in China to independently develop SAE Level 4 driverless trucks, based on its own powerful driverless hardware and software systems. It uses Velodyne’s lidar, includingUltra Puck™,Puck™andVelarray H800sensors, as core sensor hardware in its autonomous trucks. Trunk.Tech selected Velodyne due to sensor quality, performance and mass production capacity. "Autonomous trucks can supplement labor gaps, save fuel costs and enhance logistics, as well as improve transportation safety and help reduce truck accident rates," said Dr. Zhang TianLei, CEO, Trunk.Tech. "Velodyne sensors, combined with our multi-sensor fusion algorithms, enable trucks to achieve high-precision, long-range real-time sensing to support autonomous driving on complex road environments.
according to marketwatch - but it may not be correct. Fintel.io show's a short volume ratio of only 15%
I've noticed this has become a problem lately getting the correct info. Often I am finding average volume trends that differ from site to site. In these times it's almost refreshing to see a stock do a classic move OPK got as high as $5.40 - OPKO Health, Inc. (OPK) BUY ME-! NasdaqGS - NasdaqGS Real Time Price. Currency in USD $5.22+0.20 (+3.98%)<--- As of 3:40PM EST.
It's not just Robin Hood some of these same names are turning up on Fidelty's most active I think it's more about this Reddit. And the SEC has to be freaking out.
Does anyone have a good read on the stock BIOL Biolase? I bought some a day or two ago and I don't really know why. Might have liked the chart? Now it's up 34% on the day and one habit I have as a trader is selling the first second something has a profit. Normally I would be wildly pressing sell, but these days I do that and then I find out it goes up 100% the next day.