Volkswagen Group is teaming up with self-driving technology company Aurora to bring its autonomous fleets to life. The company's Chief Digital Officer, Johann Jungwirth, joins Cheddar to discuss everything the new partnership makes possible. He explains why the main goal of the collaboration is to bring "mobility as a service" to cities around the world.
Mobility as a service refers to using self-driving vehicles to make lives easier, more efficient, and safer. Jungwirth reveals how VW Group's self-driving concept "Sedric" will improve the lives of those in need, including the blind and handicapped. He also speaks to how the company plans on integrating the technology into its fleet.
Finally, he demos the Volkswagen One Button that puts self-driving transportation at the touch of a button. The sleek device allows users to signal cars to come to their exact locations. It even is set to come in a variety of colors including silver and gold.
Tesla reported record profits for an electric fourth quarter, but investors still have plenty of questions. The EV giant will not be releasing any new vehicles this year and provided no updates on its Cybertruck. Cheddar News was joined by Ed Butowsky, Chapwood Investments Managing Partner to go over Tesla's quarter and analyze its concerns going forward.
Julius De Kempenaer, Senior Technical Analyst at Stockcharts.com, joined Cheddar News to break down what led to Apple's massive quarter, and what the future may hold for the tech giant as competition with Microsoft ramps up.
NFT art platform TRLab recently raised $4.2 million in funding. TRLab launched just last year but says its platform focused on NFT curation and distribution is growing quickly. The company hopes to bridge traditional and digital art worlds and help artists explore NFTs as an emerging medium. TRLab co-founder and chairwoman Xin Li-Cohen and co-founder and CEO Audrey Ou joined Cheddar News' Closing Bell to discuss.
