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It turned out to be a four-lane road in the middle of the Egyptian desert. It was baking hot.
And my cab had broken down.
I was an idiot to take this taxi to begin with. The ramshackle car looked like it'd break down at any given time.
But, I had to get to the Aswan airport quickly, and this was the only taxi I could find. So, I jumped .
My driver seemed somewhat shifty, and I'd been warned to look out for setups where I could get robbed, kidnapped for ransom or even extorted for cash.
And now I was in the midst of nowhere with a motorist I did not trust.
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The driver was attempting to get the car started . Was I about to have robbed... or kidnapped?
Fortunately, nothing happened. The motorist literally wired the automobile into starting again.
But very soon, we won't need to worry about the character of the person driving a vehicle... or the dependability of the automobile.
That is because self-driving automobiles have gone out of a wacko sci-fi-like idea that most people thought could take 10 or 15 years to come... into something that we are seeing on streets now.
Last week, ride-share company Uber introduced its self-driving car in Pittsburgh. Uber's cars are Volvo XC90 SUVs retrofitted with electronic components which make them self-driving.
Now, it is still early in the development of the technology. Uber's cars will in fact be manned by a man or woman who can take control of the vehicle once it strikes a situation that it is not programmed for or if there is a crisis. It's a bit like autopilot to a plane using a person in the controls only in case.
Uber's self-driving initiative will have 100 cars as taxis from the streets of Pittsburgh. If you use the Uber app, you could get a self-driving car sent to the same way you do now when setting a ride request.
Uber is seeking to test the technology on passengers, pedestrians and other motorists in real-life, real time conditions... and get information to correct and improve everyone's experience of working with these cars.
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Self-Driving Cars: Over a Fad
Many people are skeptical about self-driving cars working out. They consider that it's a technological trend. And if it does work out, it'll take 20 or 25 years to pan out.
As for me, I feel that self-driving automobiles will become a usable fact in another three to five years. For sure, it'll be a novelty at first, like many new technologies experiences of yesteryear. However, the ease of being able to bring a car ride to your destination without having to worry about traffic, routes, weather hazards, injuries, road anger, annoyance, boredom or possible threats from the driver is a powerful factor that is likely to create self-driving cars a massive hit product.
With a massive hit product, I mean that it'll take off and be something that people take to in the exact same manner that people took to the iPhone and iPad.
And obviously the stock exchange agrees with me.
That is why you're seeing stocks associated with self-driving cars like Nvidia shoot up by 175% in the last year. Another success story is Mobileye, which is up 80% since February.
The keys to self-driving automobiles are sensors and information... and computers to process this data. These items form the essence of a revolution that's taking place right now called the Web of Things trend. And it is going to alter the way we transfer ourselves round the world.
There's big money to be made equally in self-driving cars and the Internet of Things trend. But you can't buy into Uber directly because it is a private company. And you can not blindly purchase stocks such as Nvidia and Mobileye without doing proper research.
One way you can get in is to purchase the VanEck Vectors Semiconductor ETF (NYSE Arca: SMH), which has broad exposure to self-driving cars and the Internet of Things mega trend.
You can see more at https://www.pinterest.com/EcodrivingUSA/