Artificial Intelligence thread

tphuang

tphuang

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Wrought

Wrought

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Self-driving trucks have a lot of potential for commercial logistics. Cost reductions, labor reductions, safety improvements, etc.

Wei Cheng, fleet manager for the Shanghai region at YTO Express, said labor costs under a new business model using the technology would reduce by a third, and the intelligent rigs have cut fuel use by about 1 liter for every 100 kilometers. The logistics firm first ordered 300 trucks with Inceptio's system last year and plans to add another 400 this year, totaling about 10% of the fleet, he said. Inceptio CEO Julian Ma said it takes between 11 months and two years for the cost savings generated by his technology to pay for itself.

“This is a very healthy return that’s based on the saving of driver cost, the saving of the hiring and retention cost, the saving of the driver-management cost, and the saving of the fuel,” he said. Insurance premiums can also drop by 30%, he said. That’s helped the company quietly come to dominate in China. Inceptio’s technology is already used by most of the country’s biggest logistics companies, including YTO Express and SF Express, plus international firms like AB InBev’s Budweiser and Nestle. In total, more than 2,000 trucks, including 200 that Inceptio itself operates, have deployed with the driving system.
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