DETROIT — Perched at the top of McLaren Automotive’s product lineup is the Ultimate Series, an elite group of hypercars built in scarce production runs with prices that start in the high six figures. That’s far out of reach for most of the North American vehicle market, but McLaren is expanding the segment rapidly —… Continue reading McLaren adds models to Ultimate Series – Automotive News
Author: Google News Scanning
Autocar confidential: Volkswagen’s cut-price EV, JLR’s Twitter sports car and more – Autocar
In this week’s round-up of automotive gossip, we scrimp with Volkswagen’s budget EV, chat sports cars with Mercedes, hear from Mazda on motorshows and more. VW’s V Affordable EV Volkswagen’s budget electric vehicle is on track for a 2023 launch and will cost under £18,000, VW CEO Herbert Diess has confirmed. “We have to do it and… Continue reading Autocar confidential: Volkswagen’s cut-price EV, JLR’s Twitter sports car and more – Autocar
Audi Targets 9,500 Jobs to Boost Profit – The Wall Street Journal
BERLIN—Luxury-car maker Audi AG said it would eliminate 9,500 jobs over the next five years as part of a restructuring aimed at bolstering profit in a slowing global auto market. The overhaul is expected to reap savings of roughly €6 billion ($6.6 billion) through 2029, a large part intended to finance Audi’s move away from… Continue reading Audi Targets 9,500 Jobs to Boost Profit – The Wall Street Journal
Chinese electric car maker WM Motor targets $1 billion funding round – CNBC
Chinese electric carmaker WM Motor is seeking up to $1 billion in funding within the next six months as it targets one new model a year. The aspiring Tesla rival completed its series-C funding round in the first quarter of 2019, and is now looking to secure its series-D financing “hopefully in the next six… Continue reading Chinese electric car maker WM Motor targets $1 billion funding round – CNBC
Ouster Lidar Powers Next Generation Security and Safety Solutions – Business Wire
SAN FRANCISCO & NEW YORK–(BUSINESS WIRE)–Ouster, Inc., a leading provider of high-resolution lidar sensors for autonomous vehicles, robotics, security, and mapping introduced its lidar-enabled security solutions at the International Security Conference & Exposition East conference in New York. Ouster’s security solution detects, classifies, and tracks potential security risks across multiple environments, including factories, ports, corporate… Continue reading Ouster Lidar Powers Next Generation Security and Safety Solutions – Business Wire
BMW reveals i4 electric car in testing, promises nearly 400 miles of range – The Verge
BMW has been teasing the i4 electric car for years, and now the German automaker has released camouflaged photos of the sedan being tested in winter weather conditions ahead of a 2021 release. The company also started teasing some eye-popping specs — namely, 600 kilometers (373 miles) of range and 530 horsepower. The range is… Continue reading BMW reveals i4 electric car in testing, promises nearly 400 miles of range – The Verge
Wayve’s self-driving car is proving to be a fast learner – The Times
working life A London-based tech firm is taking a different approach to autonomous motoring Alex Kendall and Amar Shah, Wayve’s co-founders, believe that their machine learning technology will prove more easily adaptable than options being pursued by Elon Musk and othersFIONA HANSON Where are all the self-driving cars? Elon Musk, whose electric car company is… Continue reading Wayve’s self-driving car is proving to be a fast learner – The Times
Chinese auto executive identifies what’s holding back self-driving cars – CNBC
A Guangzhou Automobile Group Co. (GAC) Witstar autonomous concept electric vehicle, shown in 2015. Daniel Acker | Bloomberg | Getty Images The technology behind self-driving cars has advanced in recent years, but the vehicles still have a long way to go before becoming a common feature on the roads, said an executive from a a… Continue reading Chinese auto executive identifies what’s holding back self-driving cars – CNBC
Zoox CTO Jesse Levinson explains its advantage over Waymo – Business Insider
The autonomous-driving startup Zoox has a promising but challenging business model. The company is developing a new kind of electric vehicle designed specifically for autonomy. Making a custom vehicle will give customers a safer and more enjoyable experience, Zoox CTO and cofounder Jesse Levinson told Business Insider. The company is also focused on urban ride-hailing,… Continue reading Zoox CTO Jesse Levinson explains its advantage over Waymo – Business Insider
GM patented a machine-learning-powered auto stop/start system – CNET
Many GM products won’t even let you turn auto stop/start on or off, so a patent improving the system is a good thing. Juan Garzón/CNET Automatic start/stop systems have been pretty common on cars for a few years thanks to their ability to save a surprising amount of fuel and the reduction in emissions that… Continue reading GM patented a machine-learning-powered auto stop/start system – CNET