Enlarge / Anthony Levandowski, then VP of engineering at Uber, speaking to reporters at the Uber Advanced Technologies Center on September 13, 2016 in Pittsburgh, Pennsylvania. ANGELO MERENDINO/AFP/Getty Images Anthony Levandowski, one of the most controversial figures in the self-driving car business, is connected to a new driverless truck startup, TechCrunch has reported. Called Kache.ai,… Continue reading Exec accused of stealing Waymo’s trade secrets starts new self-driving company
Author: Google News Scanning
Lucid Motors factory in Casa Grande drives closer to a reality
After more than a year since its initial announcement, Lucid Motors announced on April 25th that production of vehicles in Casa Grande, Arizona will begin in two years. The city was left in limbo for approximately 18 months as Lucid sought to secure $700 million in Series D funding. The two-year time frame comes from the estimated time and… Continue reading Lucid Motors factory in Casa Grande drives closer to a reality
Lyft Buys Company Behind Citi Bike, Joining Bike-Rental Business
Terms of Service Violation Your usage has been flagged as a violation of our terms of service. For inquiries related to this message please contact support. For sales inquiries, please visit http://www.bloomberg.com/professional/request-demo If you believe this to be in error, please confirm below that you are not a robot by clicking “I’m not a robot”… Continue reading Lyft Buys Company Behind Citi Bike, Joining Bike-Rental Business
Driverless car project launched
A new collaborative partnership designed to bring forward driverless car technology has been launched. VENTURER Alliance has been created to continue the pioneering work of the innovative £5m UK government co-funded VENTURER research and development project. The partnership is made up of Atkins (a member of the SNC-Lavalin group), AXA UK, BAE Systems, Bristol City… Continue reading Driverless car project launched
Hyundai Eyes Contract Manufacturing to Cut Costs
Hyundai Motor Group is taking a cautious approach to launching a Korean vehicle on a contract-manufacturing basis in a plant not owned by the automaker. Hyundai announced June 1 it was studying buying into a proposed plant to be built in the city of Gwangju’s Bitgreen National Industrial Complex. The plant would be operated by… Continue reading Hyundai Eyes Contract Manufacturing to Cut Costs
Lyft raises $600m in new funding at $15.1bn valuation
Lyft raises $600m in new funding at $15.1bn valuation Financial Times Lyft gets $600M richer with new funding CNET Lyft is now worth $15.1 billion CNBC Lyft’s Valuation Doubles to $15.1 Billion Over One Year in Battle With Uber Wall Street Journal Full coverage Go to Source Go to Source
Mercedes Stops Current PHEV Production To Make Way For Third Generation Cars
June 24th, 2018 by Steve Hanley Mercedes offers PHEV versions of its S, C, and E Class vehicles as well as an electrified version of the GLE. But it has now pulled the plug — so to speak — on every one of them while it tools up to replace them with its third generation… Continue reading Mercedes Stops Current PHEV Production To Make Way For Third Generation Cars
LiDAR startup Luminar hires former Fitbit and Apple execs
LiDAR company Luminar and its whiz founder Austin Russell burst onto the autonomous vehicle startup scene last April after operating for years in secrecy. Now, Luminar has nabbed two high-profile hires that signal its grander ambitions in the race to develop and deploy autonomous vehicles. Luminar announced Thursday it has hired Fitbit executive Bill Zerella as… Continue reading LiDAR startup Luminar hires former Fitbit and Apple execs
Karma plug-in supercar comes back with new ownership, updates
LOS ANGELES (KABC) — In early 2012, a new plug-in exotic sedan was launched called the Fisker Karma. The curvy 4-door was the brainchild of veteran auto designer Henrik Fisker. But supplier problems and the lingering effects of the great recession and auto crisis sent Fisker Automotive into bankruptcy, and the Karma went away almost… Continue reading Karma plug-in supercar comes back with new ownership, updates
Geely: Higher tariffs will hurt Volvo Car customers globally
Li Shufu, chairman of Zhejiang Geely, which owns Volvo Car, said on Thursday higher tariffs on imported cars resulting from escalated trade tensions between the United States, Europe and China will ultimately hit end users of the high-end Swedish vehicles. Li, who is also chairman of Volvo Car, was speaking at a Belt and Road… Continue reading Geely: Higher tariffs will hurt Volvo Car customers globally