Elio Motors showed off its quirky, highly fuel-efficient, and cheap three-wheeled car way back at CES 2015, but the startup has struggled mightily since. Today, it has received a bit of a lifeline. Online retailer Overstock.com announced that it’s buying $2.5 million of newly issued shares of Elio’s common stock. (Elio shares are traded on… Continue reading Elio Motors gets a $2.5 million lifeline from Overstock.com
Author: The Verge Online News
How Tesla and Waymo are tackling a major problem for self-driving cars: data
There’s a race happening right now that stretches from Silicon Valley to Detroit and back: who can make a self-driving car that behaves better than a human driver? It’s a far harder task than it sounded even a few years ago because human drivers know a lot — not just about their cars but about… Continue reading How Tesla and Waymo are tackling a major problem for self-driving cars: data
Waymo and Honda reportedly will build a self-driving delivery vehicle together
Waymo has been negotiating a partnership with Honda since late 2016, when the company was still housed within Google. But now those talks are nearing completion, according to Bloomberg. And rather than moving people, as was the focus of Waymo’s deals with Fiat Chrysler and Jaguar Land Rover, the partnership with Honda will focus on… Continue reading Waymo and Honda reportedly will build a self-driving delivery vehicle together
Where’s Super Cruise in Cadillac’s two new cars?
Finally, Cadillac has an SUV to rival popular small luxury rivals such as the BMW X1 and Land Rover Range Rover Evoque. Based on the fact that SUVs are about the only Cadillacs anyone is buying these days, the 2019 XT4 should help get more foot traffic in showrooms. There’s just one thing: you can’t… Continue reading Where’s Super Cruise in Cadillac’s two new cars?
Uber won’t renew its permit to test self-driving cars in California
Uber will not renew its permit to test autonomous vehicles on public roads in California — further evidence that the company is pulling back from its aggressive plans to launch a self-driving service in the wake of a fatal crash in Arizona which resulted in the death of a pedestrian. In a letter, the California… Continue reading Uber won’t renew its permit to test self-driving cars in California
Faraday Future starts construction at its California factory while paying back some debts
Struggling EV startup Faraday Future has started demolition and construction at its Hanford, California factory and is gearing up to start production of its luxury electric SUV, according to a new video being published today. It’s one of the clearest (and only) public signs the company has given in recent months about where it stands… Continue reading Faraday Future starts construction at its California factory while paying back some debts
Ford’s SmartLink dongle adds an LTE hotspot and smart features to older cars
Cars have become feature-packed pieces of technology, but they’re not exactly the kind of thing you can (or want to) buy over and over again to keep up with the times. One aftermarket solution that makes older cars a little bit smarter is a dongle that plugs into the car’s onboard diagnostics, or OBD, port.… Continue reading Ford’s SmartLink dongle adds an LTE hotspot and smart features to older cars
Lyft is testing a Netflix-style monthly subscription plan
Lyft is testing monthly subscription plans for high-frequency users, a sign that the company is shifting toward a Netflix or Spotify model for transportation. The terms of the subscription models seem to vary, but appear targeted at users who spend up to $450 on ride-hailing a month. One all-access pass offered up to 30 standard… Continue reading Lyft is testing a Netflix-style monthly subscription plan
How Faraday Future’s former ‘savior’ plans to take on the EV market
As Faraday Future careened toward what looked like certain doom late last year, the man who was brought in to fix the company’s financial woes resigned. He was fed up, according to former employees, with facing resistance from the company’s founder (and now CEO) to his suggestions of how to stop the financial bloodletting. In… Continue reading How Faraday Future’s former ‘savior’ plans to take on the EV market
Aston Martin Lagonda concept car is breathtaking
Sometimes mere photos don’t do justice to the striking nature of an object, and Aston Martin’s Lagonda Vision Concept is one such thing. This concept car is a throwback to the old times when concept designers didn’t have to concern themselves with any measures of practicality or feasibility. It has lush carpets throughout, the seat… Continue reading Aston Martin Lagonda concept car is breathtaking