Autonomous vehicle companies and suppliers have collectively spent about $75 billion developing self-driving technology, with scant sign of meaningful revenue emerging from AV services after all that investment. This has spelled disaster for Aurora Innovation, TuSimple Holdings and Embark Technology, whose shares have each plunged at least 80 percent this year. It’s no wonder Intel… Continue reading The auto industry’s $75B bet on autonomy is not paying off – Automotive News Europe
Author: Interview Scanning Online
GM president hints at strategy disagreement with departed Cruise CEO Dan Ammann – CNBC
Cruise Automation COO Dan Kan (l to r), Cruise Automation CEO Kyle Vogt and General Motors President Dan Ammann Tuesday, November, 20, 2018 at Cruise Automation offices in San Francisco, California. Source: Noah Berger | General Motors DETROIT – General Motors has been mum about the abrupt departure Thursday of Dan Ammann, the CEO of… Continue reading GM president hints at strategy disagreement with departed Cruise CEO Dan Ammann – CNBC
Exxon Signs First Big Carbon-Capture Contract – Barron’s
Exxon Signs First Big Carbon-Capture Contract Barron’s Go to Source
Ford CEO Jim Hackett on the future of computing, cities, and self-driving cars – Quartz
In May 2017, Ford announced that it had replaced its CEO, Mark Fields, who had been with the company since 1989, with Jim Hackett. Despite being on Ford’s board since 2013, Hackett was probably best known for leading Steelcase, the large office-furniture company, for decades and turning around its fortunes, as well as for working… Continue reading Ford CEO Jim Hackett on the future of computing, cities, and self-driving cars – Quartz
Ford CEO Jim Farley: Barron’s Top CEOs 2022 – Barron’s
Ford CEO Jim Farley: Barron’s Top CEOs 2022 Barron’s Go to Source
Driverless Car Development Sets Ablaze a Bonfire of Billions – Bloomberg
Stay on top of the auto industry’s transformation by signing up for Bloomberg’s Hyperdrive newsletter here. Autonomous vehicle companies and suppliers have collectively spent around $75 billion developing self-driving technology, with scant sign of meaningful revenue emerging from robo-car services after all that cash incineration. Go to Source
Nonfatal police shootings have an unseen toll – The Washington Post
The way Kenneth Gilbert Jr. and his father tell the story, it had been a busy morning running errands in east Atlanta when their pickup was suddenly cut off by a dark truck and forced onto the curb. Once Gilbert Sr. got back on the road, he said, the truck swerved back into their lane.… Continue reading Nonfatal police shootings have an unseen toll – The Washington Post
Stellantis executive: ‘The people have decided: we will be purely electric’ – Electrek.co
In a new interview, Stellantis European Head, Uwe Hochschurtz, claimed, “The people have decided: we will be purely electric,” backtracking statements made by the company’s CEO, Carlos Tavares. The statement is a surprise as the Stellantis CEO has been adamantly against going all-in on electric vehicles. Less than a year ago, the Stellantis leader said… Continue reading Stellantis executive: ‘The people have decided: we will be purely electric’ – Electrek.co
Daniela Cavallo, the trade union power behind the Volkswagen throne – Financial Times
Daniela Cavallo, the trade union power behind the Volkswagen throne Financial Times Go to Source
How Volkswagen is reinventing itself as an EV company – The Verge
A new electric Microbus offers a glimpse at the future of VW Share this story Photo Illustration by Grayson Blackmon / The Verge Today, I’m talking to Volkswagen Group CEO Dr. Herbert Diess. Volkswagen is one of the two biggest carmakers in the world — there’s a battle every year between VW and Toyota for… Continue reading How Volkswagen is reinventing itself as an EV company – The Verge