Cheng Xin | Getty Images Baidu will bring its driverless taxis to Europe next year via a partnership with U.S. ridehailing firm Lyft, as the Chinese tech giant looks to expand its autonomous vehicles globally. The robotaxis will initially be deployed in the U.K. and Germany from 2026 with the aim to have “thousands” of… Continue reading Baidu plans to expand its robotaxis to Europe with Lyft deal
Author: CNBC Online news
China’s BYD breaks delivery growth streak as EV price war reshapes competition
Despite a July slowdown, BYD retains its lead in China’s competitive EV market. Anna Barclay | Getty Images News | Getty Images China’s largest EV maker BYD posted its first monthly delivery decline this year, amid stiff competition from a price war that has attracted attention from policymakers in Beijing. While other major Chinese electric… Continue reading China’s BYD breaks delivery growth streak as EV price war reshapes competition
Tesla must pay portion of $329 million in damages after fatal Autopilot crash, jury says
Tesla vehicles are parked outside of a dealership on July 24, 2025 in Austin, Texas. Brandon Bell | Getty Images A jury in Miami has determined that Tesla should be held partly liable for a fatal 2019 Autopilot crash, and must compensate the family of the deceased and an injured survivor a portion of $329 million… Continue reading Tesla must pay portion of $329 million in damages after fatal Autopilot crash, jury says
Tesla Autopilot plaintiffs seek $345 million in damages over fatal crash in Florida
A Tesla vehicle passes the Wilkie D. Ferguson Jr. U.S. Courthouse as jury selection began in connection with allegations regarding the safety of Tesla’s autopilot system on July 14, 2025 in Miami, Florida. Joe Raedle | Getty Images Tesla is facing a crucial verdict in a personal injury trial over a fatal Autopilot crash in… Continue reading Tesla Autopilot plaintiffs seek $345 million in damages over fatal crash in Florida
Elon Musk’s plan to build Boring Co. tunnels in Nashville sparks partisan feud
Elon Musk has expanded a number of his companies within Texas, including Tesla, SpaceX, the Boring Co. and Neuralink. Tesla broke ground on a lithium refinery in Texas earlier this year with Governor Greg Abbott in attendance. Christophe Gateau | Picture Alliance | Getty Images Elon Musk’s tunneling venture, The Boring Company, announced plans earlier… Continue reading Elon Musk’s plan to build Boring Co. tunnels in Nashville sparks partisan feud
Ford reinstates full-year outlook, including $2 billion tariff hit
The Ford display is seen at the New York International Auto Show on April 16, 2025. Danielle DeVries | CNBC Ford Motor reported second-quarter revenue that beat expectations Wednesday, and reinstated its full-year guidance, which includes an estimated net $2 billion hit from tariffs. The automaker suspended its full-year guidance in May due to President… Continue reading Ford reinstates full-year outlook, including $2 billion tariff hit
Stellantis reinstates guidance but flags ‘tough decisions’ after $1.7 billion tariff impact
A new Jeep Wrangler 4-Door Sahara 4×4 vehicle displayed for sale at a Stellantis NV dealership in Miami, Florida, US, on Saturday, April 5, 2025. Eva Marie Uzcategui | Bloomberg | Getty Images Auto giant Stellantis on Tuesday reinstated its financial guidance and touted a gradual recovery over the coming months. Stellantis, which owns household… Continue reading Stellantis reinstates guidance but flags ‘tough decisions’ after $1.7 billion tariff impact
Waymo plans to bring its robotaxi service to Dallas in 2026
A Waymo rider-only robotaxi is seen during a test ride in San Francisco, California, U.S., December 9, 2022. Paresh Dave | Reuters Alphabet’s Waymo unit plans on bringing its robotaxi service to Dallas next year, adding to a growing list of prospective U.S. markets for 2026, including Miami and Washington, D.C. Rental car company Avis… Continue reading Waymo plans to bring its robotaxi service to Dallas in 2026
A breakthrough and a burden? What the U.S.-EU trade deal means for the auto sector
A general view of production lines at the Mercedes-Benz assembly plant on June 4, 2025 in Rastatt, Germany. Florian Wiegand | Getty Images News | Getty Images U.S. President Donald Trump has hailed the framework trade agreement with the European Union as the biggest trade deal ever made and one that promises to be “great… Continue reading A breakthrough and a burden? What the U.S.-EU trade deal means for the auto sector
Trump’s tariff deal offers scant relief for Japan automakers as bigger threat looms
Tesla vehicles are lined up at a vehicle storage yard at an industrial port, on the day U.S. President Donald Trump struck a trade deal with Japan that lowers tariffs on auto imports, in Yokohama, near Tokyo, Japan, July 23, 2025. Kim Kyung-hoon | Reuters Japanese automakers may have sidestepped crushing U.S. tariffs, but the… Continue reading Trump’s tariff deal offers scant relief for Japan automakers as bigger threat looms