Waymo partners with Uber to bring robotaxi service to Atlanta and Austin. Uber Technologies Inc. Alphabet-owned Waymo obtained a permit to start testing its robotaxis at San Francisco International Airport, San Francisco Mayor Daniel Lurie and the company announced Tuesday. Waymo will partner with the airport to roll out its commercial robotaxi service in phases,… Continue reading Waymo obtains permit to test robotaxis at San Francisco International Airport
Author: CNBC Online news
Tesla’s stock erases loss for the year, soaring 85% from April low
Tesla CEO Elon Musk attends the Saudi-U.S. Investment Forum, in Riyadh, Saudi Arabia, May 13, 2025. Hamad I Mohammed | Reuters Tesla’s shares have finally turned positive for the year. After a dismal first quarter, which was the worst for the stock in any period since 2022, and a brutal start to April, following President… Continue reading Tesla’s stock erases loss for the year, soaring 85% from April low
‘Underwater’ car trade-ins are at a 4-year high: What that means when buying a new vehicle
Maskot | Maskot | Getty Images More drivers across the country are “underwater” or “upside down” on their auto loans — meaning they owe more money than the car is worth. That’s costing them when it comes time to buy a new car. About 26.6% of trade-ins toward new car purchases had negative equity in… Continue reading ‘Underwater’ car trade-ins are at a 4-year high: What that means when buying a new vehicle
Chinese EV players take fight to legacy European automakers on their home turf
Xpeng CEO He Xiaopeng speaks to reporters at the electric carmaker’s stand at the IAA auto show in Munich, Germany on September 8, 2025. Arjun Kharpal | CNBC Germany this week played host to one of the world’s biggest auto shows — but in the heartland of Europe’s auto industry, it was buzzy Chinese electric… Continue reading Chinese EV players take fight to legacy European automakers on their home turf
Ram cancels plans for all-electric pickup truck
Stellantis’ Ram 1500 Revolution battery-electric concept pickup truck is introduced during a keynote address by Stellantis CEO Carlos Tavaras during CES 2023 at the Venetian Resort Las Vegas on Jan. 5, 2023. Ethan Miller | Getty Images Stellantis‘ Ram brand is canceling plans to develop a full-size electric Ram 1500 pickup truck, citing slowing demand… Continue reading Ram cancels plans for all-electric pickup truck
Uber sued by DOJ for alleged discrimination against disabled riders
A man holds up a smartphone with the Uber app visible on screen, as taxis queue in the background on June 4, 2019. Olly Curtis | Future via Getty Images The Department of Justice sued Uber on Thursday, alleging the ride-hailing giant discriminated against riders with disabilities, according to a filing. “Despite the importance of… Continue reading Uber sued by DOJ for alleged discrimination against disabled riders
Detained workers from Hyundai, LG Energy Solution plant could soon fly home to South Korea
This image from video provided by U.S. Immigration and Customs Enforcement via DVIDS shows manufacturing plant employees waiting to have their legs shackled at the Hyundai Motor Group’s electric vehicle plant, on Thursday, Sept. 4, 2025, in Ellabell, Ga. Corey Bullard | U.S. Immigration and Customs Enforcement via AP Hundreds of people who were among… Continue reading Detained workers from Hyundai, LG Energy Solution plant could soon fly home to South Korea
Amazon’s Zoox jumps into U.S. robotaxi race with Las Vegas launch
Five years after its splashy $1.3 billion acquisition of Zoox, Amazon has officially entered the U.S. robotaxi race, which to date has been dominated by Alphabet’s Waymo. Zoox’s first public launch kicks off Wednesday on the Las Vegas strip. The company is offering free rides from a few select locations, with plans to expand more… Continue reading Amazon’s Zoox jumps into U.S. robotaxi race with Las Vegas launch
Uber will launch Blade helicopter rides next year through expanded Joby partnership
Jakub Porzycki | Nurphoto | Getty Images Uber is tackling a new form of ride sharing: helicopters. The ride hailing company on Wednesday said it will launch Blade helicopter rides on its app as soon as 2026 through its partnership with Joby Aviation, an electric air taxi maker. The announcement comes after Joby in August… Continue reading Uber will launch Blade helicopter rides next year through expanded Joby partnership
Qualcomm unveils driverless tech with BMW, sees ‘domino effect’ of customers
A concept car shows off Qualcomm’s auto technology. The car was on display at the Qualcomm booth at the IAA Mobility show in Munich on September 9, 2025. Arjun Kharpal | CNBC Qualcomm’s self-driving technology developed alongside BMW is expected to spark significant interest from other automakers keen to licence the system, the CEO of… Continue reading Qualcomm unveils driverless tech with BMW, sees ‘domino effect’ of customers