Category: News Site

Waymo’s autonomous vehicles are driving 25,000 miles every day

Waymo, the former Google self-driving project that spun out to become a business under Alphabet, has driven 8 million miles on public roads using its autonomous vehicles. Waymo CEO John Krafcik shared the company’s milestone Friday while on stage with Nevada Gov. Brian Sandoval at the National Governors Association conference in Santa Fe, New Mexico. The figure… Continue reading Waymo’s autonomous vehicles are driving 25,000 miles every day

SoftBank-backed Mapbox targets ride-hailing, self-driving cars

July 20, 2018 Mapbox Inc., backed by SoftBank Group Corp., says it has a role to play in Masayoshi Son’s vision for ride-hailing and autonomous cars. The provider of mapping data for Tinder, Evernote and Facebook Inc. in October raised $164 million in a funding round led by the SoftBank Vision Fund. The infusion was… Continue reading SoftBank-backed Mapbox targets ride-hailing, self-driving cars

Germany aiming for decision on diesel retrofits by end-Sept -Merkel

BERLIN (Reuters) – Chancellor Angela Merkel said on Friday the German government did not yet have a common position on whether diesel cars needed to be retrofitted with catalysts but hoped to come to a decision by the autumn. German Chancellor Angela Merkel gestures as she holds the annual summer news conference in Berlin, Germany,… Continue reading Germany aiming for decision on diesel retrofits by end-Sept -Merkel

UPDATE 1-Volkswagen to furlough 1,000 workers in Brazil as sales slow -union

SAO PAULO (Reuters) – Volkswagen AG (VOWG_p.DE) will furlough about 1,000 workers at its largest factory in Brazil, union representatives said on Thursday, due to weaker economic growth and slumping exports to Argentina. FILE PHOTO: A Volkswagen logo is pictured during the Volkswagen Group’s annual general meeting in Berlin, Germany, May 3, 2018. REUTERS/Axel Schmidt/File… Continue reading UPDATE 1-Volkswagen to furlough 1,000 workers in Brazil as sales slow -union

Euro startup FlixBus expands its $10 bus service in California

FlixBus, the low-cost bus service out of Europe, is doubling down on its U.S. launch. The parent company, FlixMobility, started cheap bus routes between Los Angeles, Las Vegas, Phoenix and Tucson just two months ago. Now it’s adding another 16 connections throughout central and northern California. as well as Nevada and Arizona. The new connections,… Continue reading Euro startup FlixBus expands its $10 bus service in California

Self-driving car startup Voyage brings on ex-Tesla, Cruise and Uber exec as CTO

Voyage, the autonomous driving startup that currently operates self-driving cars in retirement communities, has brought on its first CTO, Drew Gray. Gray most recently worked at Uber as its director of engineering, leading the deep learning and perception team in San Francisco, according to his LinkedIn. This comes shortly after the company poached Uber’s head… Continue reading Self-driving car startup Voyage brings on ex-Tesla, Cruise and Uber exec as CTO

Exclusive: Tesla’s battery maker suspends cobalt supplier amid sanctions concern

LONDON/TOKYO (Reuters) – Panasonic said it was unable to determine how much of the cobalt used in batteries it makes for Tesla cars comes from Cuba, a country subject to U.S. sanctions, and that it had suspended relations with a Canadian supplier as a result of its concerns. FILE PHOTO: A Panasonic Corp’s lithium-ion battery,… Continue reading Exclusive: Tesla’s battery maker suspends cobalt supplier amid sanctions concern

Tesla says Model 3 refunds not outpacing deposits

(Reuters) – Tesla Inc (TSLA.O) denied on Thursday that refunds of bookings of its Model 3 sedan were now outpacing reservations, responding to a report earlier in the day by a Wall Street brokerage citing channel checks on the electric carmaker. FILE PHOTO: A Tesla Model 3 sedan, its first car aimed at the mass… Continue reading Tesla says Model 3 refunds not outpacing deposits

Fiat Chrysler kicks off Magneti Marelli spin-off

MILAN (Reuters) – Fiat Chrysler (FCA) (FCHA.MI) has kicked off its planned spin-off of parts maker Magneti Marelli which will be registered in the Netherlands and listed on the Milan stock exchange, a document outlining initial plans and seen by Reuters showed. Fiat Chrysler Automobiles (FCA) U.S. headquarters is seen in Auburn Hills, Michigan, U.S.… Continue reading Fiat Chrysler kicks off Magneti Marelli spin-off