Avis intends to expand its TNC rentals exponentially, by implementing continued use of connected cars. Photo via Lyft. Avis Budget Group’s second quarter conference call outlined how the company’s connected car initiatives are beginning to bear fruit right now. As a quick refresher, the “connected car” is a telematics-enabled vehicle that allows the company to… Continue reading Avis’s Connected Car Initiatives Bearing Fruit Sooner than Expected
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Tesla’s head of Autopilot software leaves in restructuring
Tesla’s head of Autopilot software, Stuart Bowers, has left the automaker to work for the venture capital firm Greylock after a restructuring of the Autopilot team. Over the last few months, there have been several reports about a restructuring of Tesla’s Autopilot team. In May, we reported that Tesla was restructuring its Autopilot software team… Continue reading Tesla’s head of Autopilot software leaves in restructuring
Exclusive: Daimler to make Mercedes Benz-branded heavy trucks in China – sources
SHANGHAI (Reuters) – German auto maker Daimler AG (DAIGn.DE) plans to build Mercedes Benz-branded heavy trucks in China by revamping truck plants owned by its local joint venture, according to a document seen by Reuters and two sources familiar with the matter. FILE PHOTO: Visitors surround an Actros truck of German truck maker Mercedes-Benz at… Continue reading Exclusive: Daimler to make Mercedes Benz-branded heavy trucks in China – sources
Indonesia’s Astra, EverHaus close funding in logistics startup Trukita
Unlock your competitive advantage in a rapidly evolving landscape. Our packages come with exclusive access to archive content, data, discount on summit tickets & more. Be a part of our growing community now. Go to Source
UPDATE 2-Trump attacks Ford Motor for not backing fuel economy rollback
WASHINGTON (Reuters) – U.S. President Donald Trump stepped up a series of attacks on automakers on Wednesday for not backing his administration’s plan to roll back Obama-era fuel efficiency rules, singling out Ford Motor Co (F.N) in particular for backing a deal with California for stricter fuel economy standards. FILE PHOTO: U.S. President Donald Trump… Continue reading UPDATE 2-Trump attacks Ford Motor for not backing fuel economy rollback
Waymo Offers a Peek Into the Huge Trove of Data Collected by Its Self-Driving Cars
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Porsche invests in ‘low visibility’ sensor startup TriEye
Porsche’s venture arm has acquired a minority stake in TriEye, an Israeli startup that’s working on a sensor technology to help vehicle driver-assistance and self-driving systems see better in poor weather conditions like dust, fog and rain. The strategic investment is part of a Series A financing round that has been expanded to $19 million.… Continue reading Porsche invests in ‘low visibility’ sensor startup TriEye
The Power of Second-Life Batteries
Home Javascript will need to be enable to see cover photo effects Our robust battery system was designed to confront climate change throughout its entire life cycle. Powering a vehicle is just the beginning. Go to Source
Cooking in the Wild
Home Javascript will need to be enable to see cover photo effects Off to Sedona to put our camp kitchen prototype — and cooking skills — to the test. Go to Source
BYD’s profit triples as China’s electric car boom continues
China is considering offering favourable treatment to other vehicle technologies including petrol-electric hybrid vehicles SHANGHAI – Chinese electric car maker BYD Co Ltd posted a 203.6% rise in first-half profit on Wednesday, as China’s new energy vehicle market continues to surge. The Shenzhen-based company, which is backed by U.S. investor Warren Buffett and whose products… Continue reading BYD’s profit triples as China’s electric car boom continues