Waymo, the self-driving unit of Google parent company Alphabet, has hit another milestone: 8 million miles driven on public roads. That translates into roughly 25,000 miles driven every day, which is light-years ahead of the company’s competitors and is the result of Google’s very early investment in self-driving technology. The news was delivered by the… Continue reading Waymo’s autonomous cars have driven 8 million miles on public roads
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Uber just hinted it could be in serious trouble if it doesn’t conquer the market for electric bikes and scooters
Electric-scooter sharing startups are racing to become as dominant as Uber or Lyft in this wacky and well-funded transportation business that’s revolutionizing transit in America. At the same time, Uber is learning that it may need to end up dominating scooter-sharing, before companies like Bird, Lyft, and Ofo cannibalize its core car-hailing business. On Thursday,… Continue reading Uber just hinted it could be in serious trouble if it doesn’t conquer the market for electric bikes and scooters
‘Dunno where this bs came from’: Elon Musk slams claims that Tesla Model 3 cancellations are outpacing deposits (TSLA)
Tesla, CEO Elon Musk took to Twitter on Thursday night to dispute rumors that Model 3 cancellations are outpacing orders. The move came after Needham & Co., a New York-based investment bank, downgraded Tesla shares from hold to sell. Needham’s report, which included several reasons for taking a bearish position on Tesla, specifically cited, “slower… Continue reading ‘Dunno where this bs came from’: Elon Musk slams claims that Tesla Model 3 cancellations are outpacing deposits (TSLA)
Tesla to unveil new model in St. Louis
Tesla said they have received nearly a half-million reservations for the new model. The Model 3 also was awarded Design of the Year by Automobile Magazine and designated a “recommended buy” by Consumer Reports. Read more from the St. Louis Business Journal: Rental scooters off St. Louis streets — for now How likely are you… Continue reading Tesla to unveil new model in St. Louis
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