Uber has agreed to sell its Southeast Asia business to rival Grab

After weeks of speculation, Uber has concluded a deal that will see it sell its business in Southeast Asia to local rival Grab. The company plans to announce the agreement this coming week and potentially as soon as Monday, two sources have confirmed to TechCrunch. Full details of the arrangement aren’t fully clear at this point, but… Continue reading Uber has agreed to sell its Southeast Asia business to rival Grab

Krafcik Says Waymo Tech `Robust Enough’ to Avoid Uber Crash

Waymo Chief Executive Officer John Krafcik said his company’s self-driving software would likely have avoided the pedestrian death in which an Uber autonomous car was involved. “We have a lot of confidence that our technology would be robust and would be able to handle situations like that one,” Krafcik said on Saturday in his first public… Continue reading Krafcik Says Waymo Tech `Robust Enough’ to Avoid Uber Crash

CEO: Waymo dedicated to safe self-driving technology

Share This Story! Let friends in your social network know what you are reading about CEO: Waymo dedicated to safe self-driving technology Waymo CEO John Krafcik says the company is dedicated to “making this technology safe” Post to Facebook Sent! A link has been sent to your friend’s email address. Posted! A link has been… Continue reading CEO: Waymo dedicated to safe self-driving technology

Waymo CEO says its tech would have handled Uber self-driving incident safely

LAS VEGAS, March 24 (Reuters) – The head of Alphabet Inc’s autonomous driving unit, Waymo, said on Saturday that the company’s technology would have safely handled the situation confronting an Uber self-driving vehicle last week when it struck a pedestrian, killing her. Waymo CEO John Krafcik told auto dealers at a gathering of the National… Continue reading Waymo CEO says its tech would have handled Uber self-driving incident safely

CATL To Build Battery Factory In Europe Like LG Chem & Samsung SDI

1 M BY MARK KANE Chinese lithium-ion battery manufacturer Contemporary Amperex Technology Ltd. intends to build a factory in Europe. Bloomberg reports that CATL is considering three countries – Germany, Poland, Hungary, which strongly support battery investments and are close to EV assembly facilities. Poland was already chosen by LG Chem, while Hungary got the… Continue reading CATL To Build Battery Factory In Europe Like LG Chem & Samsung SDI

Volkswagen: VW boss Müller finds group top too old and too male

Matthias Müller The contract of the Volkswagen CEO will run until 2020. (Photo: AP) The VolkswagenTop management must, in the opinion of the CEO Matthias Müller Become “more feminine, younger and more international”. “This is a huge problem for the group,” he told the news magazine “Der Spiegel”. In determining his successor, the 64-year-old wants… Continue reading Volkswagen: VW boss Müller finds group top too old and too male

EPA said to side with carmaker calls to ease fuel rules

Ryan Beene, Bloomberg Published 8:37 p.m. ET March 23, 2018 | Updated 8:42 p.m. ET March 23, 2018 In January, the EPA released a report showing 2016 model year cars and light trucks failed to achieve the EPA’s greenhouse gas standards for the first time despite a small gain in efficiency. (Photo: Scott Olson/Getty Images)… Continue reading EPA said to side with carmaker calls to ease fuel rules

EPA Sides With Carmaker Calls to Ease Efficiency Rules, Sources Say

The U.S. Environmental Protection Agency has concluded that a landmark Obama-era effort to cut vehicle greenhouse-gas emissions is too aggressive and agrees with automakers that the standards should be revised, according to people familiar with the matter. The agency has completed a draft decision outlining the rationale for easing fuel efficiency regulations for model-year 2022-2025… Continue reading EPA Sides With Carmaker Calls to Ease Efficiency Rules, Sources Say

Nissan Slows Output After U.S. Demand Drop Led to Bloated Supply

Nissan Motor Co. is slowing production at several assembly plants to keep the supply of vehicles on U.S. dealers’ lots in check after being caught off guard by weaker consumer demand. Japan’s second-largest automaker is aiming to have a 50- to 60-day supply of cars and trucks in August, when dealers start transitioning to sell… Continue reading Nissan Slows Output After U.S. Demand Drop Led to Bloated Supply

Uber’s self-driving policies, tech face questions after fatal crash

Just_Super via Getty Images In the wake of a fatal crash where one of Uber’s self-driving SUVs struck and killed a pedestrian in Arizona, a New York Times report has dug into the company’s program and found it’s significantly trailing the competition. Specifically, while the former Google project Waymo could have its cars average 5,600… Continue reading Uber’s self-driving policies, tech face questions after fatal crash