Category: Automotive

Uber sells loss-making flying taxi division to Joby Aviation

Uber Elevate disposal follows sale of autonomous vehicle division as Uber aims for profit A Hyundai S-A1 electric Urban Air Mobility concept. Uber is getting out of the flying taxi sector. Photograph: Robyn Beck/AFP via Getty Uber has sold its loss-making flying taxi division, Elevate, to a Californian startup as it abandons costly side projects… Continue reading Uber sells loss-making flying taxi division to Joby Aviation

Hyundai Motor Group Launches ‘HTWO’ Dedicated Fuel Cell System Brand

With HTWO, Hyundai Motor Group is stepping up efforts for the development of a next-generation hydrogen fuel cell system that can be applied to various forms of mobility such as UAM, automobiles, vessels and trains. Not only will the next-generation fuel cell system be available for many different mobility products and services, it will deliver… Continue reading Hyundai Motor Group Launches ‘HTWO’ Dedicated Fuel Cell System Brand

Magna’s EyeQ5-based ADAS system adopted by European carmaker

Magna and Mobileye have collaborated since 2007 on developing leading-edge driver-assistance systems. A premium automaker in Europe will soon be able to offer industry-leading driver assistance features across a larger portion of its vehicle line-up using the next generation of camera-based driver assistance from Magna. The Magna Gen5 ‘one-box’ solution is a Mobileye EyeQ5-based system – one… Continue reading Magna’s EyeQ5-based ADAS system adopted by European carmaker

GM CEO Barra defends the company’s pickup production despite its EV push – Detroit Free Press

In a nearly hour-long interview on the Freakonomics Radio podcast, General Motors CEO Mary Barra talks about the automaker’s electric vehicle strategy and President Donald Trump, among many other topics. One of the main subjects is GM’s aggressive push to bring electric vehicles to market faster than it anticipated.  But Stephen Dubner, host of Freakonomics Radio, pointed out that despite GM’s… Continue reading GM CEO Barra defends the company’s pickup production despite its EV push – Detroit Free Press

Despite pressure from Wall Street, General Motors has no interest in spinning off EV business – CNBC

General Motors has no plans at this time to spin off its electric vehicle business despite pressure from Wall Street to do so, GM President Mark Reuss told CNBC. Reuss said the Detroit automaker analyzed the potential of a spinoff and determined it would not be the right thing for its business, citing costs as… Continue reading Despite pressure from Wall Street, General Motors has no interest in spinning off EV business – CNBC

@VW Group: From Coronavirus Chatbot to personal assistant

12/08/2020 In order to be able to effectively answer employees’ most urgent questions during the COVID-19 crisis, Porsche launched its own chatbot within a few weeks. Now the idea of the Employee Assistant has developed further – into a personal assistant with deep knowledge about many specialist areas. With more than 20,000 users and 48,000… Continue reading @VW Group: From Coronavirus Chatbot to personal assistant

UK electric vehicle startup Arrival picks Charlotte for its North American headquarters

Arrival, the U.K. electric vehicle startup that plans to become a publicly traded company through a merger with special purpose acquisition company CIIG Merger Corp., has picked Charlotte for its North American headquarters. The company said it will add 150 new employees to support the headquarters and invest about $3 million in office space in… Continue reading UK electric vehicle startup Arrival picks Charlotte for its North American headquarters

Dara Khosrowshahi hits the kill switch on Uber’s moonshots (UBER)

Hello, and welcome to this Wednesday’s edition of the Insider Tech newsletter, where we break down the biggest news in tech. Did someone forward this newsletter to you? Get Insider Tech straight in your inbox by subscribing here. Soundtrack: For maximum enjoyment of this newsletter, we recommend listening to David Bowie’s “Starman.” This week: Uber… Continue reading Dara Khosrowshahi hits the kill switch on Uber’s moonshots (UBER)

A battery startup backed by Bill Gates and Volkswagen says its cells can charge in half the time of Tesla’s Model 3 (QS, TSLA)

QuantumScape says it’s made a solid-state battery cell that is more powerful than those used by Tesla and others.  They can also charge to 80% capacity in 15 minutes, while remaining efficient in cold weather.  The new cells are a potential game changer if QuantumScape can manufacture them at scale, Tesla cofounder J.B. Straubel said. … Continue reading A battery startup backed by Bill Gates and Volkswagen says its cells can charge in half the time of Tesla’s Model 3 (QS, TSLA)