Luminar Technologies Inc., the self-driving sensor startup backed by billionaire Peter Thiel, is rolling out a cheaper-to-make version of its laser technology and ramping up production to supply the key component for autonomous vehicles. The startup released a new sensor platform Thursday that reduces the cost of its most expensive part from tens of thousands… Continue reading Thiel-Backed Autonomous Car Supplier Slashing Cost, Scaling Up
Tag: Possible_Terrorism_Warfare
In Uber’s Vision of the Future, Every Form of Transport Is Fair Game
Uber wants to get you where you’re going, even if you don’t want to use any fossil fuels to get there. Following the news that the ride-hailing company had acquired electric bike-share startup Jump, Uber announced that its app will soon feature multiple new transport options, including bike-sharing, options for mass transit, and peer-to-peer car… Continue reading In Uber’s Vision of the Future, Every Form of Transport Is Fair Game
UPDATE 1-Uber still believes autonomous vehicles have a future, says CEO
WASHINGTON (Reuters) – Uber Chief Executive Dara Khosrowshahi said on Wednesday that the ride-sharing company still believes in the prospects for autonomous transport after one of its self-driving vehicles was involved in a fatal crash in Arizona last month. FILE PHOTO – Dara Khosrowshahi, Chief Executive Officer of Uber Technologies, attends the World Economic Forum… Continue reading UPDATE 1-Uber still believes autonomous vehicles have a future, says CEO
FCA boss Sergio Marchionne: diesel may never recover
The diesel version of the Maserati Levante will be discontinued by 2022 Diesel sales may never recover, even if technical advances make it a more environmentally friendly fuel than alternatives, Fiat Chrysler Automobiles (FCA) CEO Sergio Marchionne believes. “The disengagement is happening. Since Dieselgate, the share of diesel sales has reduced month by month,” said Marchionne.… Continue reading FCA boss Sergio Marchionne: diesel may never recover
Global markets rise as China’s President Xi vows to cut auto tariffs
Global markets reacted positively to conciliatory moves from China on Tuesday, after President Xi Jinping promised to cut automotive tariffs this year. China’s leader also promised to improve intellectual property protection and raise foreign ownership limits within the auto sector “as soon as possible.” Asian shares closed higher, while US stock futures and the dollar… Continue reading Global markets rise as China’s President Xi vows to cut auto tariffs
China’s President Xi Jinping offers U.S. possible trade concessions
Chinese President Xi Jinping reviews an honor guard during a welcome ceremony at the Great Hall of the People in Beijing. (Photo: Mark Schiefelbein, AP) BEIJING – President Xi Jinping promised Tuesday to cut China’s auto tariffs and improve intellectual property protection in possible concessions aimed at defusing a worsening dispute with Washington over trade… Continue reading China’s President Xi Jinping offers U.S. possible trade concessions
GM to kill Chevrolet Sonic, Ford to discontinue Fiesta, Taurus, report says
Autoplay Show Thumbnails Show Captions Last SlideNext Slide The 2017 Chevrolet Sonic. (Photo: General Motors) General Motors is reportedly planning to kill the Chevrolet Sonic while Ford Motor plans to ditch the Fiesta in the U.S., spelling the death of two subcompact cars. The Wall Street Journal, which reported the plans Wednesday, also said that… Continue reading GM to kill Chevrolet Sonic, Ford to discontinue Fiesta, Taurus, report says
Automakers urge calm as China threatens new tariffs
New cars lined up at a parking lot in Shenyang, northeast China’s Liaoning province. China is the world’s largest automobile market with more than 25 million vehicles sold last year, compared with 17.23 million in the United States. (Photo: STR / AFP/Getty Images) Washington — Automakers are urging caution as a potential trade war heated… Continue reading Automakers urge calm as China threatens new tariffs
WRAPUP 8-China strikes back with duties on U.S. soybeans, planes; markets drop
BEIJING/WASHINGTON (Reuters) – China hit back quickly on Wednesday against U.S. plans to impose tariffs on $50 billion in Chinese goods, retaliating with a list of similar duties on key American imports including soybeans, planes, cars, beef and chemicals in a move that sent global markets lower. Beijing responded after U.S. President Donald Trump’s administration… Continue reading WRAPUP 8-China strikes back with duties on U.S. soybeans, planes; markets drop
China plans 25% tariffs on US goods including cars
Beijing is to place 25% trade tariffs on a list of 106 US goods, including soybeans, cars, and orange juice. The retaliatory action comes after the US published a list of about 1,300 Chinese products it plans to hit with a 25% tariff. The White House said the proposed imports tariff was a response to… Continue reading China plans 25% tariffs on US goods including cars