Musk faces SEC probe for role in Tesla self-driving claims

 U.S. regulators are investigating Elon Musk’s role in shaping Tesla Inc.’s self-driving car claims, the latest effort by watchdogs to scrutinize the actions of the world’s second-richest person. The review is part of an ongoing Securities and Exchange Commission probe of the company’s statements about its Autopilot driver-assistance system, according to a person with knowledge… Continue reading Musk faces SEC probe for role in Tesla self-driving claims

Automotive Fuse Global Market Report 2023: Launch of Autonomous and Semi-Autonomous Vehicles Provide Market Opportunities

DUBLIN, Jan. 27, 2023 /PRNewswire/ — The “Automotive Fuse – Global Strategic Business Report” report has been added to  ResearchAndMarkets.com’s offering. Global Automotive Fuse Market to Reach $26.9 Billion by 2030 In the changed post COVID-19 business landscape, the global market for Automotive Fuse estimated at US$19.3 Billion in the year 2022, is projected to… Continue reading Automotive Fuse Global Market Report 2023: Launch of Autonomous and Semi-Autonomous Vehicles Provide Market Opportunities

U.S.’s Luminar eyes building factory for lidar sensors in Asia

PALO ALTO, U.S. — Luminar Technologies has begun the production of its high-performance light detection and ranging (lidar) sensors on a commercial basis after five years in the “stealth mode” stage of research and development. The American technology company eyes building a new factory in Asia and will seek to lower the cost of each… Continue reading U.S.’s Luminar eyes building factory for lidar sensors in Asia

Visteon to Announce Fourth Quarter and Full-Year 2022 Results on Feb. 16

VAN BUREN TOWNSHIP, Mich., Jan. 27, 2023 (GLOBE NEWSWIRE) — Visteon Corporation (Nasdaq: VC), a global technology company serving the mobility industry, will release its fourth quarter 2022 and full-year 2022 financial results before the market opens on Thursday, Feb. 16. The company will host a conference call for the investment community at 9 a.m.… Continue reading Visteon to Announce Fourth Quarter and Full-Year 2022 Results on Feb. 16

Nevada approves Mercedes’ Level 3 Drive Pilot system

The US state of Nevada has approved Mercedes-Benz’s level-three automated driving system for use on public roads under certain driving conditions. Named Drive Pilot, it will be equipped in Mercedes-Benz S-Class and Mercedes-Benz EQS cars produced for the US market from the 2024 model year, with the first examples featuring the technology slated for delivery in the second… Continue reading Nevada approves Mercedes’ Level 3 Drive Pilot system

‘Technology and its multiplier effect are driving business transformations and customer experiences’: Latha Chembrakalam

‘Technology and its multiplier effect are driving business transformations and customer experiences’: Latha Chembrakalam In November 2022, Continental Automotive India inaugurated its 1 million sq-ft state-of-the-art tech campus at Electronic City Phase II in Bengaluru. The facility can house over 6,500 people and the campus brings together the broad range of Continental’s technology capabilities in… Continue reading ‘Technology and its multiplier effect are driving business transformations and customer experiences’: Latha Chembrakalam

‘Technology and its multiplier effect are driving business transformations and customer experiences’: Latha Chembrakalam

‘Technology and its multiplier effect are driving business transformations and customer experiences’: Latha Chembrakalam In November 2022, Continental Automotive India inaugurated its 1 million sq-ft state-of-the-art tech campus at Electronic City Phase II in Bengaluru. The facility can house over 6,500 people and the campus brings together the broad range of Continental’s technology capabilities in… Continue reading ‘Technology and its multiplier effect are driving business transformations and customer experiences’: Latha Chembrakalam

‘Technology and its multiplier effect are driving business transformations and customer experiences’: Latha Chembrakalam

‘Technology and its multiplier effect are driving business transformations and customer experiences’: Latha Chembrakalam In November 2022, Continental Automotive India inaugurated its 1 million sq-ft state-of-the-art tech campus at Electronic City Phase II in Bengaluru. The facility can house over 6,500 people and the campus brings together the broad range of Continental’s technology capabilities in… Continue reading ‘Technology and its multiplier effect are driving business transformations and customer experiences’: Latha Chembrakalam

Gallery

DETROIT, Jan 27 (Reuters) – General Motors Co (GM.N) and Ford Motor Co (F.N) are expected to report strong profits for 2022 next week, powered by premium-priced pickup trucks and sports utility vehicles (SUVs). Now, the Detroit rivals must convince investors that last year’s profit formula can keep working when costs for EV batteries are… Continue reading Gallery

Elon Musk thinks you are not smart if you don’t believe in Tesla’s Full Self-Driving value

Elon Musk made new comments about Tesla’s Full Self-Driving effort, saying he believes that only some “smart retail investors” understand the value that Tesla is going to create. During Tesla’s conference call for the release of its Q4 2022 financial results yesterday, CEO Elon Musk made some comments about Tesla’s self-driving effort. The CEO claimed that most… Continue reading Elon Musk thinks you are not smart if you don’t believe in Tesla’s Full Self-Driving value