Tag: Toyota

China considers limited support for petrol-electric hybrids in boon for Toyota, Honda

BEIJING (Reuters) – China is considering re-classifying petrol-electric hybrid vehicles so they get more favorable treatment than all-petrol or diesel counterparts under clean car rules, making it easier for automakers to meet environment quotas and offer more choice. FILE PHOTO: A Toyota logo is displayed at the 89th Geneva International Motor Show in Geneva, Switzerland,… Continue reading China considers limited support for petrol-electric hybrids in boon for Toyota, Honda

A Ford-VW alliance with Argo could redraw self-driving sector

DETROIT, July 11 (Reuters) – An expanded alliance between Ford Motor Co and Volkswagen AG that includes a partnership in Ford self-driving unit Argo AI could redraw the balance of power in autonomous vehicles. A Ford-VW collaboration with Argo, the Pittsburgh-based start-up that has spearheaded Ford’s self-driving development since 2017, could help reduce the engineering… Continue reading A Ford-VW alliance with Argo could redraw self-driving sector

Toyota forms a joint venture to make its own self-driving car chips

Sponsored Links Robert Hradil via Getty Images Toyota is getting into the semiconductor business, partnering with auto supplier Denso to form a new company focused on chip manufacture. The aim is to create next-generation semiconductors for use in the automotive industry and in self-driving cars in particular. Reuters reports that this includes components like “power… Continue reading Toyota forms a joint venture to make its own self-driving car chips

Luminar Drives Expansion Into Automotive Market With Over $250 Million Total Raised

PALO ALTO, Calif.–(BUSINESS WIRE)–Luminar announced today it is entering the consumer automotive and commercial trucking markets with a sensing and perception platform called Iris, now backed by new major institutional and strategic investors. After three years of stealth development, the company also revealed its perception software built on its LiDAR sensing platform. A recent addition… Continue reading Luminar Drives Expansion Into Automotive Market With Over $250 Million Total Raised

Musk now most tenured CEO in global auto industry

Under Musk, Tesla is breaking all records. The electric car-maker achieved a record production of 87,048 vehicles and record deliveries of approximately 95,200 vehicles in the second quarter of 2019. San Francisco: For many of us, Tesla is a new entrant in the global auto industry but Elon Musk has actually become the longest serving… Continue reading Musk now most tenured CEO in global auto industry