A partnership between Volkswagen and self-driving vehicle startup Aurora has ended, according to a report by the Financial Times, citing three people familiar with the matter. A spokesperson from VW confirmed the news, telling TechCrunch that “activities under our partnership have been concluded.” VW did not provide any further details. Aurora didn’t provide any details… Continue reading VW’s partnership with self-driving car startup Aurora has ended
Tag: Ford
UPDATE 1-End of the road for Volkswagen’s self-driving Aurora deal
FILE PHOTO: The logo of German carmaker Volkswagen is seen at the Volkswagen (VW) automobile manufacturing plant in Puebla near Mexico City September 23, 2015. REUTERS/Imelda Medina BERLIN (Reuters) – Volkswagen has ended its partnership with self-driving car software firm Aurora, two days after the Silicon Valley start-up said it would build autonomous platforms for… Continue reading UPDATE 1-End of the road for Volkswagen’s self-driving Aurora deal
Volkswagen concludes partnership with self-driving start-up Aurora, in talks with Ford
Julian Stratenschulte | picture alliance | Getty ImagesVolkswagen has ended its relationship with Amazon-backed self-driving start-up Aurora, and is now considering partnerships with Ford and competitor Argo AI, CNBC has confirmed.
Three people familiar with the matter first told the Financial Times that after a trial run that lasted a few months, the German automaker declined to renew the 2018 contract with Aurora. A new deal with Ford, however, could be reached by summer, according to the FT.
“The activities under our partnership have been concluded,” a Volkswagen spokesperson told CNBC.
Volkswagen previously sought to acquire Aurora following General Motor's acquisition of Cruise and Ford's $1 billion commitment to Argo AI.
Aurora on Monday announced a partnership with Fiat Chrysler to develop self-driving vehicles for corporate clients. The start-up also raised more than $530 million in an Amazon-led funding round in February, valuing the company at more than $2.5 billion.
Ford did not immediately respond to CNBC's request for comment.
Aurora will continue to use the VW e-Golf in development of its driverless vehicle systems, the company confirmed. Aurora also characterized the end of the partnership as amicable, and said there was potential to work together again down the line.
“Volkswagen Group has been a wonderful partner to Aurora since the early days of development of the Aurora Driver. As the Driver matures and our platform grows in strength, we continue to work with a growing array of partners who complement our expertise and expand the reach of our product,” an Aurora spokesperson told CNBC.
Volkswagen and Ford announced plans in January to partner up on the development of light commercial vehicles, and said they were considering other projects. Volkswagen has also committed over $50 billion to develop more than 50 pure battery-electric vehicles by 2025, to be sold through brands like Porsche and Audi.
Volkswagen breaks with self-driving start-up Aurora
Carmaker set to enter a partnership with Ford’s autonomous unit Argo AI Go to Source
End of the road for Volkswagen’s self-driving Aurora deal
BERLIN, June 11 (Reuters) – Volkswagen has ended its partnership with self-driving car software firm Aurora, two days after the Silicon Valley start-up said it would build autonomous platforms for commercial vehicles with Fiat Chrysler . “The activities under our partnership have been concluded,” a VW spokesman said in a statement on Tuesday following an… Continue reading End of the road for Volkswagen’s self-driving Aurora deal
Introducing Bay Wheels: New Bikes and a New Name
Big news for anyone who wants to get around the Bay Area on two wheels: Today, the Ford GoBike system has a new name — Bay Wheels. We’re also launching a brand-new ebike that you can access with just two taps in the Lyft app. We’ve been working for many months on this new hybrid… Continue reading Introducing Bay Wheels: New Bikes and a New Name
Ford denies it is in the self-driving slow lane
TEL AVIV (Reuters) – Ford Motor Co may be taking a cautious approach to its autonomous driving program, but its chairman rejected claims that the U.S. automaker was falling behind its peers. FILE PHOTO: The Ford logo is seen on a vehicle at the New York Auto Show in the Manhattan borough of New York… Continue reading Ford denies it is in the self-driving slow lane
Ford to lean on Transit van in Russian joint venture
Original Article
GM executive: Electric pickup will be built on EV-specific platform
General Motors president Mark Reuss confirmed Thursday that the company has an all-electric pickup in development and says it will be based on the company's BEV3 platform, expected to debut in a new Cadillac SUV sometime after 2023.
That chassis will be similar to the “skateboard” chassis that GM developed for its Autonomy concept car back in 2002, which included batteries and electric motors on a platform chassis that could accept a variety of car body styles.
Reuss made the comments at the UBS Global Industrials and Transportation Conference on Thursday, according to a report in WardsAuto. “We will have a complete electric lineup, including a pickup truck that’s in development,” he said.
“We can build everything on this (platform) from just three drive units: front-wheel drive, rear-wheel drive or e-all-wheel drive. This architecture is the canvas on which we will paint a profitable EV program,” he said.
Also Reuss stopped short of saying whether the pickup itself would be built using the same skateboard platform in a traditional sense (of body, and frame, and suspension), the statements confirm that the company is seeking to use the same battery technology and power units across its range.
GM is scrambling to keep up with the likes of startup automaker Rivian—which has revealed an all-electric pickup it is developing to go on sale in 2021 with 400 miles of range and potentially more with optional range-extending auxiliary batteries—and with cross-town rival Ford, which announced a few months earlier that it also developing an all-electric F-150, and which bought a $500 million stake in Rivian after a potential deal for GM to invest in the startup fell through. Ford has said its electric F-150 will be separate from the Rivian program.
Reuss expressed optimism about electric cars, saying the cost of building them will reach parity with internal combustion cars sooner than most people expect. “We’re going to reach parity a lot sooner than people think. (Internal combustion engine) compliance will become expensive. All these things and more will lead to greater consumer acceptance of EVs,” he said. “Plus, they are going to be great cars.”
At the Detroit auto show in January, Reuss announced that GM will shift the focus of its electric car efforts from Chevrolet to its luxury Cadillac brand with the BEV3 platform. The company's hope is to be able to charge more for electric cars to make them profitable. With Cadillac the focus of GM's electric car sales starting around 2023, it's not clear how long after that an electric pickup might follow, since it would likely be badged a GMC or a Chevrolet. At the earliest, it seems GM's electric pickup might appear in 2024.
In the meantime, GM is developing a new SUV based on the current Chevy Bolt EV, on GM's BEV2 platform, which will see it through at least 2022.
Ford ready to sell Russian plants, says companies have shown interest
Ford ready to sell Russian plantsFord ready to sell Russian plants ST PETERSBURG: Ford Motor Co is ready to sell its idle Russian plants and sees interest from potential buyers, the carmaker’s Europe chairman said in St. Petersburg on Friday. The company had announced in March that its Russian joint venture Ford Sollers would close… Continue reading Ford ready to sell Russian plants, says companies have shown interest