Ford Motor Co. and Volkswagen AG will absorb their autonomous vehicle partner, Argo AI, in a move that demonstrates the difficulties of success in the self-driving space, experts say. The move — driven in part by Argo’s inability to attract new investors — will shut down the Pennsylvania-based startup founded by two Michigan natives that… Continue reading Ford, Volkswagen to absorb autonomous vehicle partner Argo AI
Tag: Autonomous
Tesla’s self-driving claims are reportedly under criminal investigation
/ The Department of Justice is said to be looking into at least a dozen crashes involving Tesla Autopilot, which the company has said is a precursor to fully autonomous vehicles Illustration by Alex Castro / The Verge Tesla is facing a criminal probe over its claims about its driver assist technology, according to Reuters.… Continue reading Tesla’s self-driving claims are reportedly under criminal investigation
@VW Group: Volkswagen focuses development for autonomous driving006025
Volkswagen is focusing its development activities for autonomous and highly automated driving. In the area of autonomous driving as a service (MaaS/TaaS), the Group is consolidating its development partnerships. Volkswagen will no longer invest in Argo AI. In individual mobility, Cariad is continuing to drive forward the development of highly automated and autonomous driving together… Continue reading @VW Group: Volkswagen focuses development for autonomous driving006025
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BERLIN, Oct 26 (Reuters) – Volkswagen AG (VOWG_p.DE) is no longer investing in Argo AI, the company said on Wednesday, concentrating its automated driving efforts on its existing partnerships with Bosch and Horizon Robotics in China. Volkswagen commercial vehicles will pursue a partnership with a new, soon-to-be named partner, the carmaker said in its statement,… Continue reading Untitled
Argo.ai, driverless startup backed by Ford and VW, is shutting down
/ The Pittsburgh-based startup, which was founded in 2016, will be absorbed into its two automotive partners. Argo had been testing its vehicles in Miami, Austin, and Washington, DC. Drew Anthony Smith Argo AI, the self-driving startup backed by Ford and Volkswagen, is shutting down, The Verge has learned. Employees were notified that an announcement… Continue reading Argo.ai, driverless startup backed by Ford and VW, is shutting down
Oklahoma allows autonomous driving on the road
The US state of Oklahoma allows autonomous vehicles to increase traffic safety. Officially, autonomous driving, as the industry never tires of repeating, is supposed to road safety raise. That is the main argument of Governor Kevin Stitt, who signed a corresponding law in the spring and which is now about to go into effect. Senator… Continue reading Oklahoma allows autonomous driving on the road
German Handelsblatt: Automotive supplier: ZF Friedrichshafen spins off airbag division – partial sale possible005483
ZF Friedrichshafen The automotive supplier is preparing its airbag and seat belt division for a possible partial sale. (Photo: dpa) The automotive supplier ZF Friedrichshafen wants to spin off its airbag and seat belt division and thus prepare for a possible partial sale. The foundation company announced on Wednesday in Friedrichshafen that the decision was… Continue reading German Handelsblatt: Automotive supplier: ZF Friedrichshafen spins off airbag division – partial sale possible005483
German Handelsblatt: Automotive supplier: ZF Friedrichshafen spins off airbag division – partial sale possible005483
ZF Friedrichshafen The automotive supplier is preparing its airbag and seat belt division for a possible partial sale. (Photo: dpa) The automotive supplier ZF Friedrichshafen wants to spin off its airbag and seat belt division and thus prepare for a possible partial sale. The foundation company announced on Wednesday in Friedrichshafen that the decision was… Continue reading German Handelsblatt: Automotive supplier: ZF Friedrichshafen spins off airbag division – partial sale possible005483
@Tata-JLR: InMotion Ventures appoints Mike Smeed as Managing Director
Former finance lead for China-based joint venture Chery Jaguar Land Rover returns to UK We are delighted to announce the appointment of Mike Smeed as Managing Director of InMotion Ventures, following the recent launch of Jaguar Land Rover’s new Open Innovation strategy. By collaborating with start-ups, scale-ups and like-minded external organisations, Open Innovation is a… Continue reading @Tata-JLR: InMotion Ventures appoints Mike Smeed as Managing Director
Why Tesla, Rivian, and Nio Stocks All Popped Today
Motley Fool Alphabet’s Ad Business Slows to a Trickle. Time to Sell? Coming into Alphabet’s (NASDAQ: GOOG) (NASDAQ: GOOGL) third-quarter earnings report on Tuesday night, there were already signs that growth would be sluggish. Fellow digital advertising stock Snap said revenue growth slowed to just 6% in its third quarter, and Alphabet management had already warned about… Continue reading Why Tesla, Rivian, and Nio Stocks All Popped Today