UPDATE 1-CERAWEEK-Ford chairman praises CEO, mulls lithium venture

HOUSTON (Reuters) – Ford Motor Co Executive Chairman Bill Ford said on Tuesday that he is very confident in Chief Executive James Hackett’s leadership and that the automaker is considering striking supply deals with a lithium producer. FILE PHOTO – Newly named Ford Motor Company president and CEO James Hackett answers questions from the media… Continue reading UPDATE 1-CERAWEEK-Ford chairman praises CEO, mulls lithium venture

CERAWEEK-Ford Motor chairman says ‘very’ confident in CEO Hackett

FILE PHOTO – Newly named Ford Motor Company president and CEO James Hackett answers questions from the media during a press conference at Ford Motor World Headquarters in Dearborn, Michigan, U.S., May 22, 2017. REUTERS/Rebecca Cook HOUSTON (Reuters) – Ford Motor Co Executive Chairman Bill Ford said on Tuesday he is very confident in Chief… Continue reading CERAWEEK-Ford Motor chairman says ‘very’ confident in CEO Hackett

  Waymo Will Sell Its Short-Range Lidar, Challenging Industry Leader Velodyne 7 Mar

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VW CEO says he has not considered taking a minority stake in Waymo

Herbert Diess, CEO of German carmaker Volkswagen addresses the media during the annual news conference at the Volkswagen plant in Wolfsburg, Germany March 12, 2019. REUTERS/Fabian Bimmer WOLFSBURG, Germany (Reuters) – Volkswagen has not considered taking a minority investment in Google’s autonomous cars project Waymo, Chief Executive Herbert Diess said on Tuesday, adding that talks… Continue reading VW CEO says he has not considered taking a minority stake in Waymo

Report: Google’s Waymo seeks outside investment and a sky-high valuation

Alphabet’s self-driving vehicle subsidiary Waymo may raise outside capital for the first time at a valuation “at least several times” that of Cruise, the General Motors-owned autonomous vehicle business worth nearly $15 billion, according to a report published by The Information on Monday. We’ve reached out to our sources to confirm. Waymo didn’t immediately respond… Continue reading Report: Google’s Waymo seeks outside investment and a sky-high valuation

Alphabet’s Waymo seeks outside investors: The Information

FILE PHOTO: A Waymo self-driving car is seen during the annual Google I/O developers conference in Mountain View, California, May 8, 2018. REUTERS/ Stephen Lam (Reuters) – Alphabet Inc’s self-driving car division, Waymo, has been seeking financing from outside investors such as European automakers Volkswagen AG, The Information reported on Monday, citing a person with… Continue reading Alphabet’s Waymo seeks outside investors: The Information

Google to sell car tech it fought Uber on

Google spin-off Waymo plans to sell the sensors it uses on its self-drive cars to other industries. The technology behind them was at the heart of legal action last year, with Google accusing taxi app company Uber of stealing trade secrets. In a blogpost, Waymo said it was targeting its Lidar (light detection and ranging)… Continue reading Google to sell car tech it fought Uber on

Waymo to start selling standalone LiDAR sensors

Waymo, the Google self-driving project that spun out to become a business under Alphabet, will start selling its custom LiDAR sensors — the technology that was at the heart of a trade secrets lawsuit last year against Uber. The company announced Wednesday in a blog post that it will sell is light detection and ranging… Continue reading Waymo to start selling standalone LiDAR sensors

Waymo will sell LIDAR to customers who won’t compete with its robot taxi business

Waymo, the self-driving unit of Google parent Alphabet, will begin selling its LIDAR sensors to customers who won’t compete with its robot taxi business, the company announced on Wednesday. The news was first reported by Bloomberg. LIDAR, which stands for Light Detection and Ranging, are laser sensors that most tech and car companies see as… Continue reading Waymo will sell LIDAR to customers who won’t compete with its robot taxi business

Volkswagen Board dampens expectations: “Robot cars too expensive and complex as a Mars mission”

VW VW Sedric: The robot taxi for short-distance traffic could find its use as a shuttle bus at airports. Until the car is regularly on major roads is still years go by – if it comes at all. Fully developed robot cars, which do not require a driver at all, will not be around for… Continue reading Volkswagen Board dampens expectations: “Robot cars too expensive and complex as a Mars mission”