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
Tag: Waymo/Google
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”
Building Our Collective Future
Building Our Collective Future Waymo TeamBlockedUnblockFollowFollowingFeb 28 By: Reginald McKnight, Head of State Public Policy In celebration of Black History Month, I was honored to be asked to speak at Greenville High School in my hometown of Greenville, South Carolina. Black History Month offers us a time to reflect on our history, and this invitation… Continue reading Building Our Collective Future
Apple self-driving car layoffs give hints to division’s direction
(Reuters) – Apple Inc said on Wednesday it planned to lay off 190 employees in its self-driving car program, Project Titan, changes that provide a rare window into the automotive technologies the company has been pursuing. FILE PHOTO: The Apple Inc. store is seen on the day of the new iPhone 7 smartphone launch in… Continue reading Apple self-driving car layoffs give hints to division’s direction
Ford Helps Point Businesses in the Right Direction with New Connected Vehicle Navigation Apps at MWC Barcelona 2019
Ford announces new in‑vehicle apps designed to help drivers – including those in larger commercial vehicles – navigate to new destinations quickly, confidently and accurately Sygic Truck Navigation app is for the first time integrated into an infotainment system, helps commercial vehicle drivers avoid getting stuck along narrow roads or under low bridges what3words –… Continue reading Ford Helps Point Businesses in the Right Direction with New Connected Vehicle Navigation Apps at MWC Barcelona 2019