Automotive Lobbying Group Abandons the Term “Self-Driving”

The training wheels are starting to come off. The Self-Driving Coalition for Safer Streets, a Washington, DC-based lobbying group representing a number of auto industry heavyweights, has renamed itself to the “Autonomous Vehicle Industry Association” (AVIA), a notable shift away from the term “self-driving,” The Verge reports. While the group didn’t directly mention Tesla in its… Continue reading Automotive Lobbying Group Abandons the Term “Self-Driving”

The self-driving car industry is abandoning the term ‘self-driving’ and leaving it to Tesla

So long, Self-Driving Coalition for Safer Streets; hello, Autonomous Vehicle Industry Association! The AV industry’s top lobbying group in Washington, DC is rebranding, dropping the reference to “self-driving” in exchange for a more straightforward moniker. The group, which was founded in 2016 by Waymo, Ford, Lyft, Uber, and Volvo, lobbies lawmakers to pass legislation favorable… Continue reading The self-driving car industry is abandoning the term ‘self-driving’ and leaving it to Tesla

New Electrified Vehicle Sales Hit Record in Q4 2021

On the EV side, Tesla is still the dominant player, with 72% share of the EV market. That is down from near 80% in 2020, but Tesla still delivered significant 71% year-over-year growth in a tough year. Tesla didn’t only dominate the EV market, Tesla dominated the overall luxury market, outselling Audi, BMW, Lexus, and… Continue reading New Electrified Vehicle Sales Hit Record in Q4 2021

Baidu’s electric vehicle arm Jidu raises $400 mln in new funding round

Jidu, launched a year ago, is Baidu’s latest effort to leverage its artificial intelligence expertise for car-making. BEIJING: Baidu‘s electric vehicle (EV) arm Jidu Auto said on Wednesday that it had raised nearly $400 million from Baidu and Zhejiang Geely Holding Group in a fresh funding round. Jidu, an EV venture between China’s search engine… Continue reading Baidu’s electric vehicle arm Jidu raises $400 mln in new funding round

Baidu’s EV arm Jidu raises $400m in new funding round

Baidu’s electric vehicle (EV) arm Jidu Auto said on Wednesday that it had raised nearly $400 million from Baidu and Zhejiang Geely Holding Group in a fresh funding round. Jidu, an EV venture between China’s search engine company Baidu and Chinese automaker Geely, said in a statement that it would deliver its mass-produced “robot” cars in 2023.… Continue reading Baidu’s EV arm Jidu raises $400m in new funding round

GM’s $7 billion investment intensifies EV battle with Ford, Tesla

Jan 25 (Reuters) – General Motors Co (GM.N) said Tuesday it will invest $7 billion in Michigan, much of that aimed at dramatically boosting production of full-size electric pickups, intensifying a battle with rival Ford Motor Co (F.N) for EV supremacy in North America. Both U.S. automakers, however, will have to contend with current leader… Continue reading GM’s $7 billion investment intensifies EV battle with Ford, Tesla

Volkswagen and Bosch to collaborate on automated driving software

The logo of German carmaker Volkswagen is seen on a rim cap in a showroom of a Volkswagen car dealer in Brussels, Belgium July 9, 2020. REUTERS/Francois Lenoir Register now for FREE unlimited access to Reuters.com Register BERLIN, Jan 25(Reuters) – Volkswagen’s (VOWG_p.DE) software subsidiary Cariad and autos supplier Bosch have formed a partnership to… Continue reading Volkswagen and Bosch to collaborate on automated driving software

America’s Favorite Pickup Truck Goes Electric – The New Yorker

Farley said that he had been at a racetrack with Field the previous weekend. “Everyone was saying, ‘Oh, there’s Jim Farley. He runs Ford, he races Cobras.’ I was with perhaps the most important American engineer of the past hundred years, and they didn’t even know who he is.” Field, who declined to be interviewed,… Continue reading America’s Favorite Pickup Truck Goes Electric – The New Yorker

Moody’s upgrades Tesla’s rating to Ba1, says outlook positive

A Tesla logo on a Model S is photographed inside of a Tesla dealership in New York, U.S., April 29, 2016. REUTERS/Lucas Jackson/File Photo Jan 24 (Reuters) – Moody’s upgraded Tesla Inc’s (TSLA.O) debt rating by two notches to Ba1 from Ba3 on Monday, reflecting the ratings agency’s expectations that Tesla will maintain its position… Continue reading Moody’s upgrades Tesla’s rating to Ba1, says outlook positive