May 11th, 2018 by Steve Hanley Carlos Ghosn may not be as sexy as Elon Musk, but he knows a thing or two about building and selling automobiles, especially electric cars. Since China is ground zero for the electric car market at the moment, it was only appropriate that Ghosn was in Hong Kong last… Continue reading Carlos Ghosn: Range Is No Longer A Concern. Now The Issue Is Price.
Tag: Autonomous
UPDATE 2-Chinese owner eyes Volvo Cars IPO, picks banks – source
NEW YORK/STOCKHOLM/BEIJING (Reuters) – The Chinese owner of Volvo Cars has hired three investment banks for an initial public offering (IPO) this year that could value the Swedish carmaker in a broad range of $16 billion to $30 billion, a person familiar with the matter said on Thursday. FILE PHOTO: The Volvo logo is seen… Continue reading UPDATE 2-Chinese owner eyes Volvo Cars IPO, picks banks – source
Ford Chairman Bill Ford Jr Says ‘Fairly Large’ Changes in Store For the Automaker
Ford Motor Co shareholders should expect “fairly large” changes in the coming year, Executive Chairman Bill Ford Jr. told Reuters, building on the automaker’s moves to discontinue some North American models and boost electric vehicle investment. Ford has promised to cut costs overall but still faces questions about lagging performance in certain regions and calls… Continue reading Ford Chairman Bill Ford Jr Says ‘Fairly Large’ Changes in Store For the Automaker
China’s Didi Chuxing suspends its carpooling service following murder of a passenger
Didi Chuxing, China’s largest ride-hailing service, has suspended its Hitch carpooling service for one week as it investigates the murder of a passenger. The victim was a 21-year-old air stewardess identified only as Ms. Li. State-run news agency Global Times reports that the incident took place in the evening of May 5, when she used… Continue reading China’s Didi Chuxing suspends its carpooling service following murder of a passenger
(LEAD) Hyundai mulls acquiring electronic auto parts maker for growth
(ATTN: ADDS details in 4th para and Chung’s comment on Genesis sedan in last para) SEOUL, May 11 (Yonhap) — Hyundai Mobis Co., South Korea’s largest auto parts company by sales, is considering acquiring an electronic auto component maker to stay ahead in future car technologies, the company said Friday. In a recent interview with… Continue reading (LEAD) Hyundai mulls acquiring electronic auto parts maker for growth
GM sees custom designs, personal ownership for self-driving cars
(Reuters) – General Motors Co (GM.N), which plans a ride-sharing fleet of robotaxis for next year, is looking at further business opportunities for self-driving cars, such as custom designs that could be almost unrecognizable from those of today, a top executive said on Thursday. FILE PHOTO: GM’s planned Cruise AV driverless car features no steering… Continue reading GM sees custom designs, personal ownership for self-driving cars
A peek at BMW’s self-driving ride-hailing plans
Automakers are trying to figure out where they fit in the autonomous-driving future. With sales falling, some of these companies are exploring the idea of becoming ride-hailing services too. BMW is one of them and during the opening of its autonomous Driving Campus in Germany, it offered rides in an autonomous 7 Series that gave… Continue reading A peek at BMW’s self-driving ride-hailing plans
Audi invests heavily in 20 electrified cars by 2025
At its annual meeting Wednesday, Audi announced an ambitious plan to build 20 new electrified cars by 2025, most of them battery electrics,. The company says it will invest $47.6 billion (€40 billion) into these electrified cars, a new app platform for its cars, a new fleet of autonomous vehicles to be launched in 2021,… Continue reading Audi invests heavily in 20 electrified cars by 2025
Drive.ai Launches Robot Car Pilot in Texas With a Focus on Humans
Photo: Evan Ackerman/IEEE Spectrum Advertisement Editor’s Picks Self-driving vehicle startup Drive.ai has only been around since 2015, but has moved aggressively toward getting autonomous cars out into the world to do useful things safely and efficiently. Drive struck a partnership with Lyft last September to test its technology with the ride-sharing service in San Francisco,… Continue reading Drive.ai Launches Robot Car Pilot in Texas With a Focus on Humans
After Fatal Uber Crash, a Self-Driving Start-Up Moves Forward
Because the cars are equipped with sensors that gather information about their surroundings by sending out pulses of light — as well as radar and an array of cameras — the cars could potentially operate at night as well. But the start-up decided to keep a tight rein on its service before gradually expanding the… Continue reading After Fatal Uber Crash, a Self-Driving Start-Up Moves Forward