Chinese electric automaker BYD vows to push industry change

Chinese electric automaker BYD established its North American headquarters in Los Angeles in 2011. [Photo/IC] LOS ANGELES – “BYD’s mission is to change the world through technological innovation that reduces greenhouse gases and our dependency on fossil fuels,” Stella Li, president of BYD Motors, a US subsidiary of China’s automaker BYD Company Ltd, told Xinhua this… Continue reading Chinese electric automaker BYD vows to push industry change

Self-Driving Technology Conquers the Last Mile — Our Investment in Boxbot

I’ve previously argued that it will be years before we share the roads with fully-autonomous, Level 5 self-driving cars. That said, there are specific use cases and environments where autonomous vehicles could hit the roads now. Self-driving delivery is another example of just such a use case. Logistics automation within warehouses has made remarkable progress in… Continue reading Self-Driving Technology Conquers the Last Mile — Our Investment in Boxbot

Self-Driving Delivery Company Boxbot Raises $7.5M in Seed Funding

Boxbot, an Oakland, CA-based startup focused on self-driving delivery vehicles, raised $7.5m in seed funding. This round was led by Artiman Ventures, and includes an investment from Toyota AI Ventures, Pear Ventures, Afore Capital, Ironfire Ventures and The House Fund. Co-founded in 2016 by Austin Oehlerking and Mark Godwin, Boxbot is building self-driving vehicles which… Continue reading Self-Driving Delivery Company Boxbot Raises $7.5M in Seed Funding

Tesla’s Musk laments Singapore electric vehicle stance

SINGAPORE (Reuters) – Elon Musk, chief executive of U.S. electric vehicle (EV) maker Tesla Inc, defended his view that Singapore was not supportive of EV ownership after a commentary in the city-state’s biggest newspaper criticized the billionaire’s social media post. Elon Musk speaks at a Boring Company community meeting in Bel Air, Los Angeles, California,… Continue reading Tesla’s Musk laments Singapore electric vehicle stance

Tesla can change so much with over-the-air updates that it’s messing with some owners’ heads

When Consumer Reports recently found that the braking distance on the Tesla Model 3 was worse than that of a Ford F-150, CEO Elon Musk took the criticism and found a solution. Days later, Tesla shipped an over-the-air update that, according to CR’s testing, improved the braking distance by 19 feet. It’s a wild idea:… Continue reading Tesla can change so much with over-the-air updates that it’s messing with some owners’ heads

UPDATE 4-Marchionne ramps up SUVs as prepares to hand over Fiat Chrysler wheel

BALOCCO, Italy (Reuters) – Fiat Chrysler’s (FCHA.MI) departing Chief Executive Sergio Marchionne delivered a plan on Friday to ramp up sport utility vehicles and invest 9 billion euros ($10.5 billion) in electric and hybrid cars in a bid to double operating profit by 2022. FILE PHOTO: 2015 Jeep Grand Cherokee are exhibited on a car… Continue reading UPDATE 4-Marchionne ramps up SUVs as prepares to hand over Fiat Chrysler wheel

UPDATE 2-Marchionne leaves Fiat Chrysler debt free as prepares to hand over wheel

BALOCCO, Italy (Reuters) – Fiat Chrysler’s (FCHA.MI) Sergio Marchionne laid out his final strategic vision as chief executive on Friday with a focus on sport utility vehicles and a 9 billion euro ($10.5 billion)investment plan for electric and hybrid cars. FILE PHOTO: 2015 Jeep Grand Cherokee are exhibited on a car dealership in New Jersey,… Continue reading UPDATE 2-Marchionne leaves Fiat Chrysler debt free as prepares to hand over wheel

Maserati’s Plans to Speed Past Tesla

LISTEN TO ARTICLE SHARE THIS ARTICLE Maserati isn’t even trying to hide its ambitions — it’s out to get Tesla. Its weapon of choice: the full-electric Alfieri sportscar, with a top speed exceeding 186 miles per hour (about 300 km/h) and an acceleration from zero to 62 mph in less than two seconds. By comparison,… Continue reading Maserati’s Plans to Speed Past Tesla

Tesla: Engineers disassemble the Model 3 and consider it profitable

Logs of several engineering service providers prove according to a report that the electric car Tesla Model 3 can be produced profitably. The service providers have bought four cars on behalf of German car companies and disassembled in their works. from Stefan Hajek/ Wirtschaftswoche June 1, 2018, 8:53 am The material and supply costs of… Continue reading Tesla: Engineers disassemble the Model 3 and consider it profitable