(Reuters) – Japan’s SoftBank Group Corp (9984.T) will invest $2.25 billion in General Motors Co’s (GM.N) autonomous vehicle unit Cruise, the companies said on Thursday, a deal that validates the venerable Detroit automaker’s leadership in self-driving cars and sent GM shares up nearly 13 percent. The move by SoftBank’s $100-billion Vision Fund is one of… Continue reading UPDATE 7-SoftBank joins GM in self-driving car race; GM shares soar
Tag: Tesla
Waymo to get more than 60000 cars from Fiat Chrysler for robotaxis
(Reuters) – Fiat Chrysler Automobiles NV will add up to 62,000 more cars to Alphabet Inc’s autonomous driving unit Waymo, the companies said on Thursday, as part of Waymo’s plan to roll out a robotaxi service in the U.S. later this year. A Waymo self-driving car is seen during the annual Google I/O developers conference… Continue reading Waymo to get more than 60000 cars from Fiat Chrysler for robotaxis
German engineers break Tesla again: Model 3 hides an uncomfortable truth
All articles and backgrounds 05/31/2018 German engineers break Tesla again Model 3 hides an uncomfortable truth AFP Tesla Model 3, potential buyers German engineers have again a Model 3 from Tesla disassembled – and found in the interior uncomfortable findings for German manufacturers: the car is potentially a winning machine, as the “Wirtschaftswoche” citing the… Continue reading German engineers break Tesla again: Model 3 hides an uncomfortable truth
Panasonic Hopes To Go Cobalt-Free With Batteries In Near Future
1 H BY MARK KANE Soaring prices of cobalt, one of the key battery ingredients, prompts Panasonic to develop cobalt-free lithium-ion cells. The Japanese manufacturer, together with Tesla, already produces cells that are very energy dense with cobalt-usage below 10% of cathode weight (below the NMC 811 type cells introduced by competitors). Read Also –… Continue reading Panasonic Hopes To Go Cobalt-Free With Batteries In Near Future
Chinese EV Unicorn NIO Begins ES8 Deliveries As The First To Face Consumer Inspections
Finally, one Chinese electric vehicle company has reached the critical moment of delivering its vehicles to face the real-life tests and inspections by consumers. NIO, a Shanghai-based EV unicorn with a reported valuation of between US$3 billion to US$5 billion, delivered its first batch of NIO ES8, a seven-seater electric SUV, today in Shanghai, NIO… Continue reading Chinese EV Unicorn NIO Begins ES8 Deliveries As The First To Face Consumer Inspections
Uber is in talks to add Waymo’s self-driving cars to its network, CEO says
Uber is in discussions with Alphabet’s Waymo to add the latter’s self-driving cars to its platform, Chief Executive Dara Khosrowshahi said Wednesday. Speaking at the Code Conference in Rancho Palos Verdes, California, Khosrowshahi said that Uber’s relationship with Alphabet-owned Google was improving and that Uber was “having discussions” with Waymo. “You build relationships slowly but… Continue reading Uber is in talks to add Waymo’s self-driving cars to its network, CEO says
Audi E-tron: aero-focused SUV to use world’s first ‘virtual’ exterior mirrors
Audi has confirmed that the upcoming E-tron will be available with the world’s first ‘virtual’ exterior mirrors, helping to reduce the car’s aerodynamic drag coefficient to just 0.28. The optional cameras replace conventional door mirrors with much smaller cameras, which project digital images onto screens located inside the car on the leading edge between the doors and dashboard. These more compact exterior cameras combine with active… Continue reading Audi E-tron: aero-focused SUV to use world’s first ‘virtual’ exterior mirrors
Australian tech entrepreneur, 40, develops a driverless car company now worth $1BILLION – and he’s ready to take on …
Successful Australian entrepreneur predicts driverless cars in Australia by 2021 as Melbourne born Tim Kentley-Klay manages US$1 billion car start up ZooxThe automobile company is currently listed as a private company that was backed early on by Sydney based investment company Blackbird VenturesTim Kentley-Klay has ambitions of beating Apple, Tesla and Uber in automobiles By… Continue reading Australian tech entrepreneur, 40, develops a driverless car company now worth $1BILLION – and he’s ready to take on …
Panasonic plans to develop cobalt-free car batteries
TOKYO (Reuters) – Tesla Inc’s battery cell supplier Panasonic Corp said on Wednesday it is aiming to develop automotive batteries without using cobalt in the near future amid soaring prices of the key battery ingredient. FILE PHOTO: A logo of Panasonic Corp is pictured at the CEATEC JAPAN 2017 (Combined Exhibition of Advanced Technologies) at… Continue reading Panasonic plans to develop cobalt-free car batteries
Rimac: We will build our name as a serious hypercar manufacturer
The steady rise in the car industry of Croatian firm Rimac is illustrated not only by some of its clients – Aston Martin and Koenigsegg, for starters – but also by its own ambitious hypercar plans. Its new C_Two electric hypercar has astonishing performance – 0-60mph in 1.85sec, outdoing the already crazy figures of its… Continue reading Rimac: We will build our name as a serious hypercar manufacturer