Jim Farley, Ford CEO Ford DETROIT – Ford Motor CEO Jim Farley is promising something Wall Street has been asking from the storied American car manufacturer for years: A clear and decisive plan as the auto industry transitions to electric vehicles. In the coming months, Farley said he “will lay out the entire picture” for… Continue reading Ford CEO promises ‘year of action’ as he accelerates company restructuring and transition to EVs – CNBC
Tag: Autonomous
Baidu Tops Beijing Autonomous Vehicles Road Test Report for the Third Consecutive Year
BEIJING, Feb. 5, 2021 /PRNewswire/ — Baidu, Inc. (NASDAQ: BIDU) affirmed its comprehensive leadership position in China’s autonomous driving industry with the results of the recently-published 2020 Beijing Autonomous Vehicles Road Test Report, in which Baidu Apollo topped industry peers across every testing category for the third consecutive year. In addition to maintaining the largest fleet… Continue reading Baidu Tops Beijing Autonomous Vehicles Road Test Report for the Third Consecutive Year
Ford is more than doubling its investment in electric and autonomous vehicles to $29 billion
Ford is increasing its investment in electric and autonomous vehicles to $29 billion, the company’s top executives said in an earnings call Thursday. The automaker had previously committed to spend $11.5 billion on electrifying its vehicle lineup through 2022. Now, Ford says it will spend double that amount, while extending the timeline to 2025. The… Continue reading Ford is more than doubling its investment in electric and autonomous vehicles to $29 billion
Introducing: Black@Waymo
This month, we’re recognizing Black History Month, an annual celebration of the experiences and contributions of Black and African Americans who have shaped and strengthened our country. This year, more than ever, we uphold the responsibility to recognize and highlight the importance of amplifying Black voices.Last summer, in the wake of the deaths of Amaud… Continue reading Introducing: Black@Waymo
Ford boosts investment plan for EVs and self driving vehicles, reports loss
By Reuters Staff 1 Min Read Slideshow ( 2 images ) DETROIT (Reuters) – Ford Motor Co on Thursday boosted the amount of money it plans to invest on electric and autonomous vehicles to $29 billion even as it posted a fourth-quarter net loss of $2.8 billion. The No. 2 U.S. automaker also said the… Continue reading Ford boosts investment plan for EVs and self driving vehicles, reports loss
@Toyota: Toyota Remains R&D Patent Leader Among Automakers
The company received over 2800 patents in 2020 ANN ARBOR, Mich. (February 4, 2021) – The United States Patent and Trademark Office awarded Toyota more patents than any other automaker in 2020, according to an annual ranking by the Intellectual Property Owners Association (IPO). Toyota’s engineers and scientists were granted a total of 2,819 patents… Continue reading @Toyota: Toyota Remains R&D Patent Leader Among Automakers
Fourth quarter and full year 2020 results
Amsterdam, the Netherlands, 4 February 2021 7:00 AM CEST TomTom on track for 10% growth in Location Technology in 2021 TOMTOM’S CHIEF EXECUTIVE OFFICER, HAROLD GODDIJN“The past year has been a turbulent one. COVID-19 continues to impact people’s lives and disrupt the global economy. While we have also been affected, our Enterprise business showed resilience… Continue reading Fourth quarter and full year 2020 results
Chipmaker Xilinx says car supply crunch goes beyond semiconductors
TAIPEI — U.S. chipmaker Xilinx has warned that the supply crunch affecting the auto industry will not be quickly resolved, saying problems extend beyond semiconductor manufacturing to supplies of other materials and components. Victor Peng, Xilinx president and CEO, told Nikkei Asia in an interview that he hoped a serious shortage would not be prolonged… Continue reading Chipmaker Xilinx says car supply crunch goes beyond semiconductors
Luokung Announces Partnership Between EMG and Leading Electric Vehicle Manufacturer BAIC BJEV to Jointly Develop Mapping Services for Autonomous Driving
BEIJING, Feb. 4, 2021 /PRNewswire/ — Luokung Technology Corp. (NASDAQ: LKCO) (“Luokung” or the “Company”), a leading interactive location-based services company in China, today announced that its previously announced acquisition candidate, eMapgo Technologies (Beijing) Co., Ltd. (“EMG”) and Beijing New Energy Automobile Co., Ltd. (BAIC BluePark New Energy Technology Co., Ltd., Ticker: 600733.SH) (“BAIC BJEV”)… Continue reading Luokung Announces Partnership Between EMG and Leading Electric Vehicle Manufacturer BAIC BJEV to Jointly Develop Mapping Services for Autonomous Driving
@Daimler: Daimler plans separation
Intention to split Daimler’s industrial businesses and establish two independent pure-play companies Spin-off and separate listing of Daimler Truck planned Significant majority stake to be distributed to current Daimler shareholders Intention to rename Daimler as Mercedes-Benz at the appropriate time Mercedes-Benz will be the world’s pre-eminent luxury car business, committed to leading in electric drive… Continue reading @Daimler: Daimler plans separation