Ford is preparing to open an autonomous vehicle program in Austin as the automaker continues to ramp up testing ahead of launching a self-driving taxi and delivery service in 2021, according to sources familiar with the development. A new job listing for an autonomous vehicles “market specialist” based in Austin, validates the information. Austin is… Continue reading Ford is expanding its self-driving vehicle program to Austin
Tag: Autonomous
Hyundai Mobis Accelerates Global Open Collaboration with Strategic Investment
SEOUL, South Korea–(BUSINESS WIRE)–Hyundai Mobis (KRX:012330) is accelerating for a full-scale collaboration with promising high-tech companies to become a global technology leader by reinforcing its competence in core technologies for future automotive vehicles. Hyundai Mobis announced on March 13 to push ahead equity investment to build a strategic partnership with China’s Deep Glint, which has… Continue reading Hyundai Mobis Accelerates Global Open Collaboration with Strategic Investment
Uber’s self-driving car unit was burning $20 million a month
Uber thought it would have 75,000 autonomous vehicles on the roads this year and be operating driverless taxi services in 13 cities by 2022, according to court documents unsealed last week. To reach those ambitious goals, the ride-sharing company, which hopes to go public later this year, was spending $20 million a month on developing… Continue reading Uber’s self-driving car unit was burning $20 million a month
ZF Establishes Its Own Technology Center for Artificial Intelligence and Cybersecurity
“With the new Technology Center for Artificial Intelligence and Cybersecurity, we are taking our Group-wide expertise in these key digital technologies to a new level. We are also in direct proximity to the most respected practical research institutions in these disciplines and can thus intensify our cooperation,” explained Wolf-Henning Scheider. “We will hire some 100… Continue reading ZF Establishes Its Own Technology Center for Artificial Intelligence and Cybersecurity
GM is doubling the staff for its self-driving car business
ASSOCIATED PRESS General Motors is ramping up its autonomous vehicle business. According to Reuters, the company is planning to hire 1,000 people over the next nine months to work on Cruise, a GM subsidiary that develops self-driving car technology. The hiring spree would double the amount of staff currently under the Cruise umbrella and would… Continue reading GM is doubling the staff for its self-driving car business
Volkswagen warns on jobs as margins slip, electric plans accelerate
WOLFSBURG, Germany (Reuters) – Volkswagen will cut jobs as it speeds up the rollout of less labor-intensive electric cars and will review its sprawling portfolio of brands as it battles to reverse a slide in profit margins, the German carmaker said on Tuesday. The company said it planned to launch almost 70 new electric models… Continue reading Volkswagen warns on jobs as margins slip, electric plans accelerate
UPDATE 4-VW warns on jobs as margins slip, electric plans accelerate
WOLFSBURG, Germany (Reuters) – Volkswagen will cut jobs as it speeds up the rollout of less labor-intensive electric cars and will review its sprawling portfolio of brands as it battles to reverse a slide in profit margins, the German carmaker said on Tuesday. The company said it planned to launch almost 70 new electric models… Continue reading UPDATE 4-VW warns on jobs as margins slip, electric plans accelerate
UPDATE 1-CERAWEEK-Ford chairman praises CEO, mulls lithium venture
HOUSTON (Reuters) – Ford Motor Co Executive Chairman Bill Ford said on Tuesday that he is very confident in Chief Executive James Hackett’s leadership and that the automaker is considering striking supply deals with a lithium producer. FILE PHOTO – Newly named Ford Motor Company president and CEO James Hackett answers questions from the media… Continue reading UPDATE 1-CERAWEEK-Ford chairman praises CEO, mulls lithium venture
DENSO Takes a Stake in Airbiquity to Advance Connected Vehicle Technology
OTA systems have been increasingly commercialized to update the software of multimedia products, such as car navigation systems. This is critical for automakers as the industry quickly moves toward electrification and autonomous vehicles. Airbiquity has a successful track record in delivering software products for in-vehicle multimedia products to many automakers and is also known for… Continue reading DENSO Takes a Stake in Airbiquity to Advance Connected Vehicle Technology
A “new start” for the Renault-Nissan-Mitsubishi Alliance
Make a clean sweep of past mistakes and start afresh. In presenting the new governance of the Renault-Nissan-Mitsubishi Alliance on Tuesday in Yokohama, the leaders of the three groups insisted on the “fresh start” taken on Tuesday by their original partnership. “It’s time to move to a new stage” and “to rediscover the spirit of… Continue reading A “new start” for the Renault-Nissan-Mitsubishi Alliance