Tag: Autonomous

EV startup Byton expands US foothold with LA facility

Roberto Baldwin / Engadget New auto company Byton made a splash at CES when it debuted its autonomous EV SUV concept with a cutting-edge entertaining passenger experience. After effectively launching the company at the trade show in January, it’s opening a new ‘Future Lab’ facility in Los Angeles that will develop user experience for the… Continue reading EV startup Byton expands US foothold with LA facility

Volkswagen picks partners for $25bn battery orders in electric cars push

Volkswagen has picked partners to provide battery cells and related technology worth around €20 billion ($25bn) for its growing electric car programme, adding further pressure on US pioneer Tesla. Until its “dieselgate” emissions scandal was revealed two-and-a-half years ago, Europe’s largest automaker had been slow to embrace electric cars. But the fraud prompted a strategic… Continue reading Volkswagen picks partners for $25bn battery orders in electric cars push

China Digest: Smart trucks JV formed; BitKan, Ainemo raise funds

April 4, 2018 In multiple developments in China, three firms have teamed up to form a joint venture that will develop smart trucks while startups BitKan and Ainemo have raised millions of dollars in their latest funding rounds. GLP teams up with G7, NIO Capital for smart trucks JV Industrial logistics provider GLP has teamed… Continue reading China Digest: Smart trucks JV formed; BitKan, Ainemo raise funds

Japanese liability rules for partial autonomous driving

In Japan, one wants to adopt a law to introduce autonomous driving, including the liability issue. In Germany There is already a law, although the technology is not yet approved. In Japan you want to follow suit. Japan autonomous driving technique. Source: asia.nikkei.com The big question arises in terms of liability, So if it comes… Continue reading Japanese liability rules for partial autonomous driving

Groupe PSA: Investment in Luton Plant to Produce a Brand New Opel/Vauxhall Vivaro by 2019

RUEIL-MALMAISON, France–(BUSINESS WIRE)–Regulatory News: As the European LCV market leader, Groupe PSA (Paris:UG) intends to strengthen its market share in this segment in Europe and accelerate its development in the other regions. The increase in manufacturing capacity in the compact vans segment will supply our customers from the Luton plant by 2019 in addition to… Continue reading Groupe PSA: Investment in Luton Plant to Produce a Brand New Opel/Vauxhall Vivaro by 2019

(2nd LD) Elliott holds over $1 bln stake in Hyundai Motor Group affiliates

(ATTN: ADDS details throughout) SEOUL, April 4 (Yonhap) — Elliott Advisors Ltd., a unit of U.S. activist hedge fund Elliott Management Corp., said Wednesday it has acquired more than US$1 billion worth of stocks in three major affiliates of Hyundai Motor Group, and asked for more efforts to improve corporate governance by the group. The… Continue reading (2nd LD) Elliott holds over $1 bln stake in Hyundai Motor Group affiliates

(LEAD) Elliott holds over $1 bln stake in Hyundai Motor Group affiliates

(ATTN: ADDS Hyundai’s response in 4th para) SEOUL, April 4 (Yonhap) — Elliott Advisors Ltd., a unit of U.S. activist hedge fund Elliott Management Corp., said Wednesday it has acquired more than US$1 billion worth of stocks in three major affiliates of Hyundai Motor Group, and asked for more efforts to improve corporate governance by… Continue reading (LEAD) Elliott holds over $1 bln stake in Hyundai Motor Group affiliates

Carmakers proceed cautiously after EPA mpg announcement

Environmental Protection Agency Administrator Scott Pruitt speaks with auto industry leaders following a news conference at the Environmental Protection Agency in Washington, April 3, 2018, on his decision to scrap Obama administration fuel standards. (Photo: Andrew Harnik / AP) Washington — Detroit automakers say they’re committed to increasing the fuel economy of their cars, despite… Continue reading Carmakers proceed cautiously after EPA mpg announcement

GM partner's self-driving car gets a ticket from San Francisco cop

CLOSE Ford Motor Co. is making Miami-Dade County its new test bed for self-driving vehicles. Ford Cruise Automation self-driving test vehicle navigates the urban streets of San Francisco, CA. (Photo: Karl Nielsen for Cruise Automation) It sounds like the setup for a joke: A self-driving car got a ticket last week in San Francisco, KPIX-TV… Continue reading GM partner's self-driving car gets a ticket from San Francisco cop