All articles and backgrounds 02/25/2018 Chinese major shareholder launches multi-day charm offensive Li Shufu visiting Daimler, Berlin quite relaxed REUTERS Largest Daimler shareholder on tour: Geely boss Li Shufu launched a multi-day charm offensive in Stuttgart and Berlin shortly after his entry Just yet a competitor, today already a major shareholder and guest in Stuttgart:… Continue reading Chinese major shareholder launches multi-day charm offensive: Li Shufu visiting Daimler, Berlin relaxed
Tag: Autonomous
UPDATE 3-Geely chairman builds $9 bln stake in Germany’s Daimler
BEIJING/FRANKFURT (Reuters) – The chairman of Chinese carmaker Geely has built up a 9.69 percent stake in Mercedes-Benz owner Daimler, filings showed on Friday, an aggressive move designed to open the door for an industrial alliance between the two carmakers. Two sources familiar with the thinking of Li Shufu said his move to accumulate the… Continue reading UPDATE 3-Geely chairman builds $9 bln stake in Germany’s Daimler
Nissan: Nissan and DeNA to start Easy Ride robo-vehicle mobility service trial in Japan
YOKOHAMA, Japan – Nissan Motor Co., Ltd. and DeNA Co., Ltd. will begin a field test of Easy Ride, the robo-vehicle mobility service being developed by both companies, on March 5. Easy Ride is envisioned as a mobility service for anyone who wants to travel freely to their destination of choice in a robo-vehicle. During the… Continue reading Nissan: Nissan and DeNA to start Easy Ride robo-vehicle mobility service trial in Japan
Daimler Dodges the Robo-Taxi Storm
Over the past three years, Daimler AG has surpassed BMW AG and Volkswagen AG’s Audi to seize the crown of world’s largest luxury carmaker. Daimler der König CEO Dieter Zetsche has helped make Daimler the world’s biggest luxury carmaker Source: Company filings But CEO Dieter Zetsche has one distinct disadvantage to his German peers: the… Continue reading Daimler Dodges the Robo-Taxi Storm
PLA based Noah becomes world’s first recyclable car
3D printing has been used in the development of Noah the “world’s first circular car.” The 2018 product of a longstanding project at the Eindhoven University of Technology (TU Eindhoven), Noah is an electric car built as a demonstration of future, greener car manufacturing. Noah was created by the university’s TU/Ecomotive team. As a proof of… Continue reading PLA based Noah becomes world’s first recyclable car
Tesla starts beta-testing new Autopilot update with new feature and more advanced neural net
Tesla has been promising a significant new update to the Autopilot software for a while now and Elon Musk, along with a few other executives, have been teasing the quality of the new version over the last few months. Electrek has now learned the first details of this new update as Tesla started beta testing the… Continue reading Tesla starts beta-testing new Autopilot update with new feature and more advanced neural net
Uber CEO Says They’ll Have Autonomous Cars in 18 Months
20:20 Steve Sosnick Interactive Brokers LLC, Chief Options Strategist 22:00 Vanessa Colella Citi Venture Capital International, Chief Innovation Officer/Head 22:00 Crawford Del Prete Idc Research Inc, Exec VP:Research/Chief Research Ofcr 22:00 Om Malik True Ventures, Venture Partner 22:20 Mark Gurman Bloomberg Editorial, Bloomberg Journalist 22:20 Chad Anderson Space Angels Holdings Inc, Chief Executive Officer 22:30… Continue reading Uber CEO Says They’ll Have Autonomous Cars in 18 Months
Honcker raises at least $15M from IAC as it takes on the car-leasing-on-demand market
The car leasing and rental market is forecast to be worth $124 billion in 2022, and today a startup that is hoping to get a piece of that action by making the process of leasing a car easier is announcing a Series A in its effort to get there. Honcker — a New York-based startup… Continue reading Honcker raises at least $15M from IAC as it takes on the car-leasing-on-demand market
BRIEF-Avis Budget To Continue To Expand Operations With Waymo
Feb 22 (Reuters) – Avis Budget Group Inc: * AVIS BUDGET GROUP SEES ABOUT $20 MILLION HIGHER VEHICLE INTEREST EXPENSE IN 2018, PARTLY RESULTING FROM RISING U.S. INTEREST RATES * “WILL CONTINUE TO EXPAND OUR OPERATIONS WITH WAYMO” – CONF CALL * TALKING TO OTHER MOBILITY SOLUTION PROVIDERS, SEE SOME OF THOSE UNFOLD AS WELL… Continue reading BRIEF-Avis Budget To Continue To Expand Operations With Waymo
Elon Musk is leaving board of the non-profit AI safety group, OpenAI
Elon Musk is leaving board of the non-profit AI safety group, OpenAI in order to remove a potential conflict of interest between the group’s work and the work on artificial intelligence his companies are undertaking. The Tesla CEO co-founded OpenAI in December 2015 along with Y Combinator president Sam Altman, not so long after he’d… Continue reading Elon Musk is leaving board of the non-profit AI safety group, OpenAI