A Waymo self-driving van was involved in a crash in Arizona

A self-driving van operated by Waymo — a cousin company to Google under the corporate umbrella of Alphabet — was involved in a crash on Friday in Chandler, Arizona. According to Fox 10 Phoenix, a Honda sedan traveling the opposite direction swerved and struck the Waymo vehicle. Police are investigating the accident, per that report.… Continue reading A Waymo self-driving van was involved in a crash in Arizona

Toyota Plans $1.1 Billion Expansion at Canadian Plant

Toyota Motor Corp. is set to announce a C$1.4 billion ($1.1 billion) expansion of its Canadian operations to build the RAV4 sport utility vehicle, a bet on the nation’s manufacturing amid a cloud of uncertainty from ongoing Nafta talks. The Japanese automaker is slated to make an announcement Friday afternoon at its facility in Cambridge,… Continue reading Toyota Plans $1.1 Billion Expansion at Canadian Plant

Diesel Sheds Pariah Status to Become One of Hottest Energy Plays

After spearheading oil’s rally last summer, diesel markets have gotten even tighter. The cold winter in the U.S., strong global economic growth and refineries increasingly processing lighter crude oil have all contributed to the steady draw-down of diesel stockpiles the world over. All of that, along with the longer-term fillip of new shipping regulations, is… Continue reading Diesel Sheds Pariah Status to Become One of Hottest Energy Plays

UPDATE 3-Tesla’s Musk calls Wall Street snub ‘foolish’ but defends his behavior

(Reuters) – Tesla Inc (TSLA.O) Chief Executive Officer Elon Musk acknowledged on Friday that it was “foolish” of him to snub analysts on a conference call earlier in the week, but further needled Wall Street with a series of accusatory tweets. In a post-earnings call on Wednesday, Musk refused to answer questions from analysts on… Continue reading UPDATE 3-Tesla’s Musk calls Wall Street snub ‘foolish’ but defends his behavior

Tesla’s Favorite Autopilot Safety Statistic Doesn’t Hold Up

For more than a year, Tesla has defended its semiautonomous Autopilot as a vital, life-saving feature. CEO Elon Musk has lambasted journalists who write about crashes involving the system. “It’s really incredibly irresponsible of any journalists with integrity to write an article that would lead people to believe that autonomy is less safe,” he said… Continue reading Tesla’s Favorite Autopilot Safety Statistic Doesn’t Hold Up

UPDATE 3-Tesla’s Musk calls Wall Street snub ‘foolish’ but defends his behavior

(Reuters) – Tesla Inc (TSLA.O) Chief Executive Officer Elon Musk acknowledged on Friday that it was “foolish” of him to snub analysts on a conference call earlier in the week, but further needled Wall Street with a series of accusatory tweets. In a post-earnings call on Wednesday, Musk refused to answer questions from analysts on… Continue reading UPDATE 3-Tesla’s Musk calls Wall Street snub ‘foolish’ but defends his behavior

Tesla’s Favorite Autopilot Safety Statistic Doesn’t Hold Up

For more than a year, Tesla has defended its semiautonomous Autopilot as a vital, life-saving feature. CEO Elon Musk has lambasted journalists who write about crashes involving the system. “It’s really incredibly irresponsible of any journalists with integrity to write an article that would lead people to believe that autonomy is less safe,” he said… Continue reading Tesla’s Favorite Autopilot Safety Statistic Doesn’t Hold Up

UPDATE 1-Motor racing-Agag makes 600m euro bid for Formula E

LONDON (Reuters) – Formula E founder and chief executive Alejandro Agag has made a 600 million euro ($716.34 million) bid to take full ownership of the company, the all-electric series said on Friday. FILE PHOTO: Alejandro Agag, Formula E CEO, speaks during an interview with Reuters ahead of round four of the Formula E championship… Continue reading UPDATE 1-Motor racing-Agag makes 600m euro bid for Formula E

VW’s version of the single adversaries fizzles

The indictment of US justice against the former VW boss Martin Winterkorn contradicts the previous defense strategy of the car company. What did the then leadership know about diesel fraud? VW plant in Wolfsburg (archive) Friday, 04.05.2018 16:53 clock This Thursday should actually be a liberation for Volkswagen. The new CEO Herbert Diess promised his… Continue reading VW’s version of the single adversaries fizzles

BMW develops new electric personal mover concept for staffers

The BMW Group has developed a new kind of micro-mobility concept for employees. The Personal Mover Concept – an electric one-person means of transport for covering short distances within an operating site – can be used for personal transportation both inside buildings and outside and is also suitable for carrying objects. Employees at BMW Group plants… Continue reading BMW develops new electric personal mover concept for staffers