When Swamy Kotagiri considers whether true autonomous driving will ever be achieved, the CEO of Troy-based Magna International uses a comparison to COVID-19. “If someone had told you that the industry would be able to come up with a vaccine in a matter of months versus years, we wouldn’t have believed it. I believe in science, and I think… Continue reading Magna CEO talks driverless cars, COVID-19 response at Detroit Economic Club event
Tag: Mobility
I just tested Cadillac’s hands-free Super Cruise on a 500+ mile trip. Here’s how it went.
Self-driving cars just got meaningfully closer to reality. How much closer? I touched the steering wheel of a 2021 Cadillac Escalade just three times in 280 miles from when I entered I-96 in Detroit to exiting I-94 in Hammond, Indiana. I touched the wheel four times driving the same route home; the fourth was to… Continue reading I just tested Cadillac’s hands-free Super Cruise on a 500+ mile trip. Here’s how it went.
Lyft shares jump 10% after its earnings reveal cost cutting and signs of pandemic recovery (LYFT)
Lyft on Tuesday reported $569.9 million in Q4 revenue, beating expectations of $562.49 million. Lyft reported GAAP losses per share of $0.58, beating analyst expectations of a $0.72 loss per share. Lyft shares jumped 10% as the company said it expects to be profitable by Q4 2021. Visit the Business section of Insider for more… Continue reading Lyft shares jump 10% after its earnings reveal cost cutting and signs of pandemic recovery (LYFT)
Uber and Walgreens team up to offer free rides and access to the COVID-19 vaccine for underserved communities
Uber and Walgreens partnered up to help minority communities receive the COVID-19 vaccine. Uber will offer free rides, and Walgreens will provide education and access. Underserved communities haven’t received their share of vaccine doses, according to Kaiser data. Visit the Business section of Insider for more stories. Uber and Walgreens are teaming up to distribute… Continue reading Uber and Walgreens team up to offer free rides and access to the COVID-19 vaccine for underserved communities
The research lab where Tesla plans to design a $25,000 car will be up and running this year, executive says
The head of Tesla in China said the company’s research and development center will be running within the year. The site will design Tesla’s new $25,000 autonomous electric car. The center is part of Elon Musk’s plans to capitalize on China’s lucrative EV market. Visit the Business section of Insider for more stories. The head… Continue reading The research lab where Tesla plans to design a $25,000 car will be up and running this year, executive says
@GM: A Clean Mile Challenge
Cruise’s 100% all-electric AV fleet Today, the California DMV published the 2020 Disengagement Reports for the AV industry. Once again we are very proud of our progress, as our rate dropped to half of what it was in 2019. For all of 2020, we averaged only one reportable disengagement per 28,520 miles. For the second… Continue reading @GM: A Clean Mile Challenge
Aurora strikes deal with Toyota, Denso to develop, test self-driving Sienna minivans
Aurora has reached a deal with Toyota and auto-parts supplier Denso to develop and test vehicles equipped with the self-driving startup’s technology, beginning with a fleet of Toyota Sienna minivans. Engineering teams from Aurora and Toyota will work together to design and build the self-driving Sienna minivans with an aim to start testing a fleet… Continue reading Aurora strikes deal with Toyota, Denso to develop, test self-driving Sienna minivans
Lyft maintains goal of profitability by end-2021, sees rides recovery in second quarter
By Tina Bellon, Akanksha Rana 4 Min Read (Reuters) – Lyft Inc said on Tuesday it stood by its goal to become profitable on an adjusted basis by the end of this year despite the pandemic, forecasting a rebound in ride-hail demand beginning in the second quarter of 2021. FILE PHOTO: The Lyft Driver Hub… Continue reading Lyft maintains goal of profitability by end-2021, sees rides recovery in second quarter
Tesla will complete R&D center this year to design new $25,000 electric car
Tesla is on track this year to complete its new R&D center in Shanghai that will engineer and design its new $25,000 electric car. Tesla R&D center in China Just over a year ago, Tesla announced plans to establish a new R&D and design center in China to build “a Chinese-style” electric car. Tesla started taking… Continue reading Tesla will complete R&D center this year to design new $25,000 electric car
@VW Group: Dynamic and high-caliber: the online world premiere of the Audi e-tron GT
With an energized driving demonstration and a world premiere featuring high-caliber participants, Audi has presented its new electric spearhead – the Audi e-tron GT. In two events on the digital Day of Progress, the Four Rings showcased the highlights of this fully electric gran turismo: dynamic driving performance, emotional design, and sustainability. “The e-tron GT is… Continue reading @VW Group: Dynamic and high-caliber: the online world premiere of the Audi e-tron GT