Zoox, the ambitious self-driving startup said to be worth over $3 billion, laid off almost all of its contract workers last week, including its backup drivers who ride around in the company’s autonomous vehicles. Around 120 people are said to be out of work. Zoox workers were informed in an email sent on Friday that… Continue reading Zoox, citing COVID-19 shutdown, lays off its autonomous vehicle backup drivers – The Verge
Tag: Mobility
Self-driving car engineer Anthony Levandowski files motion to force Uber into arbitration
Anthony Levandowski, the star self-driving car engineer who was at the center of a trade secrets lawsuit, has filed a motion to compel Uber into arbitration in the hopes that his former employee will have to shoulder the cost of at least part of the $179 million judgment against him. The motion to compel arbitration… Continue reading Self-driving car engineer Anthony Levandowski files motion to force Uber into arbitration
China leans on auto subsidies to jump-start post-virus economy
BEIJING — After declaring victory on stemming the coronavirus outbreak, China aims to stimulate depressed consumption with subsidies for auto purchases and looser caps on car ownership. Auto sales in China plummeted 45% in March from a year earlier, according to an industry group, following a 37% decline for January and February. The auto industry makes up 10% of the country’s gross domestic… Continue reading China leans on auto subsidies to jump-start post-virus economy
@BMW: BMW Group focuses on flexibility and solidarity in dealing with Coronavirus Pandemic
Munich. During the current coronavirus pandemic, protecting employees and taking responsibility for society are the number one priority for the BMW Group. At the same time, it is important to safeguard the company’s liquidity and secure its long-term success. The sales result for the first quarter was overshadowed by the global impact of COVID-19 and… Continue reading @BMW: BMW Group focuses on flexibility and solidarity in dealing with Coronavirus Pandemic
@Geely: Geely Auto 2019 Financial Results Released Showing Revenue of 97.4 Billion and Increased Market Share
Geely Automobile Holding Ltd. (HK.0175) 2019 revenue reach 97.4B RMB Net profit reached 8.26B RMB with profit attributable to stockholders at 8.19B RMB Geely Auto continues to be the top selling Chinese auto brand for the third consecutive year with sales of 1.362 million units. Market share in 2019 increased from 6.2% to 6.5% Geely… Continue reading @Geely: Geely Auto 2019 Financial Results Released Showing Revenue of 97.4 Billion and Increased Market Share
Qcraft raises over $24 million to train autonomous vehicle systems in simulation – VentureBeat
Qcraft, a robotics startup focused on autonomous vehicle (AV) development, this morning announced it has raised over $24 million in seed funding. (A spokesperson wouldn’t disclose the exact amount, but said it’s in the “dozens of millions.”) The company says it will use the capital to further develop its large-scale intelligent simulation platform, which generates… Continue reading Qcraft raises over $24 million to train autonomous vehicle systems in simulation – VentureBeat
@GM: GM Canada Reports First-Quarter Sales Results
GM Canada Reports First-Quarter Sales Results 2020-04-01 OSHAWA, Ont. (April 1, 2020) — Chevrolet, Buick, GMC and Cadillac dealers delivered 48,201 vehicles in the first quarter of 2020. Despite a strong sales start to the year, GM Canada, along with the industry, experienced significant declines at the end of the quarter due to the outbreak… Continue reading @GM: GM Canada Reports First-Quarter Sales Results
@Nissan: Regarding COVID-19 infection at Nissan headquarters
2020/04/05 YOKOHAMA, Japan – An employee working at Nissan Motor Co., Ltd.’s global headquarters in Yokohama tested positive on April 4 for the COVID-19 coronavirus. The employee started to show symptoms of COVID-19 on March 23. The employee took the polymerase chain reaction (PCR) test on April 3 and was diagnosed as positive on the… Continue reading @Nissan: Regarding COVID-19 infection at Nissan headquarters
@GM: GM Delivers Over 461,700 Vehicles in China in the First Quarter
GM Delivers Over 461,700 Vehicles in China in the First Quarter 2020-04-03 SHANGHAI – General Motors and its joint ventures delivered more than 461,700 vehicles in China in a challenging first quarter. In response to the COVID-19 pandemic outbreak, GM shifted its primary focus to supporting control and prevention of the coronavirus while also ensuring… Continue reading @GM: GM Delivers Over 461,700 Vehicles in China in the First Quarter
@GM: Wuling Reveals Rong Guang Electric Vehicle
Wuling Reveals Rong Guang Electric Vehicle 2020-04-01 SHANGHAI – Wuling revealed the Rong Guang electric vehicle yesterday. The latest member of the popular Rong Guang family will be available later this month. The minivan has a range of 300 kilometers on a single charge and supports DC fast charging. It has been put through more than… Continue reading @GM: Wuling Reveals Rong Guang Electric Vehicle