NTSB chair eviscerates Tesla for inaction over Autopilot concerns

Sponsored Links y_carfan via Getty Images The National Transportation Safety Board held a hearing on Tuesday regarding a deadly 2018 crash in which a Tesla Model X slammed into a Mountain View highway divider at 70mph, was subsequently struck by two other vehicles and then exploded. During that announcement, the safety board revealed that the… Continue reading NTSB chair eviscerates Tesla for inaction over Autopilot concerns

Self-driving startup Pony.ai raises $500m in Toyota-led funding

Autonomous driving firm Pony.ai has raised around $500 million in its latest funding round, led by an investment by Japan’s largest automaker Toyota Motor Corp, two people with direct knowledge of the matter told Reuters. Toyota’s cheque of around $400 million marks its biggest investment in an autonomous driving company with a Chinese background, the… Continue reading Self-driving startup Pony.ai raises $500m in Toyota-led funding

Grab deal signals path ahead for MUFG under new chief

FILE PHOTO – People walk past a branch of Mitsubishi UFJ Financial Group’s bank of Tokyo-Mitsubishi UFJ (MUFG) in Tokyo, Japan, May 16, 2016. REUTERS/Thomas Peter/File Photo Premium The price tag for a partnership with ride-hailing startup Grab Holdings was $706 million, an unprecedented sum for a Japanese lender to invest in an overseas nonfinancial… Continue reading Grab deal signals path ahead for MUFG under new chief

Free-floating car-share will return to Seattle this spring with new AAA service

AAA is bringing its GIG car-sharing service to Seattle. (GIG Photo) Seattle is getting a new free-floating car-share service this spring, filling a void left by popular mobility options that exited the city over the past few months. AAA is expanding its GIG Car Share service beyond the San Francisco Bay Area to Seattle. GIG… Continue reading Free-floating car-share will return to Seattle this spring with new AAA service

NHL Seattle to spend $7M on Monorail upgrades and offer transit incentives to get fans to new arena

An artist rendering of the Seattle Center Monorail, with NHL Seattle branding, as it passes the Museum of Pop Culture toward its Seattle Center station. (NHL Seattle Image) The hype around hockey in Seattle has the potential to turn into heartache for those who get stuck in traffic in the congested corridors that feed the… Continue reading NHL Seattle to spend $7M on Monorail upgrades and offer transit incentives to get fans to new arena

Micro-Mobility Will Have The Microlino 2.0 Without A 1.0 For Sale

Swiss micro mobility pioneer Micro presents two world premieres in Geneva Micro presents the second generation of the Microlino in Geneva In addition to a new design selected by the more than 17,000 pre-orderers, the technical aspects of the Microlino have also been completely revised With the Microletta, Micro is presenting a concept of a… Continue reading Micro-Mobility Will Have The Microlino 2.0 Without A 1.0 For Sale

U.S. agency slams brakes on self-driving EasyMile shuttles after passenger injury

FILE PHOTO: An EasyMile EZ10 shared autonomous vehicle is seen during a deployment demonstration at Bishop Ranch in San Ramon, California March 6, 2017. REUTERS/Stephen Lam/File Photo WASHINGTON (Reuters) – U.S. vehicle safety regulators on Tuesday said they had ordered a suspension of passenger operations for 16 autonomous shuttles operated by France-based EasyMile after a… Continue reading U.S. agency slams brakes on self-driving EasyMile shuttles after passenger injury

@GM: Driving Life in Cities Forward, One Self-Driving Cruise at a Time

Every day, Cruise autonomous vehicles drive through San Francisco as we prepare to launch our self-driving service. Here’s why we’re doing it, and why you should be excited. Six weeks after my brother welcomed his first child into the world, he made a human mistake: he used the wrong bicycle brake while going downhill when he… Continue reading @GM: Driving Life in Cities Forward, One Self-Driving Cruise at a Time

Cityscoot raises another $25.6 million for its electric moped service

French startup Cityscoot is raising a $25.6 million (€23.6 million) funding round from Allianz France, Demeter as well as existing investors Groupe RATP and Banque des Territoires. The startup is also raising at least $6.5 million (€6 million) in debt in order to finance its service. Cityscoot is a free-floating electric scooter service (moped scooters).… Continue reading Cityscoot raises another $25.6 million for its electric moped service

U.S. agency suspends self-driving shuttle EasyMile in 10 U.S. states

FILE PHOTO: An EasyMile EZ10 shared autonomous vehicle is seen during a deployment demonstration at Bishop Ranch in San Ramon, California March 6, 2017. REUTERS/Stephen Lam/File Photo WASHINGTON (Reuters) – U.S. auto safety regulators said on Tuesday they had ordered a suspension of passenger operations for 16 autonomous shuttles operated by French-based EasyMile after a… Continue reading U.S. agency suspends self-driving shuttle EasyMile in 10 U.S. states