The inside story of how bitter rivalries and petty fights derailed Google’s self-driving supremacy and cost Uber its shot at the crown

Anthony Levandowski and Chris Urmson helped create the self-driving industry as it exists today. The two were polar opposites and fought over issues big and small, complaining about each other to Google founder Larry Page frequently. Urmson won the power struggle and Levandowski ultimately decamped for Uber. Years of infighting and indecision hampered Google’s effort… Continue reading The inside story of how bitter rivalries and petty fights derailed Google’s self-driving supremacy and cost Uber its shot at the crown

LG Electronics and Magna International to Set up $1 Billion Joint Venture to Make Electric Car Gears

LG Electronics and Magna International, a Canadian automotive parts manufacturer, have agreed to set up a joint venture that will make electric car gears. Magna International is a top six ranked automotive parts manufacturer in the world based on sales and possesses different autonomous driving technologies and platforms.According to Bloomberg on Wednesday, their joint venture… Continue reading LG Electronics and Magna International to Set up $1 Billion Joint Venture to Make Electric Car Gears

Apple share gain dwarfs GM after car rollout news

By Reuters Staff 3 Min Read (Reuters) -Shares in Apple Inc jumped more than 3% on Tuesday, adding more than General Motors’ entire market capitalization to the value of the iPhone maker on signs it was planning to move forward swiftly with electric car production. FILE PHOTO: U.S. dollar banknotes are seen in front of… Continue reading Apple share gain dwarfs GM after car rollout news

Apple shares rise on car rollout plan, battery ambitions

By Munsif Vengattil 2 Min Read (Reuters) -Shares of Apple Inc jumped nearly 5% on Tuesday, a day after Reuters exclusively reported that the iPhone maker is aiming to produce a passenger vehicle by 2024 with its own battery technology. FILE PHOTO: U.S. dollar banknotes are seen in front of the Apple logo in this… Continue reading Apple shares rise on car rollout plan, battery ambitions

Apple car targeting 2024 production with self-driving ability

Apple is reportedly planning to launch its first passenger car in 2024, using its own battery technology to “radically” reduce the price of EV batteries. According to the Reuters news agency, the American technology giant has renewed its automotive efforts, known internally as Project Titan, which have been in development since at least 2014.  The vehicle will… Continue reading Apple car targeting 2024 production with self-driving ability

German Handelsblatt: Plans for the “Apple Car”: Ex-Opel boss Neumann: “The suppliers are already super annoyed by Apple” 001024

Karl-Thomas Neumann According to the ex-Opel boss, the rumors about Apple’s entry into the auto business make perfect sense. (Photo: Canoo) Düsseldorf For years, the US technology group Apple has been working on plans to enter the automotive market. After the “Project Titan” stalled for a long time, there are now reports that the Californian… Continue reading German Handelsblatt: Plans for the “Apple Car”: Ex-Opel boss Neumann: “The suppliers are already super annoyed by Apple” 001024

Apple Is Reportedly Releasing a Self-Driving Car in 2024

Project Titan According to a Reuters exclusive, tech giant Apple is planning to produce a self-driving passenger car to be released as soon as 2024 — despite several layoffs hitting the company’s automobile efforts over the last couple of years. The project, known as Project Titan, was reportedly first approved by CEO Tim Cook six… Continue reading Apple Is Reportedly Releasing a Self-Driving Car in 2024

Ferrari CEO search may take months, cover non-car candidates

Ferrari NV may take months rather than weeks to name a new boss after Chief Executive Officer Louis Camilleri abruptly left the Italian supercar maker, according to people familiar with the matter. The company is taking a thorough and deliberate approach to resolve its second leadership crisis in as many years, the people said. Ferrari’s… Continue reading Ferrari CEO search may take months, cover non-car candidates

Volkswagen’s Diess wants 40 battery factories in Europe to handle EV overload – Teslarati

By Joey Klender Posted on December 11, 2020 Volkswagen knows the future of the automobile industry is electric, and it is doing its best to transition its massive German stronghold into a series of large-scale electric vehicle production facilities. A company that is less than ten years out of a major scandal involving emissions cheat… Continue reading Volkswagen’s Diess wants 40 battery factories in Europe to handle EV overload – Teslarati