Industry must rein in spend on electric, self-driving cars: Magna CEO
Global automobile and auto parts makers which want to capitalize on electric and autonomous vehicles need to cut back investments and forge more partnerships instead, the chief executive of global parts supplier Magna International said Tuesday.
The Self-Driving Industry Is Finally Becoming More Realistic
Most of the attention around autonomous vehicles has been focused on high profile Level 5 auto projects. 2018 was a terrible year for many of those, but now the spotlight has shifted to other, perhaps less ambitious, but more practical projects. The post The Self-Driving Industry Is Finally Becoming More Realistic appeared first on ExtremeTech.
Volkswagen hires Apple executive for autonomous vehicle role
Volkswagen AG said on Wednesday it had hired an executive from Apple as a director responsible for technical development at its commercial vehicles division.
Volkswagen hires Apple executive for autonomous, mobility role: Manager Magazin
Volkswagen AG has poached an executive from Apple to become the director responsible for technical development at its commercial vehicles division, Manager Magazin reported on Wednesday.
Daimler to invest $573 million in autonomous trucks
German luxury carmaker Daimler will invest 500 million euros ($573 million) in the coming years to develop highly autonomous trucks, it said on Monday, a move that will create more than 200 jobs.
Mercedes aims to be among top two players to scale autonomous tech: paper
Mercedes-Benz’s is not aiming to be the first manufacturer to develop a self-driving car but it wants to be among the first two players able to scale up the technology, Mercedes-Benz executive Christoph Schroeder told German paper Welt am Sonntag.
Tesla Sales Hit By Strong Electric SUV Competition
Stanphyl Capital letter for the month of December 2018 discussing their short position in Tesla stock and the all-electric SUV competition that may hurt Tesla’s sales. Image source: Tesla We remain short stock and call options in Tesla, Inc. (TSLA), which I consider to be the biggest single stock bubble in this whole bubble market. […]
Wielding Rocks and Knives, Arizonans Attack Self-Driving Cars
Some residents have responded to Waymo’s autonomous vehicle project by slashing tires, pelting vans with rocks and even drawing a gun on a vehicle.
Uber’s Driverless Cars Return to the Road After Fatal Crash
After grounding its fleet of autonomous vehicles for nine months and overhauling its systems, Uber’s driverless cars are back on the road.
Kroger starts use of unmanned vehicles for delivery in Arizona
U.S. supermarket chain Kroger Co said on Tuesday it has started using unmanned autonomous vehicles to deliver groceries Scottsdale, Arizona in partnership with Silicon Valley startup Nuro.