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.
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 AG said on Wednesday it had hired an executive from Apple as a director responsible for technical development at its commercial vehicles division.
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.
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-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.
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. […]
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.
After grounding its fleet of autonomous vehicles for nine months and overhauling its systems, Uber’s driverless cars are back on the road.
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.