Volkswagen plans to spend 44 billion euros ($50 billion) on electric cars, autonomous driving and new mobility services by 2023 and explore closer cooperation with Ford, the German company said on Friday.
BlackBerry Ltd said on Friday it will acquire Cylance, an artificial intelligence and cybersecurity company, for $1.4 billion in cash to help expand its QNX unit that makes software for next-generation autonomous cars.
Ford Motor Co Chief Executive Jim Hackett told Reuters the automaker is open to investment by automakers and others in its autonomous vehicle business, but cautioned that expanding partnerships with German automaker Volkswagen AG is a “delicate dance.”
Ford Motor Co , Walmart Inc and delivery service Postmates Inc will collaborate to design a service for delivering groceries and other goods to Walmart customers that could someday use autonomous vehicles, the companies said on Wednesday.
Ford Motor Co, Walmart Inc and delivery service Postmates Inc will collaborate to design a service for delivering groceries and other goods to Walmart customers that could someday use autonomous vehicles, the companies said on Wednesday.
Uber Technologies Inc said Friday it has asked Pennsylvania for permission to resume self-driving car testing on public roads and has improved the autonomous vehicle software, more than seven months after the company suspended testing after a deadly crash in Arizona.
Stanphyl Capital letter for the month of October 2018 discussing the Tesla stock and the Model 3 backlog. 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. The three core points of our Tesla short position are: Image […]
Ford Motor Co and Baidu Inc launched a two-year project on Wednesday to test self-driving vehicles on Chinese roads, amid a global race by carmakers and internet firms to develop autonomous vehicle technology.
Volkswagen Chief Financial Officer Frank Witter on Tuesday said the carmaker was open to deeper alliances with outside companies, particularly in the area of autonomous driving, where Google’s Waymo is seen to be an industry leader.
Volkswagen and Intel Corp’s Mobileye are planning to roll out Israel’s first ride-hailing service using self-driving cars starting early next year.