Category: Industry
Mobileye Global prices IPO above range
Mobileye Global Inc., the self-driving technology company owned by Intel Corp., priced one of the…
U.S. autonomous vehicle group picks ex-Senate aide as director
WASHINGTON — A group representing self-driving car companies is appointing a former U.S. Senate aide…
Ford-, VW-backed Argo AI to shut down
Self-driving startup Argo AI will shut down operations and its employees and parts will be…
Ford CEO: EV tax credits will be ‘game changer’ for commercial demand
Ford Motor Co. CEO Jim Farley said new federal electric vehicle tax credits created by…
Intel slashes Mobileye IPO valuation down to $16 billion
Intel’s Mobileye said on Tuesday it was targeting a valuation of nearly $16 billion in…
Lyft hikes service fee for rides as insurance costs rise
Lyft Inc. is increasing the service fee its U.S. riders pay directly to the company…
Mercedes will use Microsoft Cloud on supply chain data platform
BERLIN — Mercedes-Benz and Microsoft announced a partnership using Microsoft Cloud for a data platform…
Hyundai will spend $12.6 billion to dive into software-defined vehicles
TOKYO — Fast-moving Hyundai Motor Group says it will plow billions of dollars into developing…
GM establishes new unit to help connect EVs with the power grid
One of the largest looming questions about the mass adoption of electric vehicles is whether…
China’s electric car market is booming but can it last?
Alamy By Chris Baraniuk Technology of Business reporter If you want to understand how governments…
Tesla, with Shanghai plant upgrade, sets record for China-made EV sales
Tesla Inc. delivered 83,135 China-made electric vehicles in September, smashing its monthly record, according to…
Volvo edges ahead of Freightliner with EV big rigs
DUBLIN, Va. —Freightliner has led its U.S. diesel big rig rivals for years, commanding a…
A promising path forward for Detroit emerges
When Chris Thomas worked as an intern at Ford Motor Co. in the depths of…
Amazon abandons live tests of Scout home delivery robot
Amazon.com Inc. is shutting down tests of its home delivery robot, the latest sign that…
Mobileye to supply ADAS, self-driving tech to more Geely subbrands
Autonomous driving technology developer Mobileye will supply advanced driver-assistance systems and automated vehicle technology to…
Micromobility provider Spin’s focus: Location, location, location
Multiple owners, conflicts with regulators in several cities — scooter company Spin is riding the…
Sixt to buy 100,000 EVs for Europe from BYD
BERLIN — Sixt will buy about 100,000 electric vehicles from China’s BYD under a partnership…
Tesla’s robot waves but can’t walk, yet. Elon Musk plans to make millions of them
SAN FRANCISCO — Tesla Inc. CEO Elon Musk showed off on Friday a prototype of…
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