The car industry faces its biggest technological transformation since the automobile was invented more than a century ago, with self-driving systems, wholly battery-powered models and ride-sharing initiatives now at the center of attention. The cosmic overhaul is leaving no manufacturer untouched, and companies are reacting to avoid being steamrollered by the revolution.
The wait for the self-driving future is coming to an end. The earliest real-world applications of autonomous vehicles will arrive in 2018. Starting in Phoenix this year, a small number of commuters will be riding in driverless Chrysler Pacifica minivans as part of a trial conducted by Waymo, the self-driving car unit owned by Google’s parent company. For the first time, ordinary people just trying to get to work will be interacting with autonomous vehicles.
German suppliers Robert Bosch and Continental said they each plan to acquire 5 percent stakes in Here Technologies, a digital mapping company jointly controlled by BMW, Daimler and Audi. The suppliers and Here did not disclose purchase prices. The deal, which is subject to antitrust approvals, is expected to close by the end of the first quarter.
Panasonic CEO Tom Gebhardt on customers, Tesla and product life cycles at Los Angeles Auto Show LAAS. Tom Gebhardt was Named Chairman and CEO of Panasonic Corporation recently. Gebhardt talks about betting big on electric cars.
On a sunny afternoon in early October, I drove across a parking lot in Ann Arbor, Mich., and down a sloping road to a second, private lot. A fence lining the lot’s perimeter was covered in black fabric, as if to deter snoops. Behind it was a 32-acre Potemkin village. There were paved roads with names and signs: Liberty Street, Main Street, Wolverine Avenue. There was a traffic roundabout, a covered underpass and a railroad crossing.
Delphi, one of the world’s largest automotive suppliers, is acquiring Boston-based self-driving car startup NuTonomy for an upfront purchase price of $400 million as well as $50 million in earn-outs, the companies announced today. Delphi isn’t as well-known in the self-driving space as its much bigger rivals Uber, Waymo, and Tesla. A GM spinoff now based in the UK, the company has been showing off its autonomous technology for over three years, mostly in Pittsburgh and Singapore.
WASHINGTON (Reuters) – Alphabet Inc’s self-driving car unit Waymo and several groups are launching a campaign aimed at convincing skeptical Americans of what they say is the value and safety of driverless cars, as Congress considers how it will regulate the technology. The company said on Monday that it was teaming up with Mothers Against Drunk Driving, the National Safety Council, and …
As auto accidents go, it wasn’t much: Twelve minutes before noon on a cool June day, a Chevrolet Bolt was rear ended as it crawled from a stop light in downtown San Francisco. What made this fender bender noteworthy was the Bolt’s driver: a computer. In California, where companies such as Cruise Automation Inc. and Waymo are ramping up testing of self-driving cars, human drivers keep running into them in low-speed fender benders.
German automaker Daimler AG’s trucks division said it would test a new technology called “platooning” on U.S. roads, allowing large digitally-connected trucks to save fuel by driving closely together, with one vehicle following the other. Daimler’s announcement, and promises on Monday by rivals Navistar International Corp and Volkswagen AG to field a medium duty electric truck by 2019, highlight a race among global commercial truck makers to deploy new technology both to anticipate regulatory mandates and influence policy debates. Trucking industry executives are gathering this week at the North American Commercial Vehicle show in Atlanta as the …
The car maker will invest an undisclosed amount in Grab, Southeast Asia’s leading ride-hailing operator, and said it will work with the company to provide services in the region. The latest deal comes a year after Toyota bought a small stake in Uber Technologies as part of alliances it is stitching to explore new revenue models.