self-driving technology

Tesla Inc. (NASDAQ: TSLA) currently is comfortably in the lead in the U.S. electric vehicle market, with Ford Motor Company (NYSE: F) a distant second. Competition May Not Catch Up: Ford or any other automakers do not pose a threat to Tesla, the EV giant's co-founder Martin Eberhard said...

Chinese e-commerce giant Alibaba Group Holdings (NYSE: BABA) said it had been granted a license to test its L4 self-driving trucks. What Happened: Following the widespread use of its low-speed self-driving logistics vehicles, Alibaba said the Deqing county in Huzhou city of Zhejiang province had...

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk said on Friday that it may take five years or more for any company other than his own to crack the ‘insanely hard’ fully-autonomous driving technology. What Happened: Musk was responding to a post on the microblogging site Twitter that...

The Insurance Institute for Highway Safety (IIHS) said on Thursday it is rolling out a new rating program this year that is aimed at measuring partial automation systems deployed by automakers such as Tesla Inc (NASDAQ: TSLA) and General Motors Co (NYSE: GM) to help keep drivers focused...

General Motors Co (NYSE: GM) CEO Mary Barra has dismissed self-driving subsidiary Cruise’s CEO Dan Ammann due to differences over the focus on the robotaxi unit, Bloomberg News reported, citing people familiar with the events. What Happened: Ammann, who has led the self-driving car unit...

Two of Apple Inc.’s (NASDAQ: AAPL) self-driving cars were involved in minor collisions in August, according to a report by MacRumors that cited data from the California Department of Motor Vehicles. What Happened: The first accident took place in San Diego on Aug. 19 when an Apple Lexus...

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk said the latest beta version of its vision-based full-self driving software will debut on Saturday. What Happened: In a series of tweets, Musk revealed plans to launch the limited beta v9 version this week and depending on its success may expand it to the...

Alibaba Group Holding (NYSE: BABA) plans to develop self-driving trucks with logistics subsidiary Cainiao, the e-commerce giant's CTO Cheng Li announced at the Global Smart Logistics Summit on Thursday. What Happened: Alibaba's DAMO Academy and Cainiao have begun their research...

Seegrid Corp., an autonomous mobile robots (AMRs) development company, introduced Tuesday its Palion Tow Tractor Series 8, an upgraded version of its automated tow tractor to help customers increase productivity and safety within manufacturing, warehousing and distribution. The company, which...

Tesla Inc. (NASDAQ: TSLA) is abandoning the radar in favor of a camera-based Autopilot system for its vehicles. What Happened: Tesla CEO Elon Musk said on Twitter that the electric vehicle maker is now rolling out “Pure vision Autopilot” in North America. This will be followed by the...

Alphabet Inc’s  (NASDAQ: GOOGL) (NASDAQ: GOOG) self-driving unit Waymo is in talks with outside investors to raise as much as $4 billion to fund its autonomous driving efforts, according to a Bloomberg report on Wednesday. The company is also said to be mulling spinning off from parent...

Alphabet Inc’s (NASDAQ: GOOGL) (NASDAQ: GOOG) self-driving unit Waymo is seeing the departure of two more key executives, a little over a month after CEO John Krafcik’s exit in April, Techcrunch reported on Wednesday.  What Happened: The California-based company’s Chief...

Tesla Inc. (NASDAQ: TSLA) has privately admitted that CEO Elon Musk has been overstating the capability of the electric vehicle maker’s self-driving technology. What Happened: Tesla’s director of Autopilot software CJ Moore made the admission to regulators of the California Department...

Luxury electric vehicle maker Lucid Motors Inc has roped in a former executive of Alphabet Inc's (NASDAQ: GOOGL) (NASDAQ: GOOG) self-driving unit Waymo as its chief financial officer, Bloomberg reported on Wednesday. What Happened: The Saudi Arabia-backed EV-maker has named...

Alphabet Inc’s (NASDAQ: GOOGL) (NASDAQ: GOOG) self-driving subsidiary Waymo is eyeing raising more funds from outside the parent company and making acquisitions on its own, Bloomberg reported on Friday, citing the company’s co-CEOs. What Happened: Waymo Co-CEOs Dmitri Dolgov...