-
Navistar Posts Big Jump In Q2 Earnings With Help From TuSimple
Tuesday, June 8, 2021 - 2:49pm | 546Navistar International Corp. (NYSE: NAV) reported a big jump in its Q2 fiscal-year earnings due in part to gains on its investment in autonomous trucking software startup TuSimple Holdings. Navistar and TuSimple (NASDAQ: TSP) are working together to bring a Class 8 high-autonomy truck to market in...
-
Waymo And Cruise Said To Be Seeking Approval To Commercialize Self-Driving Rides In San Francisco
Wednesday, May 12, 2021 - 2:15am | 589Alphabet Inc’s (NASDAQ: GOOGL) (NASDAQ: GOOG) self-driving subsidiary Waymo and General Motors Co (NYSE: GM)-backed Cruise have applied for commercial permits in San Francisco, according to a Reuters report that cited state documents. What Happened: The self-driving technology companies...
-
Tesla Tells Regulators Elon Musk's Tweet Doesn't 'Match Engineering Reality' On Self-Driving Tech
Monday, May 10, 2021 - 2:55am | 544Tesla 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...
-
Lyft To Sell Self-Driving Unit To Toyota In $550M All-Cash Deal
Tuesday, April 27, 2021 - 6:11am | 394Lyft Inc (NASDAQ: LYFT) is selling its self-driving unit Level 5 to Toyota Motor Corp (NYSE: TM) subsidiary Woven Planet Holdings for $550 million in cash, the companies announced on Monday — a move that is expected to help the ride-sharing company hit its profitability target a...
-
Tesla Q1 Safety Report Shows YoY Rise In Autopilot Accidents: What You Need To Know
Monday, April 19, 2021 - 12:22am | 540Tesla Inc.’s (NASDAQ: TSLA) vehicle safety report for the first quarter of 2021 shows that the average distance per accident while driving on Autopilot has declined year-over-year. What Happened: Tesla said that, in the most recent quarter, vehicles using Autopilot registered an accident for...
-
Tesla Revokes FSD Beta Access For Driver Who Don't Pay 'Sufficient Attention To The Road'
Monday, March 15, 2021 - 3:46am | 393Tesla Inc (NASDAQ: TSLA) CEO Elon Musk said over the weekend that the automaker was revoking access to its beta full-self-driving feature to drivers who did not pay heed to the road. What Happened: The entrepreneur revealed on Twitter that the FSD beta had expanded to approximately 2,000 owners....
-
Why Apple Car Is Likely To Follow iPhone's Playbook On Production
Thursday, March 11, 2021 - 4:59am | 449Apple Inc (NASDAQ: AAPL) is likely to use an approach similar to one it uses to make the iPhone for manufacturing its rumored electric vehicle, Bloomberg reported Wednesday. What Happened: The Tim Cook-led company may work with a contract manufacturer after talks with some automakers did not bear...
-
Apple Car: After Hyundai Fallout, Rumors Of Renault Partnership Appear
Wednesday, February 10, 2021 - 7:42am | 566The Apple Inc. (NASDAQ: AAPL) Car project continues to heat the market, although not directly the Apple stock. For some time, the Cupertino company has been working on a fully autonomous electric car, but it doesn’t seem to have found the right partner among car manufacturers so far. Apple-...
-
Apple Car Could Be Made By Kia In US: Report
Wednesday, January 20, 2021 - 1:09am | 395Apple Inc.’s (NASDAQ: AAPL) electric vehicles could be made by Kia Corp. at the latter’s manufacturing facility in the United States, according to a report from the Korean outlet eDaily. What Happened: Local media reports earlier this month suggested Hyundai Motor Company (OTC: HYMTF)...
-
Xpeng Unveils Autonomous Driving Feature Akin To Tesla's: What You Need To Know
Tuesday, January 19, 2021 - 1:08am | 537Xpeng Inc (NYSE: XPEV) has unveiled a new beta autonomous driving solution, which will help its flagship P7 sedan compete with similar offerings from Tesla Inc (NASDAQ: TSLA), CNBC reported Monday. What Happened: The new feature — called the Navigation Guided Pilot (NGP) — is a part of...
-
Self-Driving Vehicles Can Now Be Made Without Steering Wheels Under New NHTSA Rules
Friday, January 15, 2021 - 3:46am | 495The outgoing Donald Trump administration issued new rules Thursday related to self-driving vehicles in the United States, which would allow such vehicles to be exempted from certain crash standards applicable to traditional vehicles. What Happened: The new rules, which will cut costs, only apply to...
-
Apple Negotiates Tie-Up On Self-Driving EVs With Hyundai: Report
Thursday, January 7, 2021 - 10:05pm | 391Apple Inc (NASDAQ: AAPL) and Hyundai Motor Company (OTC: HYMTF) are conducting early negotiations on the development of self-driving electric vehicles, Bloomberg reported Thursday. What Happened: The South Korean automaker initially confirmed through a statement that the two companies are...
-
Waymo Ditches The Term 'Self-Driving,' Taking Apparent Aim At Tesla
Thursday, January 7, 2021 - 7:24am | 417Alphabet Inc’s (NASDAQ: GOOGL) (NASDAQ: GOOG) subsidiary Waymo announced in its blog that henceforth the company would address its mobility services as "fully autonomous driving technology," and ditch the term "self-driving." What Happened: Starting with the...
-
GM, Cruise To Seek NHTSA Approval For Self-Driving Cars With No Steering Wheels, Pedals
Thursday, October 22, 2020 - 12:17am | 522General Motors Company (NYSE: GM) and subsidiary Cruise LLC are seeking regulatory approval for running a number of self-driving vehicles that have no steering wheels or pedals, the company announced Wednesday. What Happened: The Cruise Origin vehicles will be deployed in the coming months,...
-
New Federal Govt Tool Helps Track Self-Driving Vehicle Testing Efforts Across US
Thursday, September 3, 2020 - 4:14am | 412The National Highway Traffic Safety Administration (NHTSA) on Wednesday released an online tool to let improve the availability of public information surround the testing of self-driving vehicles. What Happened: The NHTSA launched an AV Test Initiative, which...