Self-driving vehicles may take a long time to hit the road in large numbers. The sensors driving much of their progress, however, are starting to go mainstream. Lidar technology is trickling into human-driven vehicles in some cases. In others, it’s finding scale in different industries. The latest example of lidar for human-driven vehicles came earlier
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Ned Curic joined Stellantis in 2021 as chief technology officer from Amazon, where he led Alexa Automotive. The former Toyota and Microsoft executive is charged with executing Stellantis’ plan to generate $20 billion in software-related revenue by 2030, from services and subscriptions, features on demand, and data and fleet services. Curic spoke with Automotive News
There’s a phrase that keeps getting tossed around in the autonomous vehicle business: trough of disillusionment. Cruise CEO Kyle Vogt said it on General Motors‘ recent earnings call, and Aurora Innovation CEO Chris Urmson used a variation of to describe where the industry is right now. Their comments came after Ford and Volkswagen-backed Argo AI
Volvo is setting lofty U.S. sales expectations for its EX90 crossover, the Swedish automaker’s most significant launch since the XC40 in 2017, foreshadowing the brand’s future technology, design and sustainability efforts. Volvo Car USA CEO Anders Gustafsson said the seven-seater, introduced Wednesday in Sweden, will become the brand’s No. 1 volume EV in the U.S.
LOS ALAMOS, New Mexico — Hailed as a “magical” solution. Derided as a perennial fantasy. Embraced as an “earthshot.” Many have eyed hydrogen’s tantalizing potential as an abundant and pollution-free energy source for transportation and beyond. Jules Verne described a method in which “water will one day be employed as fuel,” and wrote hydrogen and
Lidar companies Ouster and Velodyne said Monday they plan to merge. The two companies signed a merger agreement Friday. Existing Velodyne and Ouster shareholders would each own about 50 percent of the combined company under terms of the “merger of equals” agreement, which is expected to close in the first half of 2023. Ouster CEO
DALLAS — As traffic trundled by on nearby Interstate 45, Kendra Phillips stood on a gravel parking lot and sketched a practical piece of the autonomous trucking future. Over here, the gates through which Aurora Innovation Inc.’s self-driving trucks might arrive after completing trips to Houston. Over there, scales for weighing trucks before they depart.
As automakers call on the U.S. government to rethink a plan to limit tax credits for electric vehicles, they’re facing opposition from an unexpected source: their own suppliers. Car giants such as Ford Motor Co. and Toyota Motor Corp. say the government should loosen the terms of the $430 billion Inflation Reduction Act to allow
LOS ALAMOS, New Mexico — Hailed as a “magical” solution. Derided as a perennial fantasy. Embraced as an “earthshot.” Many have eyed hydrogen’s tantalizing potential as an abundant and pollution-free energy source for transportation and beyond. Jules Verne described a method in which “water will one day be employed as fuel,” and wrote hydrogen and
Automotive technology supplier Aptiv Plc on Thursday said its net income more than tripled during the third quarter, aided by higher vehicle production as automakers rushed to meet strong demand. Net income rose to $286 million in the quarter through September from $86 million a year earlier. Revenue improved 26 percent to $4.6 billion. Shares
Tesla CEO Elon Musk is staying the course with his promise of self-driving robotaxis within a few years, even as the auto industry is pulling back on autonomous-vehicle investments. But Tesla’s newest competitors — electric vehicle startups Rivian Automotive and Lucid Motors — are focusing their efforts on advanced driver-assistance systems that still require driver
The collapse of Argo AI, the consistent traffic problems created by Cruise’s hesitant self-driving test vehicles in San Francisco and the unfulfilled promise from Elon Musk to turn Teslas into robotaxis illustrate the difficulties facing the autonomous highway. Investors have poured $160 billion into the dream of autonomous transport over the last dozen years, according
Heightened raw materials costs, supply chain difficulties and shortages of key materials have sent prices for electric vehicle components rising over the last two years. That has delayed the industry’s quest to bring prices of EVs in line with those of gasoline-powered vehicles by at least a couple of years, said Jamie Fox, principal analyst
The auto industry is evolving at a rapid pace and connecting across adjacent businesses more than ever. Our upcoming Automotive News Congress events in Los Angeles and Detroit are perfect opportunities to learn from — and network with — a wide array of top executives and experts leading this transformation. In Los Angeles on Nov.
The image arrived in Susan Swenson‘s inbox on a Wednesday evening. Her corporate headshot had been crudely crossed out in digital red ink, and the word “Kill” was written in the bottom left corner. In the hours that followed, some of her colleagues received similar threats, including messages that referenced the recent assassination of former
News last week that autonomous vehicle company Argo AI is shutting down set off some hand-wringing about the viability of AVs and the future of self-driving. One publication likened it to the collapse of Bear Stearns in 2008. Yeah, the one that triggered the global financial crisis. Overreactions like that border on the farcical and
Germany has called for a pause in the developing deep-sea mining industry, saying not enough is known about the likely impacts of mining the seabed for battery metals. The world’s fourth-biggest economy joins countries including New Zealand and France in calling for seabed mining exploration to stop until further research is done on environmental effects.
In-car entertainment company Holoride launched the production version of its virtual reality entertainment platform as it looks to establish its lane in the growing in-vehicle entertainment market. The Holoride offering — which uses real-time motion data from the vehicle combined with unique content to create immersive VR entertainment experiences for passengers — will be available
A manslaughter trial set to begin in Los Angeles for a fatal crash caused by a Tesla operating on Autopilot presents a first-of-its kind test for the legal responsibility of an occupant in a car that was partly driving itself, legal experts say. The trial, set to begin Nov. 15, comes as civil cases head
Volkswagen Group is selling its WeShare car-sharing business to German startup Miles Mobility as the automaker retreats from what has largely been an unprofitable industry. Miles will integrate WeShare’s 2,000 VW-branded electric vehicles into its mostly combustion-engine fleet of 9,000 cars, the companies said Tuesday. Miles also ordered 10,000 EVs from the manufacturer, with deliveries
TOKYO – Japan’s Panasonic Holdings Corp said on Monday it will start building its new battery plant in Kansas in November and aims to begin mass production by March 2025, targeting North America’s fast-growing EV market. The conglomerate’s energy unit said in July it had picked Kansas as the site for a new plant to
Record heat waves in California and severe hurricanes in Florida point to a weakness in electric vehicle adoption: How do people charge during extreme weather events when power may be lost? It’s not a theoretical question. California leads the nation in EVs. During a record Labor Day heat wave, state officials asked EV owners to
To push U.S. battery development, the Department of Energy awarded $250 million in cost-sharing grants to three companies working to scale silicon technology for faster charging and more energy storage of EV batteries. They include Amprius Technologies Inc., Group14 Technologies Inc. and Sila Nanotechnologies, all focused on silicon-based battery technology. The DOE funding is part
Argo AI Inc. will lay off 173 employees in Michigan after its main backers Ford Motor Co. and Volkswagen decided to pull the plug on the autonomous vehicle technology startup. The Pittsburgh-based company will make the job cuts in waves starting Tuesday, according to a notice to the state. Operations will cease by the end
Mining companies are going to great lengths to source the raw materials needed for electric vehicle batteries, even miles below the ocean’s surface. They are racing to tap into these seabed stockpiles, striking deals, developing mining processes and equipment and striving to be eco-friendly. Meanwhile, environmental groups want to slow the rush until more is
Ford Motor Co. CEO Jim Farley said new federal electric vehicle tax credits created by the Inflation Reduction Act should have a “wide range of positive impacts” for the automaker as it ramps up production. “What’s not yet clear is the degree to which the IRA will drive customer demand versus offsetting our EV investments
Self-driving startup Argo AI will shut down operations and its employees and parts will be absorbed by its main backers, Ford Motor Co. and Volkswagen Group, TechCrunch reported on Wednesday, citing people familiar with the matter. Argo employees were told that some of them would receive offers from the two automakers, TechCrunch said, adding that
Mobileye Global Inc., the self-driving technology company owned by Intel Corp., priced one of the biggest U.S. initial public offerings of the year above its marketed range to raise $861 million. The company sold 41 million shares for $21 each, according to a statement Tuesday confirming earlier reports. Mobileye had marketed the shares for $18
Getty Images By Theo Leggett & Lora Jones BBC Business The popular Ford Fiesta is set to be discontinued as early as next year as costs of parts rise and drivers opt for SUVs, the BBC understands. Ford bosses are expected to announce in the next few days that the production of the Fiesta will
SAVANNAH, Georgia – Hyundai Motor Co will break ground on a $5.54 billion electric vehicle (EV) and battery plant in the United States on Tuesday, as South Korea’s biggest automaker grapples with an uncertain outlook for its EV sales in its top market. Hyundai plans to begin commercial production in the first half of 2025
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