Reuters. Jason Ramshaw demonstrates the Cat Command remote control console at the Caterpillar Construction Industries EAME sales conference in Malaga. 2/4 By Rajesh Kumar Singh CHICAGO (Reuters) – The question. How does a company like Caterpillar (N:N) deal with declining sales of bulldozers and trucks in an epidemic inRead More →
Some best friend. On Saturday, a Tesla Model 3 on auto-pilot crashed into two vehicles — one of them belonged to the Connecticut State Police, according to ABC News. So why was driver relying on the self-driving software? He explained that he was checking on his dog in the backRead More →
© Reuters. Handout photo of NTSB investigators examining a self-driving Uber vehicle involved in a fatal accident in Tempe By David Shepardson WASHINGTON (Reuters) – The chairman of the U.S. National Transportation Safety Board (NTSB) on Tuesday criticized Uber Technologies Inc (N:) for its “ineffective safety culture” at the timeRead More →
Drew Angerer/Getty Images Drivers won’t be replaced any time soon. Democratic presidential hopefuls and auto makers are betting big on new technologies to rid cars of fossil fuels, while auto makers are betting on self-driving vehicles to open new markets. Cars and trucks account for about half of the U.S.Read More →
By Helen Reid and Eric Onstad OXFORD, England (Reuters) – Far from the sunny, wide streets of Phoenix, where Waymo’s self-driving taxis ply their trade, a handful of European startups are developing driverless cars to navigate the clogged, chaotic, rain-swept roads of European cities. Startups such as Oxbotica, FiveAI andRead More →
© Reuters. FILE PHOTO: People walk near the logo of SoftBank Corp in Tokyo By Alexandra Alper and Greg Roumeliotis (Reuters) – Cruise, a U.S. self-driving vehicle company majority-owned by General Motors Co (NYSE:), told Reuters on Friday that a U.S. national security panel approved a $2.25 billion investment inRead More →
Tesla Inc. Chief Executive Elon Musk is at odds with most in Silicon Valley and the automotive industry over a sensor technology that experts generally believe is a necessity for achieving full autonomous driving. Musk unveiled a new computer and custom chips for the company’s self-driving system at a TeslaRead More →
Tesla Inc. on Monday unveiled hardware dedicated to driverless cars at its investor day, with Chief Executive Elon Musk making some bold promises that included the company’s vehicles as “robo-taxis” as early as next year in some locations. Tesla TSLA, -3.85% shares ended 3.9% lower on Monday, slightly worse offRead More →
© Reuters. FILE PHOTO: A Tesla logo is seen in Los Angeles By Alexandria Sage SAN FRANCISCO (Reuters) – Tesla (NASDAQ:) Inc broadcast a web presentation on Monday to update investors about its self-driving strategy as Chief Executive Elon Musk tries to show that the electric car maker’s massive investmentRead More →
© Reuters. The logo of Hyundai Motor is seen during the 2017 Seoul Motor Show in Goyang SEOUL (Reuters) – South Korean automaker Hyundai Motor Co and Chinese technology firm Tencent Holdings have signed a preliminary deal to develop software for driverless vehicles, South Korea’s Maeil Business Newspaper reported onRead More →
© Reuters. SoftBank, others in talks to invest $1 billion in Uber’s self-driving unit: WSJ (Reuters) – A consortium that includes SoftBank Group Corp is in late-stage talks to invest $1 billion or more into Uber Technologies Inc’s self-driving vehicle unit, the Wall Street Journal reported on Wednesday, citing peopleRead More →
© Reuters. FILE PHOTO: A self-driven Volvo SUV owned and operated by Uber Technologies Inc. is flipped on its side after a collision in Tempe By David Shepardson (Reuters) – Arizona prosecutors said on Tuesday that Uber Technologies Inc is not criminally liable in a March 2018 crash in whichRead More →
© Reuters. FILE PHOTO: The Apple Inc. store is seen on the day of the new iPhone 7 smartphone launch in Los Angeles By Stephen Nellis (Reuters) – Apple Inc (NASDAQ:) said on Wednesday it plans to lay off 190 employees in its self-driving car program, Project Titan. Apple saidRead More →
