Tesla Inc said on Friday trading in its three-for-one split shares will start on Aug. 25, after the electric vehicle maker’s shareholders approved the proposal during its annual meeting. Shareholders of the EV maker voted for board recommendations on most issues at the company’s annual meeting on Thursday, including re-electing directors, approving a stock split, […]
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General Motors Co said on Wednesday owners of certain vehicles equipped with its Super Cruise technology assisted driving system will now be able to use it on 400,000 miles (643,740 km) of North American roads, doubling the current operating area as Tesla and other automakers race to deploy hands-free cruising technology. GM’s Super Cruise system, […]
Nowadays, and as the world welcomes the newly risen digital era when we think about the future of transportation, it won’t include gasoline-powered vehicles but electric ones. Furthermore, when we think about electric cars, the first company that crosses our mind is the only company bestowed the title EV giant, Tesla. But the thing being […]
Tesla Inc is open to buying a mining company if producing its own supply of electric vehicle (EV) metals would speed up worldwide adoption of clean energy technologies, Chief Executive Officer Elon Musk said on Tuesday. Concern is mounting across the EV industry that there may not be enough supply of lithium, nickel, copper and […]
The smartification pandemic has massively hit vehicle software intelligence in automotive industry. All areas from car manufacturing to the tiniest component of the resulting vehicle have witnessed an overhaul that rely on artificial intelligence (AI)-based operational optimization. Power delivery, predictive component performance, assistant/autonomous driving are just a few instances exemplifying the radical change in progress. […]
Toyota Motor Corp unit Woven Planet is following the lead of Tesla Inc in trying to advance self-driving technology with low-cost cameras. Woven Planet told Reuters it is able to use cameras to collect data and effectively train its self-driving system, a “breakthrough” that it hopes will help drive down costs and scale up the […]
As Tesla kicks off production at its new German plant this month, Volkswagen is weeks away from finalizing plans for a 2 billion euro ($2.2 billion) electric vehicle (EV) factory that it hopes will bring it up to speed with its U.S. rival. Tesla says it can already churn out a Model Y in 10 […]
The U.S. National Highway Traffic Safety Administration (NHTSA) on Sunday reinstated a sharp increase in penalties for automakers whose vehicles do not meet fuel efficiency requirements for model years 2019 and beyond. The decision was a win for Tesla that could cost other automakers hundreds of millions of dollars or more. Confirming an earlier report […]
Self-driving vehicle companies from Tesla Inc to General Motors Co’s Cruise are racing to start making money with their technology, outrunning efforts by regulators and Congress to write rules of the road for robot-driven vehicles. On Tuesday, Cruise said that SoftBank Group Corp will invest another $1.35 billion in anticipation of Cruise launching commercial robo-taxi […]
Google uncovered plans to bring forth an open-source application programming interface (API) standard called Ripple Project that would help bring multi-functional small chips to various devices, including electric vehicles (EV). Since 2015, Google openly revealed that it was entering the gates of chip-making with its tiny radar chips that can keep score of sleep schedules, […]