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 […]
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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, […]
Elon Musk’s Tesla Inc revealed on Sunday its quarterly deliveries, marking a new reported record, exceeding Wall Street expectations as the globe battles through a semiconductor crisis. For Tesla, this signaled a six consecutive quarter following its report highlighting its high record deliveries. The electric vehicles (EV) company supplied in its fourth-quarter 308,600 cars, surpassing […]
Under pressure from U.S. auto safety regulators, Tesla has agreed to stop allowing video games to be played on center touch screens while its vehicles are moving. The National Highway Traffic Safety Administration says the company will send out a software update over the Internet so the function called “Passenger Play” will be locked and […]
The U.S. has opened a formal investigation into the potential for Tesla drivers to play video games on a center touch screen while the vehicle is in motion. In a document posted Wednesday on its website, the agency says the feature, called “Passenger Play,” may distract the driver and increase the risk of a crash. […]
Dogecoin shares soared to over 18 percent on Tuesday following Tesla Inc. chief, Elon Musk’s announcement of the company’s altered tactic of accepting cryptocurrency payments for merchandise. The announcement revealed on Twitter sent Dogecoin shares to heighten in valuation when most cryptocurrencies seem to be dropping in value. “Tesla will make some merch buyable with […]
Nofar Energy expands further its collaboration with Tesla: the company reported today it had entered a second framework agreement with Tesla on purchasing battery stored power systems with a total capacity of 200 megawatts for $54 million. Under the agreement, Nofar will pay 5% of the consideration on the contract signing date and the balance […]