self-driving cars

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk was asked about having “overly optimistic” timelines for full self-driving in electric vehicles in a recent interview. What Happened: Musk was asked about the overly optimistic timeline he has put forth for Tesla’s FSD. “I think it...

Tesla Inc (NASDAQ: TSLA) electric vehicles accounted for nearly 70% of reported crashes involving advanced driver-assist systems since last June, CNBC reported on Wednesday, citing federal data. What Happened: According to The National Highway Traffic Safety...

General Motors Co’s (NYSE: GM) robotaxi venture Cruise said on Thursday it had secured a commercial permit to charge a fare for driverless rides, much ahead of rivals such as Tesla Inc (NASDAQ: TSLA) and Alphabet Inc’s (NASDAQ: GOOG) (NASDAQ:...

General Motors Co (NYSE: GM) CFO Paul Jacobson said on Tuesday the company will spend about $2 billion on its self-driving taxi fleet Cruise this year. What Happened: The legacy automaker said it is just a permit away from being able to begin charging for rides....

A U.S. Senate candidate is spending millions of dollars on an advertising campaign to take on the world’s richest man and his electric vehicle company. What Happened: Technology entrepreneur Dan O’Dowd confirmed with Politico he's spending millions of dollars on a national...

German sports car manufacturer Porsche Automobil Holding SE (OTC: POAHY) hinted at discussing a potential partnership with Apple Inc (NASDAQ: AAPL). What Happened: Porsche executives had discussions with Apple and a few other tech companies in the U.S. late last year, the automaker's...

Autonomous driving startup Pony.ai, backed by Nio Inc (NYSE: NIO) and Toyota Motor Corp (NYSE: TM), said on Monday that it fetched a valuation of $8.5 billion following the first close of a Series D financing round. What Happened: Pony.ai said...

On Tuesday, Ford Motor Company (NYSE: F) enjoyed seeing its stock surging after it revealed it hired former Tesla Inc (NASDAQ: TSLA) senior vice president of engineering who was also in charge of Apple Inc's (NASDAQ: AAPL) automotive venture. Doug Field will be taking over as chief advanced...

Last week, Li Auto Inc (NASDAQ: LI) posted a widened second-quarter loss as a cost of selling EVs took a toll but revenue managed to beat expectations as deliveries nearly tripled. Moreover, the automaker provided an upbeat outlook for Q3 that anticipates outselling its rival Nio Inc (NYSE: NIO)...

Tesla Inc (NASDAQ: TSLA) is working towards fully autonomous cars. The company stated that every car it sells today comes with the hardware necessary for full self-driving; the software just needs to catch up to the task. Tesla has rolled its FSD Beta program out to a small set of testers who...

Motional, in collaboration with Hyundai, has announced its first robotaxi. The Ioniq 5 is based on Hyundai's Ioniq 5 all-electric vehicle that debuted earlier this year and features Motional autonomous technology to create an SAE Level 4 autonomous vehicle that can drive without a driver. Motional...

Ben Wolff, Chairman and CEO of Sarcos Robotics, a maker of robotic exoskeletons that is set to go public in a SPAC merger with Rotor Acquisition Corp (NYSE: ROT) soon, talked with Benzinga about industrial robots and the relevance of Tesla Inc’s (NASDAQ: TSLA) foray into the industry....

Famously abuzz with stretch limousines, lowriders, fancy sports cars, and doorless Jeeps, the streets of Los Angeles soon will host those vehicles' driverless younger cousin as well. Autonomous vehicle (AV) company Motional, a joint venture between Hyundai Motor Group (OCTUS: HYMTF) and global...

As dozens of companies have worked to bring autonomous vehicles (AVs) to life, most of the outside focus has been directed at safety and legal concerns. While engineers are fine-tuning sensors, cameras, and artificial intelligence systems to ensure vehicles properly recognize objects, brake when...

While still making barely a sliver of the overall market pie, plug-in vehicle sales more than doubled during the first half of the year, outpacing the 29% rise for total vehicle sales, according to research firm Wards Intelligence. However, COVID-19 has distorted comparison figures as this time...