CAR TECH - ROBO DAILY

Oct 28, 2021 (SPX)

The researchers set out to determine whether a decision-making model called drift diffusion could predict when pedestrians would cross a road in front of approa...

Tesla Model 3 tops European monthly sales in September

Oct 25, 2021 (AFP)

With the new car market in upheaval due to production delays caused by a lack of computer chips, Tesla's sold almost 24,600 Model 3 sedans to take a 2.6 percent...

Self-driving race cars make history in Indianapolis

Oct 24, 2021 (AFP)

Setting the record pace over two laps, a team from the Technical University of Munich (TUM) won a $1 million prize in the first Indy Autonomous Challenge, an ev...

Ghosn With the Wind

Oct 21, 2021 (SPX)

Ghosn, a business legend in Japan, was brought down in a corporate coup, aided and abetted by Japanese prosecutors. In jail, he was effectively tortured in an a...

Tesla profits surge on higher auto sales despite chip crunch

Oct 20, 2021 (AFP)

Elon Musk's electric car company posted a record profit of $1.6 billion for the three-month period, as revenues surged 57 percent to $13.8 billion compared to t...

Lebanon's car culture questioned in crisis

Oct 20, 2021 (AFP)

In the absence of a functioning public transport system, car culture has thrived and many households, even modest ones, boast multiple vehicles. Since 2019, how...

Auto sector shifts gear towards recycling parts, batteries

Oct 19, 2021 (AFP)

The world's automakers are investing in facilities to salvage old parts but the industry is also looking to recycle the millions of electric batteries used for ...

Volvo sets IPO for Oct 28, valuing it up to $23 bn

Oct 18, 2021 (AFP)

The Swedish carmaker first announced its plans to go public in early October, while noting that China's Geely would remain the largest shareholder. The expected...

Volvo Cars announces IPO to raise nearly $2.9 billion

Oct 04, 2021 (AFP)

The announcement marks another milestone for the automaker which had been struggling until Geely acquired it from US giant Ford for $1.8 billion in 2010. Volvo'...

Ford speeds to electric with $11.4 bn investment

Sep 28, 2021 (AFP)

The company said it will build four new plants to produce electric vehicles and batteries that will create 11,000 new jobs by 2025. Together with its South Kore...

Shares in Evergrande EV unit plunge as cash dries up

Sep 27, 2021 (AFP)

Evergrande is struggling with more than $300 billion of debt from a years-long acquisition binge, including into electric vehicles once billed as a rival to Elo...

Swedish electric carmaker Polestar to go public

Sep 27, 2021 (AFP)

Polestar, a European competitor to Tesla, said in a statement it would be used to "help fund significant investment in the expansion of its products, operations...

Swedish electric car maker Polestar plans $20-bn IPO

Sep 27, 2021 (AFP)

Polestar, a European competitor to Tesla, said in a statement that the funds from the initial public offering (IPO) would be used to "help fund significant inve...

UK climate motorway protesters risk jail under new injunction

Sep 22, 2021 (AFP)

"Invading a motorway is reckless & puts lives at risk. I asked National Highways to seek an injunction against M25 protestors which a judge granted last night,"...

German climate group takes BMW and Daimler to court

Sep 21, 2021 (AFP)

The NGO Environmental Action Germany (DUH) submitted applications to courts in Stuttgart and Munich on Monday evening, arguing the carmakers needed to set thems...

Making self-driving cars safer through keener robot perception

Sep 20, 2021 (SPX)

To accelerate that timeline, graduate student Heng "Hank" Yang and his collaborators have developed the first set of "certifiable perception" algorithms, which ...

Bumpy road as ageing Japan bets on self-driving cars

Sep 16, 2021 (AFP)

Japan is far from the only place with autonomous vehicles on the roads, but its government has set acceleration of the technology as a key priority. Last year, ...

NASA Lab studies sleepiness and use of automated systems

Sep 15, 2021 (SPX)

But today's vehicles are only partially automated, requiring the human driver to stay alert, monitor the road, and take over at a moment's notice. A new study c...

India launches $3.5 bn incentives for green cars

Sep 15, 2021 (AFP)

The push for electric vehicles is also fuelled by the need to reduce pollution, with major cities in the nation of 1.3 billion people home to some of the world'...

UK Transport Secretary encourages UK to switch to electric vehicles

Sep 10, 2021 (SPX)

A free app called EV8 Switch - backed by Pounds 2.7 million of UK Space Agency funding - launches today. It calculates how much money UK drivers could save by s...