CAR TECH - ROBO DAILY

Tesla quarterly profits top $1 bn for 1st time

Jul 26, 2021 (AFP)

Record deliveries of electric cars during the period allowed Elon Musk's company to garner earnings of $1.1 billion in the quarter, up from $104 million in the ...

Going electric: Carmakers make the switch

Jul 25, 2021 (AFP)

The latest to unveil plans was German group Daimler, maker of Mercedes Benz and smart cars, which aims to be fully electric before 2030 -- five years ahead of a...

Uber driver independence a bumpy road

Jul 25, 2021 (AFP)

In California, labor legislation endorsed by voters last November in a referendum, known as Proposition 22, effectively overturned a state law requiring Uber, L...

Sales of electric cars charge ahead in Europe

Jul 23, 2021 (AFP)

Battery electric vehicles more than doubled their share of new car sales in Europe in the second quarter, according to the European Automobile Manufacturers' As...

Frenzied appetite for India food delivery giant Zomato's IPO

Jul 23, 2021 (AFP)

Around 30 Indian companies have announced plans to list shares this year, with start-ups attracting billions of dollars in investment even though many are yet t...

GM announces 2nd Bolt recall to address fire risk

Jul 23, 2021 (AFP)

GM cited "two rare manufacturing defects" in the high-voltage batteries, which are produced by LG Chem in South Korea. The automaker said it will notify 2017-20...

Electric vehicle maker Rivian raises another $2.5 bn

Jul 23, 2021 (AFP)

The US startup has raised about $10.5 billion to date, and did not disclose the company's valuation in its latest round of funding, which also included backing ...

Uber buys trucking software firm for $2.25 bn

Jul 22, 2021 (AFP)

Combining Texas-based Transplace with Uber Freight will create a huge, comprehensive transportation and logistics network, the companies said in a joint release...

Ford, Lyft to collaborate on autonomous ride-hailing venture

Jul 21, 2021 (AFP)

Under the program Ford self-driving cars, with safety drivers, will be deployed on the Lyft network in Miami later this year and in Austin starting in 2022. The...

Self-driving car startup Aurora on road to going public

Jul 15, 2021 (AFP)

Silicon Valley-based Aurora is on course for a Wall Street debut by merging with Reinvent Technology Partners Y, a specific acquisition company formed by Linked...

Will drivers get burned by EU ban on ICE cars?

Jul 14, 2021 (AFP)

- Can one still drive a petrol or diesel car?- Yes. Automakers are expected to sell millions of petrol- and diesel-engine cars in Europe between now and 2035 an...

UK publishes plans to decarbonise transport by mid-century

Jul 14, 2021 (AFP)

Transport Secretary Grant Shapps said the proposals would provide a "credible pathway" for the whole transport sector to reach net zero by mid-century, as the c...

Fiat-Chrysler also charged in French 'dieselgate' case

Jul 13, 2021 (AFP)

The automaker joins Volkswagen, Renault, Peugeot and Citroen over allegations they deceived customers over emissions produced by their diesel vehicles. Fiat-Chr...

EU slaps VW, BMW with 875-mn-euro antitrust fine

Jul 08, 2021 (AFP)

Launched after anti-cartel raids in 2017, the case marked yet another blow against the German auto-making sector, which was rocked by the devastating "dieselgat...

Opel to be 100% electric in Europe by 2028: CEO

Jul 08, 2021 (AFP)

Carmakers around the world have started setting timetables to phase out petrol and diesel vehicles in the face of increasingly strict anti-pollution standards p...

Paris to extend 30 kph speed limit to most streets

Jul 08, 2021 (AFP)

Mayor Anne Hidalgo, a Socialist who is weighing a run for the presidency next year, has pledged to reduce the amount of public space dedicated to cars in one of...

EU prepares to send petrol cars to the scrap heap

Jul 08, 2021 (AFP)

On Wednesday next week, the European Commission will unveil its plan to reduce carbon emissions from new vehicles to zero within the next decade, to fight clima...

Chinese Tesla challenger debuts in Hong Kong with $1.8 bn IPO

Jul 07, 2021 (AFP)

XPeng, which is already Nasdaq-listed and is chasing Tesla in China, is the latest Chinese company to list on the Hong Kong stock exchange, following other big ...

China's Huawei scores 4G patent deal for VW cars

Jul 07, 2021 (AFP)

The deal is its largest yet in the automotive industry, it added. It comes as the company moves aggressively into intelligent vehicles and other new sectors aft...

China asked ride-hailing service Didi to delay IPO

Jul 06, 2021 (AFP)

Didi was banned from app stores on Sunday by the Cyberspace Administration of China (CAC), and now faces a probe over unspecified national security issues, in a...