Warren Buffett bullish on driverless trucks after purchasing stake in Kodiak Robotics
Pilot Co., which operates Pilot and Flying J travel centers and is owned by Berkshire Hathaway, agreed on Tuesday to take a stake in Kodiak Robotics Inc., a driverless truck startup......»»
California Regulators Vote to Expand Robotaxis in San Francisco
Regulators voted in favor of Waymo and Cruise expanding in San Francisco, marking a major milestone toward commercializing robotaxis. California regulators voted in favor of robotaxi operators expanding their paid driverless service.....»»
Editorial: Why U.S. Steel bidding war is a reason to fret
There's likely some trepidation in auto purchasing circles of the market power a combined steel making entity — however it shakes out — would have on prices......»»
End of the road: The Xbox 360 game marketplace will shut down
Players will still be able to download previously purchased games. The Xbox 360. (credit: Thomas Hawk) The digital storefront for purchasing games and other media on the Xbox 360 game console will be shut down next summe.....»»
Self-driving vehicles may reshape transportation, whether the cities that host them like it or not
San Francisco serves as a case study for the rollout of robotaxis, especially as Cruise and Waymo get ready to ramp up their driverless services. Others are taking close note of the friction and complications there......»»
Warren Buffett"s Berkshire Hathaway cuts its stake in GM by 45%
Warren Buffett's investment firm sold 45 percent of its stake in GM, reducing its shares from about 40 million to about 22 million......»»
Taiwan"s Foxconn says it sees "billions" of dollars in India investments
A month after exiting an ambitious project to help build one of India's first chip factories, Taiwan's Foxconn says it remains bullish about the world's most populous nation and is planning "billions" of dollars in investments there, as multinational.....»»
Nikola recalls all battery-electric trucks, halts sales after fire probe
There are 209 battery-powered electric trucks in the marketplace between dealers and customers and the company is recalling those vehicles and is in the process of contacting all parties, Nikola said......»»
Changan Ford Motor to set up electric car JV with Chongqing Changan Auto
Changan Ford Motor will own a 60% stake and Chongqing Changan Automobile the remaining 40% stake......»»
California gives Waymo and Cruise the go-ahead to charge passengers
The California Public Utilities Commission voted 3-1 to approve 24-hour service. Enlarge (credit: Cruise) The robotaxi companies Waymo and Cruise now have permission to offer around-the-clock driverless rides to fee-payi.....»»
Regulators give green light to driverless taxis in San Francisco
California regulators gave approval Thursday to two rival robotaxi companies, Cruise and Waymo, to operate their driverless cars 24/7 across all of San Francisco and charge passengers for their services......»»
Rivian rules out price cuts in response to EV rivals
"We are bullish on the continued strong demand for our products," CEO RJ Scaringe said on Rivian's second-quarter earnings call. Rivian increased its 2023 production forecast to 52,000......»»
Efficient motors and LFP batteries will power this new medium-duty truck
Motiv has been making electric powertrains for other chassis for 14 years now. Enlarge (credit: Motiv) Compared to light-duty vehicles—smaller pickup trucks, SUVs, and passenger cars—there's a relative lack of new me.....»»
Nikola will raise capital after stockholders approve issuing new shares
Nikola stockholders will allow the company to issue new shares to raise funds to roll out fuel cell trucks and build a hydrogen fueling network......»»
JP Morgan gives Apple a price target of $235 for December 2024
Apple seems well positioned to drive higher confidence as an "earnings compounder," according to JP Morgan, which has raised its price target to $235 for the end of 2024.iPhone 14 PlusJP Morgan continues to remain bullish about Apple's future, having.....»»
Thermal imaging innovation allows AI to see through pitch darkness like broad daylight
Researchers at Purdue University are advancing the world of robotics and autonomy with their patent-pending method that improves on traditional machine vision and perception......»»
Apple rumored to be a potential ESPN strategic partner
Disney is looking for a strategic partner for ESPN from the tech industry, and Apple is rumored to be a prime candidate to pay billions for a stake in the sports network.Disney CEO Bob Iger is keen to bring ESPN more directly to consumers, and is hop.....»»
Detroit 3"s EV growing pains temper big Q2 profits
While GM, Ford and Stellantis continue to make billions from gasoline-powered trucks and SUVs, their electrification goals are proving harder than expected to reach......»»
NACTOY announces 30th anniversary eligible vehicles, charities
This year, 52 vehicles, split between 16 cars, seven trucks and 29 utility vehicles, will be reviewed by NACTOY's jurors to determine a winner in each category......»»
Francois Castaing, engineering ace behind Chrysler"s 1990s hits, dies at 78
Francois Castaing developed the concept of platform teams at Chrysler, breaking down silos between departments, such as engineering, purchasing and design......»»
NHTSA proposes 58 mpg standard for new vehicles by 2032
NHTSA on Friday said its new standards for the 2027-32 model years would require a 2 percent per year improvement in fuel efficiency for cars and a 4 percent per year improvement for light trucks......»»