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Daimler Trucks Buys Stake in Torc Robotics to Develop Self-Driving Truck Technology

Daimler Trucks Buys Stake in Torc Robotics to Develop Self-Driving Truck Technology

​Daimler Trucks, a division in the Daimler AG, has purchased a majority stake in Torc Robotics, a Virginia company developing autonomous technology for the commercialization of level 4 self-driving trucks in the U.S.

Eric WalzMar 29, 2019 12:00 PM PT   

Tesla Model 3 Sets New Delivery Record in Norway

Tesla Model 3 Sets New Delivery Record in Norway

In March, a total of 3,593 Model 3 sedans have been registered in Norway, making the electric vehicle the best-selling battery-powered vehicle in the country.

Vineeth Joel PatelMar 29, 2019 10:11 AM PT      

Lyft Valued $24.3 Billion Ahead of Tomorrow’s IPO, Becoming the First Ride-Hailing Company to Go Public

Lyft Valued $24.3 Billion Ahead of Tomorrow’s IPO, Becoming the First Ride-Hailing Company to Go Public

Lyft Inc. will become the first ride-hailing company to go public. Ahead of its Friday IPO, Lyft is reportedly pricing its stock at $72 per share, according to the New York Times. A price of $72 per share would value the ride-hailing firm at $24.3 billion.

FutureCar Staff Mar 28, 2019 6:44 PM PT     

Aptiv Releases Comprehensive Open-Source Dataset for Autonomous Driving

Aptiv Releases Comprehensive Open-Source Dataset for Autonomous Driving

Global auto parts supplier Aptiv, formally known as Delphi Automotive, announced today the full release of nuScenes, an open-source autonomous vehicle (AV) dataset. The dataset will help developers improve the safety of autonomous vehicles.

Eric WalzMar 28, 2019 2:53 PM PT       

China to Scale Back EV Subsidies to Push for Better Cars

China to Scale Back EV Subsidies to Push for Better Cars

In an attempt to push local automakers to come out with new, innovative technology for electric vehicles, China is planning to scale back its subsidies on electric cars.

Vineeth Joel PatelMar 28, 2019 6:00 AM PT      

BMW Builds its Own IT Platform to Process Data From its Autonomous Vehicles

BMW Builds its Own IT Platform to Process Data From its Autonomous Vehicles

Self-driving vehicles generate terabytes of data, which needs to be analyzed during the development process, so that deep-learning algorithms can make safer driving decisions and improve over time. The challenge for automakers is how to sort and analyze all of this data so it can be used more efficiently for self-driving vehicles. To address this problem, BMW is built its own IT platform it calls D3.

Eric WalzMar 27, 2019 5:15 PM PT         

Lidar Startups Innoviz & Ouster Raise Millions to Supply Tech for Self-Driving Cars

Lidar Startups Innoviz & Ouster Raise Millions to Supply Tech for Self-Driving Cars

One of the most important pieces of hardware for self-driving vehicles is lidar and two emerging lidar startups announced this week they raised millions in new funding to supply the technology. Israeli startup Innoviz Technologies said on Tuesday it raised $132 million, bringing its total funding to $214 million, while San Francisco-based Ouster said on Monday it raised $60 million.

Eric WalzMar 26, 2019 7:07 PM PT       

EV Startup EVELOZCITY Renamed Canoo, Will Offer its Vehicles as a Subscription

EV Startup EVELOZCITY Renamed Canoo, Will Offer its Vehicles as a Subscription

Los Angeles-based electric vehicle startup EVELOZCITY has changed its name to Canoo. The new company aims to be a boutique Californian brand offering four unique electric vehicles, each available as a subscription.

Eric WalzMar 26, 2019 1:12 PM PT     

Self-driving Test Sites Use Virtual Pedestrians to Streamline Development

Self-driving Test Sites Use Virtual Pedestrians to Streamline Development

The emergence of virtual testing techniques for autonomous vehicles point to a maturing industry that is set to deliver promises of a functional, safe and exciting driverless future.

Michael ChengMar 26, 2019 6:00 AM PT

Federal Judge Dismisses Lawsuit Filed by Tesla Shareholders Over Model 3 Production Problems

Federal Judge Dismisses Lawsuit Filed by Tesla Shareholders Over Model 3 Production Problems

​A federal judge in San Francisco dismissed for the second time a securities fraud lawsuit brought by Tesla shareholders alleging that the company’s CEO Elon Musk and other executives made misleading comments about the production status of its Model 3

FutureCar Staff Mar 25, 2019 4:37 PM PT    

EV Startup Faraday Future Saved by $600 Million Investment from Internet & Gaming Co The9

EV Startup Faraday Future Saved by $600 Million Investment from Internet & Gaming Co The9

Financially strapped electric vehicle startup Faraday Future (FF) looked like it was on the brink of insolvency last week after selling off its California headquarters to generate enough funds to stay afloat. Now the struggling electric automaker has received a lifetime from Chinese Internet company and video game distributor The9 Limited (The9), an unlikely place for a EV startup.

FutureCar Staff Mar 25, 2019 1:49 PM PT       

Tesla Gigafactory 3 Construction in Shanghai is 'Ludicrously Fast'

Tesla Gigafactory 3 Construction in Shanghai is 'Ludicrously Fast'

Tesla's Gigafactory 3 in Shanghai has entered into its first construction phase and the factory is starting to take shape very quickly.

Manish KharintaMar 24, 2019 10:31 AM PT

Boston Startup Optimus Ride to Deploy Driverless Shuttles in New York

Boston Startup Optimus Ride to Deploy Driverless Shuttles in New York

The self-driving shuttles will provide rides within the Brooklyn Navy Yard – a commercial site spanning 300 acres.

Michael ChengMar 24, 2019 6:00 AM PT

Here's What You Need to Know About the Fisker Model Y Rival

Here's What You Need to Know About the Fisker Model Y Rival

In its third reboot, electric vehicle startup Fisker Inc. plans to introduce a high volume EV, with a competitive price tag but no solid-state batteries just yet.

Manish KharintaMar 23, 2019 10:34 AM PT

Daimler AG Looking to increase its Stake in BAIC Motors, its Joint Venture Partner in China

Daimler AG Looking to increase its Stake in BAIC Motors, its Joint Venture Partner in China

Now that China has relaxed the 50 percent cap on foreign ownership, Daimler AG is looking to increase its increase its 49 percent stake in Beijing Benz Automotive, its JV with state-owned BAIC Group.

FutureCar Staff Mar 22, 2019 6:56 PM PT     

General Motors Confirms $300 Million Investment in Michigan Plant for its Next EV

General Motors Confirms $300 Million Investment in Michigan Plant for its Next EV

​General Motors today announced is investing $300 million in its Orion Township, Michigan, assembly plant to produce a new electric vehicle. The announcement is part of GM’s new commitment to invest a total of $1.8 billion in its United States manufacturing operations

FutureCar Staff Mar 22, 2019 1:55 PM PT    

Waymo Preparing to Open Additional Tech Service Center in Arizona

Waymo Preparing to Open Additional Tech Service Center in Arizona

In an effort to keep up with its tremendous growth, Waymo announced that it will open a technical service center in Mesa, Arizona that will measure in at 85,000 square feet.

Vineeth Joel PatelMar 22, 2019 6:00 AM PT     

NVIDIA Announces ‘DRIVE AP2X’ 9.0, its Latest Level-2 Autonomous Driving Platform

NVIDIA Announces ‘DRIVE AP2X’ 9.0, its Latest Level-2 Autonomous Driving Platform

NVIDIA CEO Jensen Huang delivered the opening keynote at this week’s annual GPU Technology Conference in San Jose, California to announce some of the company’s latest products and breakthroughs in fields such as autonomous driving, artificial intelligence and deep-learning. Among the highlights this year was the announcement of Nvidia’s latest autonomous driving platform called DRIVE AP2X, a complete level-2 autonomous driving platform.

Eric WalzMar 21, 2019 6:44 PM PT       

Tesla Sues Autonomous Driving Startup Zoox & Chinese EV Startup XPENG for Trade Secret Theft

Tesla Sues Autonomous Driving Startup Zoox & Chinese EV Startup XPENG for Trade Secret Theft

On Wednesday, Tesla Inc. sued former employees of both Zoox and Xiaopeng Motors, accusing them of trade secrets theft related to autonomous vehicle technology. The pair of lawsuits was filed in U.S. District Court of Northern California in San Jose.

FutureCar Staff Mar 21, 2019 12:00 PM PT      

President Donald Trump Isn’t a Fan of Autonomous Cars

President Donald Trump Isn’t a Fan of Autonomous Cars

“I don’t trust some computer to drive me around,” Trump told golf club members at his Bedminster club in 2017.

Vineeth Joel PatelMar 21, 2019 10:15 AM PT    

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