California Voters Approve Prop 22, Allowing Uber & Lyft Drivers to Remain as Independent ContractorsNov 04, 2020 10:00 AM WST
California ride-hailing providers Uber Technologies Inc. and Lyft Inc. will be able to keep their drivers as independent contractors in California as voters overwhelmingly approved Proposition 22, an amendment to the state’s Assembly Bill 5 (AB5) that passed last year. AB5 would otherwise have required that Uber and Lyft, as well as other app-based delivery companies, classify a majority of their drivers working over 40 hours each week on the platform as full-time employees in the state.
Silicon Valley Lidar Startup Aeva Inc. Agrees to go Public in a SPAC Deal That Will Value the Company at $2.1 BillionNov 02, 2020 5:00 PM WST
Silicon Valley lidar startup Aeva Inc said on Monday it has agreed to go public through a merger with special purpose acquisition company (SPAC) InterPrivate Acquisition Corp. The reverse merger deal will make Aeva the third lidar company seeking and IPO through a deal with a SPAC. The newly combined company will have an implied pro forma equity value of approximately $2.1 billion.
Oct 30, 2020 12:55 PM WST
As a leader in the development of autonomous driving technology, including commercial robotaxis and self-driving trucks, Alphabet's autonomous driving division Waymo utilizes comprehensive safety requirements and practices for its autonomous vehicle development, testing and deployment phases, which the company shared in two detailed reports.
Self-Driving Truck Startup Locomation Demonstrates its Truck Platooning Technology for State RegulatorsOct 28, 2020 5:25 PM WST
Pittsburgh-based self-driving truck startup Locomation just provided a group of state regulators a demonstration of its truck platooning technology. The company announced the successful completion of an on-road pilot program intended to showcase autonomous trucking technology for the SmartBelt Coalition (SBC), which is a collaboration between transportation agencies and educational institutions in the states of Michigan, Ohio and Pennsylvania.
Oct 22, 2020 1:55 PM WST
The National Highway Traffic Safety Administration (NHTSA) said it was closely watching Tesla’s latest beta software that launched on Tuesday, which allows its vehicles to drive themselves without human intervention. The NHTSA said it was standing by and ready to protect the public against safety risks.
Oct 21, 2020 7:30 AM WST
Cadillac’s parent company General Motors claims that its “MagneRide” is the world’s fastest reacting suspension technology, which allows for greater responsiveness and enhanced isolation from road imperfections. The latest version is called “MagneRide 4.0” and it improves the suspension of Cadillac models even further.
Oct 20, 2020 7:30 AM WST
Despite the ongoing trade disputes between the U.S. and Beijing, China welcomes U.S. companies to actively participate in its market and will strive to create a fair and just environment, the industry ministry said on Monday after a meeting it held with firms including Qualcomm Inc and U.S. automaker General Motors.
Oct 16, 2020 2:05 PM WST
Taiwanese contract manufacturer Foxconn announced on Friday that it aims to provide components or services to around 10% of the world's electric vehicles (EVs) between 2025 and 2027. Foxconn Chairman Liu Young-way said his company has been in talks with multiple car manufacturers for future cooperation.
GM’s Autonomous Driving Division Cruise Granted Permit to Deploy its Self-Driving Vehicles in San Francisco Without Safety Drivers OnboardOct 15, 2020 3:50 PM WST
In a blog post on Thursday, GM’s autonomous driving division Cruise announced it was granted a permit to operate its self-driving vehicles without a human safety driver behind the wheel, becoming the fifth company granted the new permit in California. However, Cruise will be the first to deploy autonomous vehicles without safety drivers within the city of San Francisco.
Oct 13, 2020 7:00 PM WST
On Tuesday, TomTom announced it will extend its existing partnership that began in 2015 of integrating TomTom’s maps, traffic data, and Maps APIs across Uber’s entire global platform. As part of the ongoing agreement, Uber will serve as a trusted map editing partner to TomTom, leading to even more accurate navigation and location, trip routing, fares, and better arrival time estimates for Uber customers.