Jan 24, 2020 10:55 AM WST
Ride-hailing company Uber is still working on its goal to add self-driving cars to its ride-hailing network. The company announced on Thursday that its bringing its self-driving vehicles to Washington D.C. The nation’s capital will be the sixth major city where Uber is mapping and collecting data for its self-driving vehicles.
Jan 23, 2020 10:50 AM WST
With the company's stock at record highs, electric automaker Tesla has overtaken Volkswagen to become the world's second most valuable automaker with a market cap topping the $100 billion mark on Wednesday.
Jan 16, 2020 2:05 PM WST
Italian American automaker Fiat Chrysler is looking to bolster its presence in China and plans to build electric, connected vehicles for the world’s biggest auto market in a new joint venture with Foxconn.
Jan 16, 2020 11:35 AM WST
Electric automaker Tesla plans to open a design and research center in China to make what it called “Chinese-style” vehicles. The made the announcement in a recruitment notice on the Chinese social media platform WeChat, which is the equivalent of Twitter in China.
Jan 14, 2020 4:15 PM WST
Its been an amazing run for the electric automaker to close out the final quarter of 2019. Tesla’s stock more than doubled in the last three months alone. On Monday, shares of Tesla surged 9% to a record high, closing at $547.41, boosting Tesla's market cap to nearly $97 billion.
Jan 10, 2020 4:00 PM WST
General Motors is planning on resurrecting the Hummer nameplate as a new electric truck brand, sources said to the Wall Street Journal on Friday. The first commercials for the Hummer electric trucks are expected to run during this year's Superbowl on February 2, which serves as one of the most important (and most expensive) advertising opportunities for companies each year.
Jan 09, 2020 3:15 PM WST
At CES this week in Las Vegas, Uber and Hyundai Motors Group announced a new partnership on a futuristic multi-passenger VTOL aircraft that in the near future may whisk Uber customers in the sky above congested cities, cutting some two hour commutes down to just 15 minutes. Hyundai will produce the VTOL aircraft, while Uber will provide aerial ride-sharing platform for customers to book them.
Jan 08, 2020 12:05 PM WST
At the annual CES in Las Vegas on Wednesday, The Trump administration signaled strong support for self-driving vehicles as it releases new guidance from federal agencies.
Jan 03, 2020 2:50 PM WST
Electric carmaker Lixiang Automotive has filed for a confidential U.S. IPO this week and is making plans to become the second Chinese automaker behind NIO to launch an IPO in the U.S.
Dec 26, 2019 4:00 PM WST
Although the Ford Mach-E doesn’t arrive until later next year, the company's dealership service departments are training technicians to safely service Ford's first mass-market electric vehicle.