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GM Open to Work with Other Automakers on Electric Vehicles, CEO Says

GM Open to Work with Other Automakers on Electric Vehicles, CEO Says

General Motors is open to working with other automakers on the development of electric vehicles, Chief Executive Mary Barra said on Thursday.

FutureCar Staff 2019-08-02 11:57 PT

Toyota, Volvo Lead $31 Million Investment in AI-based Vehicle Inspection Startup UVeye

Toyota, Volvo Lead $31 Million Investment in AI-based Vehicle Inspection Startup UVeye

Israel-based startup UVeye announced today it raised an additional $31 million in funding, led by Toyota Tsusho, the trading arm of the Toyota Group, Volvo Cars and W. R. Berkley Corporation. The company developed a unique AI-based computer vision solution for vehicle inspections, including inspections of autonomous and ride-sharing vehicles.

Eric Walz2019-07-22 13:15 PT

Lexus Wants to Offer an Electrified Option of Every Model by 2025

Lexus Wants to Offer an Electrified Option of Every Model by 2025

Toyota, Lexus’ parent company, may not be too big on electric cars at the moment, but the company has plans to introduce an electrified option on every one of its vehicles in six years.

Vineeth Joel Patel2019-07-22 08:50 PT

Toyota to Team Up with China’s CATL to Develop Batteries for Electric Vehicles

Toyota to Team Up with China’s CATL to Develop Batteries for Electric Vehicles

Toyota Motor Corp has agreed to partner with China’s Contemporary Amperex Technology Co Ltd (CATL) to supply and develop batteries for new energy vehicles, which in fully-electric and plug-in hybrid models.

FutureCar Staff 2019-07-17 16:50 PT

Subaru, Mazda Join Toyota and SoftBank’s Autonomous Car Venture

Subaru, Mazda Join Toyota and SoftBank’s Autonomous Car Venture

Subaru and Mazda are joining Toyota and SoftBank’s venture to develop services that will use autonomous cars. Together, all of the major companies are looking to come out with a ride-sharing service.

Vineeth Joel Patel2019-07-06 07:30 PT

FCC Will Reconsider Opening the 5.9 GHz Band for Wi-Fi & Connected Cars

FCC Will Reconsider Opening the 5.9 GHz Band for Wi-Fi & Connected Cars

​The U.S. Federal Communications Commission (FCC) plans to vote next month on launching a new review of a key band of the 5.9 Ghz spectrum that has been reserved for automakers that could boost Wi-Fi use, a person briefed on the matter said on Tuesday. According to the FCC, the increase in spectrum will allow automakers to improve advanced driver assist systems.

Eric Walz2019-05-14 14:08 PT

Honda and Toyota Scrambling to Find Funds to Develop EVs, New Tech

Honda and Toyota Scrambling to Find Funds to Develop EVs, New Tech

Two of the automotive industry’s largest automakers are trying to free up some money to catch up with automakers that have invested heavily into electric vehicles and new technology.

Vineeth Joel Patel2019-05-09 08:51 PT

Uber Looking to Sell a Minority Stake in its Autonomous Vehicle Unit

Uber Looking to Sell a Minority Stake in its Autonomous Vehicle Unit

Ride-hailing company Uber is preparing to sign a deal to sell a minority stake in its autonomous vehicle unit Uber ATG ahead of next month’s IPO. The deal would allow Uber to retain operational control of ATG while reducing its cash burden.

Eric Walz2019-04-17 17:14 PT

The New PAVE Coalition Aims to Educate the Public to Embrace Self-Driving Technology

The New PAVE Coalition Aims to Educate the Public to Embrace Self-Driving Technology

Global automakers including Toyota, tech companies working on autonomous mobility, and other stakeholders have joined together to form a coalition called PAVE, which stands for “partners for automated vehicle education”. The coalition launched the first ever campaign to inform the public about the potential of self-driving technology.

Eric Walz2019-01-07 17:48 PT

Hyundai Announces its ‘FCEV Vision 2030’ to Accelerate Fuel Cell Vehicle Production

Hyundai Announces its ‘FCEV Vision 2030’ to Accelerate Fuel Cell Vehicle Production

Hyundai Motor Group, which includes automotive brands Hyundai and Kia, today announced its long-term roadmap called ‘FCEV Vision 2030’ plan, as the company reaffirms its commitment to accelerate the development of hydrogen fuel-cell technologies.

FutureCar Staff 2018-12-11 12:40 PT

The Mercedes Benz Hydrogen-powered GLC F-Cell Now Available in Europe

The Mercedes Benz Hydrogen-powered GLC F-Cell Now Available in Europe

Mercedes Benz has announced that its new GLC F-Cell, the company’s first hydrogen powered vehicle, is available for customers to lease in Europe. Drivers in Germany can now lease the GLC for 799 euros ($917) a month.

FutureCar Staff 2018-10-15 16:34 PT

Toyota Plans to Triple its Vehicle Output in China By 2030

Toyota Plans to Triple its Vehicle Output in China By 2030

Japan’s Toyota Motor Corp has announced it intends to triple its vehicle offerings in China by 2030. The automaker is planning to to ramp up production in China to 3.5 million vehicles annually by then, in a renewed push to make up lost ground in the world’s biggest auto market.

Eric Walz2018-08-28 16:54 PT

Toyota Investing $500 million in Uber to Develop Driverless Cars

Toyota Investing $500 million in Uber to Develop Driverless Cars

Uber’s struggling self-driving program is about to get some new life, thanks to a $500 million investment from Japan’s Toyota Motor Corp. On Monday, Reuters reported that Toyota and Uber will work together on the development of self-driving cars, citing sources familiar with the matter. The equity investment will help advance both Toyota and Uber’s autonomous driving technology.

Jeremy Carlton2018-08-27 15:57 PT

Automakers Warn U.S. Tariffs Will Raise Prices & Cost Hundreds of Thousands of Jobs

Automakers Warn U.S. Tariffs Will Raise Prices & Cost Hundreds of Thousands of Jobs

Two major auto trade groups on Wednesday warned the Trump administration that imposing up to 25 percent tariffs on imported vehicles would cost hundreds of thousands of auto industry jobs, dramatically hike prices on vehicles and threaten investment in self-driving technology.

Eric Walz2018-06-27 14:42 PT

Toyota to Invest $1 Billion in Singapore-Based Ride-Hailing Company Grab

Toyota to Invest $1 Billion in Singapore-Based Ride-Hailing Company Grab

Toyota is investing $1 billion in Singapore’s Grab Holdings Inc., valuing the Southeast Asia’s largest ride-hailing service at just over $10 billion.

Paul Young2018-06-13 13:59 PT

Trump Administration Considers Stricter Emission Standards for Imported Cars

Trump Administration Considers Stricter Emission Standards for Imported Cars

The Trump administration continues to target the automotive industry—this time it’s imported cars. President Trump reportedly wants to require imported automobiles to meet stricter environmental standards than U.S. automakers are subjected to, in order to protect them from competition.

Eric Walz2018-04-06 16:19 PT

DENSO Develops New Vision Sensor for Improved Night Driving Safety

DENSO Develops New Vision Sensor for Improved Night Driving Safety

DENSO Corporation, one of the world's largest automotive suppliers, today announced it has developed a new standard vision sensor that employs machine learning algorithms that detect pedestrians at night, cyclists, road signs, driving lanes and other road users.

Eric Walz2018-01-29 12:21 PT

Toyota’s Vehicle Safety Cocoon Sees Beyond the Human Eye

Toyota’s Vehicle Safety Cocoon Sees Beyond the Human Eye

Toyota showed off is new vehicle vision technology today at the opening of CES 2018 in Las Vegas. The camera system can detect objects in strong contrasting light, otherwise hidden by bright sunlight or darkness.

Eric Walz2018-01-09 14:58 PT

The Silicon Valley International Auto Show Kicks Off in San Jose

The Silicon Valley International Auto Show Kicks Off in San Jose

Global automakers including Toyota, Hyundai, Ford and Mazda are showing off their latest models this weekend at the Silicon Valley Auto Show being held at the San Jose McEnery Convention Center in San Jose, California.

Eric Walz2018-01-05 17:29 PT

Honda Exploring Solid-State Battery Technology

Honda Exploring Solid-State Battery Technology

Honda Motor Co is considering developing all solid-state batteries for electric vehicles (EVs) as a growing number of global automakers seek to develop powerful, next-generation car batteries to reduce vehicle emissions, Reuters has reported.

Eric Walz2017-12-22 10:25 PT

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