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Volvo Cars Sets New Goal for Autonomous Driving Cars

Jun 11, 2018

Swedish automaker Volvo Cars expects to generate half of all sales annually from fully electric cars by 2025, with one third of all cars sold to be autonomous driving cars. The company said that half of its driverless cars will be ...

Tags: Volvo Cars, Autonomous Driving Cars

Ford Smart Mobility and Zotye Auto Sign Mou to Set up EV Solutions JV

May 7, 2018

Ford Smart Mobility and Zotye Auto have signed a memorandum of understanding (MOU) to establish electric vehicle solutions joint venture (JV) for China’s ride-hailing market. The two car companies plan to supply ride-hailing fleet ...

Tags: Smart Mobility, Zotye Auto

California Proposes to Allow Passengers in Autonomous Vehicles

Apr 12, 2018

The California Public Utilities Commission (CPUC) has issued a proposal, which would allow passenger carriers to provide free test rides in autonomous vehicles. The proposal would authorize transportation firms using autonomous vehicles ...

Tags: Autonomous Vehicles, passenger carriers

BMW, Daimler Agree to Merge Mobility Services Business Units

Apr 10, 2018

German automakers BMW and Daimler have agreed to merge their respective mobility services business units into a joint venture (JV) in which each company will hold a 50% stake. The agreement will bring together the companies’ ...

Tags: BMW, Daimler

Magna, Lyft Partner to Develop Self-Driving Systems

Mar 19, 2018

Canadian global automotive supplier Magna and US ridesharing firm Lyft have partnered to jointly fund, develop, and manufacture self-driving systems. Apart from funding the partnership, Magna agreed to invest $200 in Lyft. The ...

Tags: Magna, Self-Driving Systems

FCA to Supply Chrysler Pacifica Hybrid Minivans to Waymo's Self-Driving Service

Feb 8, 2018

FCA US has agreed to deliver Chrysler Pacifica Hybrid minivans to Waymo's driverless ride-hailing service. Delivery of the vehicles is expected to take place later this year and they will be deployed across multiple cities in the US. ...

Tags: Self-Driving Service, Chrysler

Lyft Secures Approval to Test Self-Driving Cars in California

Nov 27, 2017

Ride-hailing company Lyft has secured approval to start trial of its self-driving vehicles in the US state of California. The approval allows Lyft to join the likes of companies such as Google’s Waymo, Uber, Apple, Ford and ...

Tags: Self-Driving Cars, Apple

Anheuser-Busch Releases Limited-Edition Budweiser Beer

Oct 25, 2017

Anheuser-Busch has released a new limited-edition 1933 Repeal Reserve, a Budweiser Amber Lager in celebration of prohibition's repeal. Budweiser 1933 Repeal Reserve is inspired by an amber lager created and brewed by Adolphus Busch that ...

Tags: Budweiser Beer

Alphabet Leads $1bn Investment in Uber Rival Lyft

Oct 23, 2017

CapitalG, a growth investment fund under Alphabet has led $1bn round of investment in ride-hailing company Lyft. With this investment, Lyft’s valuation has gone up to $11bn. CapitalG’s partner David Lawee will be joining ...

Tags: CapitalG, Rival Lyft

PSA Group Completes Acquisition of GM's Opel, Vauxhall Brands

Aug 3, 2017

French automaker PSA Group (Groupe PSA) has completed the acquisition of General Motors' (GM) European brands Opel and Vauxhall. With the acquisition now being officially complete, PSA Group has become the second largest automaker in ...

Tags: PSA Group, General Motor

Didi Chuxing, Softbank Invest $2bn in Ride Hailing Firm Grab

Jul 26, 2017

Didi Chuxing and SoftBank Group will invest up to $2bn to lead Grab’s current financing round, which expects to raise $2.5bn in total. The investment upon completion will allow the ride-hailing company to strengthen its position in ...

Tags: Hailing Firm Grab

Microsoft and Baidu Form Autonomous Driving Partnership

Jul 20, 2017

China's biggest search engine Baidu and technology giant Microsoft have joined join forces in the intelligent cloud to advance autonomous driving. As part of the collaboration, Microsoft will provide assistance to Baidu in launching the ...

Tags: Microsoft, Autonomous Driving

Google's Waymo Pulls Plug on Firefly Self-Driving Car

Jun 16, 2017

Google’s self-driving subsidiary Waymo is retiring its prototype autonomous vehicle, dubbed Firefly. The Firefly vehicle, which has no wheel and pedals, was developed as a platform to experiment and learn, but not for mass ...

Tags: Google, autonomous vehicle

Lyft, Nutonomy Partner on Self-Driving Cars

Jun 8, 2017

Ride-hailing company Lyft is collaborating with autonomous vehicle technology firm nuTonomy to optimize passenger experience in self-driving cars. Under the partnership, the two companies will align their technology platforms to collect ...

Tags: Self-Driving Cars, autonomous vehicle

Report – Apple to Make Siri Play Nice with More Apps

Jun 5, 2017

After announcing last year that Siri was to be made compatible with third-party apps, Apple is reportedly set to expand that compatibility at WWDC 2017 next week. As Reuters reports, Apple will announce plans to make Siri work with a ...

Tags: Apple, Apps

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