US ride-hailing firm Lyft has raised $600m in new round of financing at a $7.5bn valuation. The investors in the funding round include KKR, Baillie Gifford, Alliance Bernstein, Canada’s Public Sector Pension Investment Board (PSP) ...
Tags: Lyft, self-driving car
Ford has unveiled the second of 13 new electrified vehicles the company plans to introduce in the next five years. The industry’s first pursuit-rated hybrid police car, the all-new Ford Police Responder Hybrid Sedan, is part of a ...
Tags: Ford, Hybrid Police Car
Honda has unveiled NueV, a pure-electric concept car with automated ride-sharing capabilities at the Geneva Motor Show in Switzerland. The concept car has a built-in smart engine, which Honda claims can learn from its driver. The ...
Tags: Honda, Concept Car, Geneva Motor Show
The McLaren F1 team has revealed it will be 3D printing “race-ready” parts at next weekend’s Bahrain Grand Prix. In a first for the world’s most illustrious motorsport, McLaren Racing says it’ll have an ...
Jaguar has teamed up with GoPro to offer the ultimate dash-cam experience. As part of the launch of the new F-Type range of sports cars, Jaguar has partnered with GoPro on a “world-first" new dash cam system. The companies have come ...
China's apparent oil demand rose 5.3% year on year in the first two months of 2017 to 11.65 million b/d on the back of robust economic growth, holiday transportation demand and efforts to build stocks ahead of the refinery maintenance ...
Tags: oil demand, Oil products
In view of fast growing demand for LED automotive lighting in the China market, some Taiwan-based LED packaging service providers and LED automotive lighting module makers have been competing for orders there, according to industry sources. ...
Tags: LED packaging, LED devices
Subaru of America will showcase its new 2018 Crosstrek at the upcoming New York International Auto Show. Under the hood, the Subaru 2018 Crosstrek is powered by a revised FB 2.0 litre 4 cylinder Boxer engine coupled with a direct ...
Daimler and Bosch are partnering to speed up the development of self-driving cars. The two companies have signed a development agreement to bring fully automated (SAE Level 4) and driverless (SAE Level 5) driving to urban roads by the ...
Tags: Daimler, Driverless System
The UK Government has launched the first competition to access funding from its £100 investment program supporting the creation of test facilities for connected and autonomous vehicles (CAV). According to the Business, Energy and ...
Tags: CAV, autonomous vehicles
Last year, following a ton of speculation, it emerged Apple may have scaled back its self-driving car ambitions, after many expected it to announce its own autonomous vehicle. A Bloomberg report from October claimed the iPhone maker had ...
Nissan is all set to unveil its new GT-R Track Edition at the upcoming New York International Auto Show to be held this April. The GT-R vehicle, which will be available in late summer, can be ordered at GT-R certified Nissan dealers in ...
Tags: GT-R Lineup, Nissan
German authorities have raided Audi’s offices and homes of several officials over the emissions test cheating scandal by its parent firm Volkswagen. The authorities allege that Audi engineers and managers might have installed the ...
US chip giant Intel has agreed to acquire Israeli driverless technology company Mobileye in a deal worth about $15.3bn. Intel has agreed to pay about $63.54 per share under the deal, which is expected to close by the end of this year. ...
Ford has introduced its new Outrageous Green Metallic tinted color for the 2018 Focus Electric in celebration of Saint Patrick’s Day and in line with Pantone’s 2017 Color of the Year, Greenery. For Ford’s color and ...
Tags: Focus Electric, tactile elements