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May 23, 2021
Ford CEO: US needs to regulate automated driving systems By TOM KRISHER - AP Auto Writer Jim Farley, Ford Motor Company’s chief executive officer, stands next to the company’s new Ford F-150 Lightning on May 19 in Dearborn, Mich. DETROIT — The CEO of America’s second-largest auto company is calling for the federal government to set standards for fully or partially automated vehicles to tighten the safety of electronic driving systems. In urging federal regulation, Ford CEO Jim Farley b...
May 23, 2021
The CEO of America's second-largest carmaker is calling for the US government to set standards for fully or partially automated vehicles to tighten the safety of electronic driving systems.
May 14, 2021
Cruise plans to start making autonomous Origin shuttle in 2023 View Comments Detroit — Production of autonomous vehicle company Cruise LLCs self-driving shuttle is expected to start in early 2023, company CEO Dan Ammann said Thursday during a Financial Times conference. Ammann, the former president of General Motors Co., which largely owns Cruise, revealed the production timeline for the Cruise Origin while speaking with Financial Times at its Future of the Car summit. The reveal i...
May 13, 2021
The Origin is the companys first vehicle specifically designed to operate without a driver on board. It does not have manual controls such as pedals or a steering wheel. Cruises current test fleet is composed of hundreds of custom Chevrolet Bolt EVs equipped with driverless technology. Ammann said that fleet, which it plans to launch operations with, will continue to expand until the Origin goes into production. "That will continue to take shape over the balance of this year and next, but where...
April 20, 2021
Share this article Share this article LONDON, April 19, 2021 /PRNewswire/ -- The money is starting to pour into clean energy from all corners as the energy transition emerges as a wildly lucrative opportunity rather than simply a threat to the oil and gas industry. Mentioned in todays commentary includes: Fisker Inc. (NYSE: FSR), General Motors Company (NYSE: GM), Ford Motor Company (NYSE: F), Li Auto Inc. (NASDAQ: LI), XPeng Inc. (NYSE: XPEV). For the first time in 2020, energy tran...
April 18, 2021
) is an EV related stock, and its recent acquisition of Washington, D.C.-based Steer is where things get really interesting … Facedrive’s flagship carbon-offset ride-sharing and food delivery were early pioneers who saw where the EV megatrend was going … and they saw the multitude of lifestyle changes that would come along with it. That means an impressive collection of revenue verticals. When Facedrive added Steer to their portfolio in September 2020, they upped the ante for transportat...
April 18, 2021
https://www.afinalwarning.com/511950.html (Natural News) American self-driving car company Cruise will launch its first “robotaxi” service in Dubai in 2023, with plans to have nearly 4,000 vehicles in operation there by 2030. The company, which is backed by American vehicle manufacturer General Motors, will also establish a new company in Dubai to handle the deployment. Cruise has entered into an agreement with Dubai, a city and emirate in the United Arab Emirates, through 2029 to operate...
April 15, 2021
Courtesy of Walmart It will join a $2.75 billion funding round that also includes Microsoft and Honda. Walmart previously said it would team up with Cruise for a self-driving delivery pilot. Walmart is investing in San Francisco-based Cruise, the General Motors-backed self-driving car startup. The companies announced on Thursday that Walmart will participate in a $2.75 billion funding round. The retail giants investment comes five months after it announced plan...
April 15, 2021
Walmart is investing in Cruise, GMs self-driving car company tlevin@businessinsider.com (Tim Levin) © Courtesy of Walmart Its just the latest high-profile investment from a startup with backing from GM, Honda, and Microsoft. Courtesy of Walmart Walmart is investing in Cruise, GMs self-driving car startup. It will join a $2.75 billion funding round that also includes Microsoft and Honda. Walmart previously said it would team up with Cruise for a self-driving delivery pilot. ...
April 15, 2021
Cruise Hussein Mehanna is Cruises head of AI. He explained how the self-driving startup is using AI and machine learnings to scale its service. Mehanna also said Cruise could be the first "AI native" company. Because of his work, Insider named Kyle Vogt, chief technology officer, cofounder, and president of Cruise, to our annual list of the 10 leaders transforming supply chain. . For autonomous vehicle startup Cruise, the future isnt just about artificial intellige...