Tesla only U.S. automaker meeting brake-safety commitment early
Keith Naughton, Bloomberg News VIDEO SIGN OUT
Tesla Inc. is the lone U.S. automaker to meet a commitment to equip all its models with automatic emergency braking almost two years ahead of schedule, as Detroit automakers lag behind the safety leaders.
Tesla is among 10 companies that have already fulfilled a promise to federal regulators to install the safety technology on its vehicles by Sept. 1, 2022, according to Consumer Reports magazine and the Insurance Institute for Highway Safety. Automatic emergency braking helps avoid rear-end collisions by sensing a car stopped ahead and automatically applying the brakes.
Synopsis
Arrival’s approach got backing from companies including Hyundai Motor Co. and BlackRock Inc. earlier this year, while United Parcel Service Inc. agreed to buy the first 10,000 vans equipped with advanced driver-assistance systems.
Arrival’s approach got backing from companies including Hyundai Motor Co. and BlackRock Inc., while United Parcel Service Inc. agreed to buy the first 10,000 vans equipped with advanced driver-assistance systems. (Pic: Arrival/Facebook)
Russian-born entrepreneur Denis Sverdlov wants to revolutionize automaking, replacing Henry Ford’s century-old conveyor-belt assembly lines with tiny factories that cost far less.
While most of the industry aims for big sales numbers that will keep huge plants busy, his Arrival Ltd., which will start producing electric buses and vans next year, is betting that doing just the opposite will help reduce production costs. Its microfactories need about $50 million in investment, compared with $1 billion for con
Tesla only US automaker meeting brake-safety commitment early
Keith Naughton
Tesla Inc. is the lone U.S. automaker to meet a commitment to equip all its models with automatic emergency braking almost two years ahead of schedule, as Detroit automakers lag behind the safety leaders.
Tesla is among 10 companies that have already fulfilled a promise to federal regulators to install the safety technology on its vehicles by Sept. 1, 2022, according to Consumer Reports magazine and the Insurance Institute for Highway Safety. Automatic emergency braking helps avoid rear-end collisions by sensing a car stopped ahead and automatically applying the brakes.
Ford Motor Co. has put the technology on 91% of its vehicles in the last year, the Yonkers, New York-based consumer magazine said in a release. General Motors Co. and Fiat Chrysler Automobiles NV have equipped fewer than half their models with the safety device, the magazine said.
Tycoon aims to reshape carmaking one microplant at a time
Ilya Khrennikov, Alex Sazonov and David Welch
Bloomberg
Russian-born entrepreneur Denis Sverdlov wants to revolutionize automaking, replacing Henry Ford’s century-old conveyor-belt assembly lines with tiny factories that cost far less.
While most of the industry aims for big sales numbers that will keep huge plants busy, his Arrival Ltd., which will start producing electric buses and vans next year, is betting that doing just the opposite will help reduce production costs. Its microfactories need about $50 million in investment, compared with $1 billion for conventional ones, and 10 of of them could make as many vehicles as a traditional outlet for half the capital expenditures and in a 10th of the space, it says.