Industry
Terrafugia starts taking orders for first flying car
Terrafugia, the flying car startup company with backing from China's Geely, has begun taking orders for its first flying car. Automotive News Europe (subscription required) reported Tuesday that deliveries of the flying car are expected to begin in 2019. The vehicle, called the Transition, will... read more
US to finally allow modern, self-dimming adaptive headlights
While automakers have implemented advanced headlight technology in other markets for years, outdated regulations in the United States have kept advances from the market. That... read more October 15, 2018 by Sean Szymkowski
Porsche CFO floated idea of IPO, could be valued at $81B, automaker says no way
Going public with an IPO is a quick way to raise capital, which is important to Volkswagen Group in the wake of the diesel scandal. Porsche could provide that capital with an... read more October 15, 2018 by Joel Feder
Bloodhound land speed record attempt on hold as project runs out of money
Bloodhound Programme Ltd, the company behind the Bloodhound SSC land speed record attempt, announced Monday that it has entered into administration, a process similar to... read more October 15, 2018 by Viknesh Vijayenthiran
Scott Keogh named new head of Volkswagen Group America
Volkswagen Group has named Scott Keogh its new Volkswagen Group of America head. He takes on the roles of president and CEO of Volkswagen Group of America and head of the... read more October 12, 2018 by Sean Szymkowski
BMW sets course to buy controlling stake in Chinese joint venture
To build cars in China and escape the country's steep tariffs on imports, foreign automakers have had to partner with local firms via 50:50 joint ventures. However, the... read more October 11, 2018 by Viknesh Vijayenthiran
James Murdoch could take chairman role at Tesla
James Murdoch, son of billionaire media mogul Rupert Murdoch, is the leading candidate to take over the chairman role at Tesla, the Financial Times reported Wednesday, citing... read more October 11, 2018 by Viknesh Vijayenthiran
Volvo will use Nvidia AI chip in next-gen SPA2 platform
Volvo is the latest automaker to announce plans to integrate Nvidia's powerful Drive AGX chips in its cars. Volvo said Wednesday that Nvidia's Drive AGX Xavier chip will be... read more October 10, 2018 by Viknesh Vijayenthiran
PSA Group will decide in coming months what brand(s) to launch in US
French automaker PSA Group, which controls the Peugeot, Citroën, DS and Opel (Vauxhall) brands, plans to sell cars in the United States no later than 2026. In the coming... read more October 10, 2018 by Sean Szymkowski
Daimler and Geely could join forces to take on China's booming ride-hail market
German auto giant Daimler and its Chinese shareholder Zhejiang Geely Holding Group could join forces to take on the booming ride-hail market in China, which is currently... read more October 9, 2018 by Viknesh Vijayenthiran
Faraday Future enters dispute with key investor
Electric car startup Faraday Future is currently embroiled in a dispute with key investor Evergrande Health Industry Group, a subsidiary of property developer China... read more October 9, 2018 by Viknesh Vijayenthiran
Toyota and Softbank form Monet mobility company, plan autonomous services
Toyota and technology investment firm Softbank on Thursday agreed to join forces in developing a new mobility company that will offer a variety of services including... read more October 8, 2018 by Viknesh Vijayenthiran
Feds look to loosen rules holding back self-driving car development
Companies in the self-driving car space have been clamoring for a loosening of road rules originally designed for cars with human drivers, which the companies say are... read more October 8, 2018 by Viknesh Vijayenthiran
Daimler starts work on US battery plant for future Mercedes EVs
Mercedes-Benz parent company Daimler is following Tesla's lead by constructing a battery plant in the United States to supply its future fleet of locally made electric cars... read more October 8, 2018 by Viknesh Vijayenthiran
Hyperloop Transportation Technologies shows design for passenger pod
California-based Hyperloop Transportation Technologies showed off the design of its future passenger pod on Tuesday. Called the "Quintero One," the pod was revealed in Puerto... read more October 5, 2018 by Sean Szymkowski
VW targets 150,000 EV sales by 2020, over 1 million by 2025
Volkswagen has set some ambitious sales targets for its future electric-car portfolio. In 2020, the German automaker expects to sell 150,000 electric cars globally. Five... read more October 4, 2018 by Sean Szymkowski
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