Tesla has 42 autonomous vehicles authorised for driverless ridehailing in Texas. Waymo has 577. The figures were published in an online database on 28 May as a new Texas law took effect giving the state greater oversight of commercial driverless vehicle operators. Tesla’s fleet is less than one-tenth the size of Waymo’s in the same […]
LG Electronics shares surged as much as 23.95% after the company announced a range of automotive solutions built on Google’s Android Automotive operating system. The stock last traded at 279,500 won. It was one of the largest single-day moves for the company in recent years. The core product is a multi-display system that uses a […]
Ferrari CEO Benedetto Vigna used a round table in Modena on Thursday to defend the €550,000 ($640,000) price tag for the Luce, the company’s first fully electric vehicle. The car was unveiled on Monday. By Tuesday, Ferrari’s Milan-listed stock had fallen 8%. Vigna said the price was fair for innovation and that the Luce has […]
ChargePoint and Powers Parts, a national distributor of electric vehicle components and fleet replacement parts, have announced a partnership to sell ChargePoint charging hardware, software, and fleet management services directly to transit agencies across North America. The deal targets operators running E2 and ZX5 electric buses built by PhoenixEV, the company that acquired Proterra’s transit bus […]
BYD has unveiled the Xuanji A3, which it calls China’s first automotive-grade 4-nanometre chip for self-driving vehicles. CEO Wang Chuanfu announced the chip at an event at BYD’s Shenzhen headquarters on 28 May, saying it delivers the lowest power consumption per unit of compute in its class, drawing roughly 20% less than comparable semiconductors. The chip has […]
Waymo has started offering rides to select passengers in its new Ojai robotaxi, the first vehicle purpose-built for autonomous ride-hailing rather than retrofitted from an existing car. The Ojai runs on Waymo’s sixth-generation Driver system and is built on a platform manufactured by Zeekr, the electric vehicle brand owned by China’s Geely, the same conglomerate that […]
Ferrari shares fell as much as 7 per cent in Milan trading on Monday, dropping to €290.55 and wiping roughly £3 billion from the company’s market cap. The sell-off came one day after the Italian carmaker unveiled the Luce, its first fully electric vehicle, at the Città dello Sport in Rome. The Luce is a four-door, […]
Stellantis CEO Antonio Filosa said on Thursday that the company sees opportunity to produce and sell Chinese-branded vehicles in Mexico and potentially Canada. In the United States, the answer is different. “Now there is no space in the United States. We don’t see that,” Filosa said at a news conference following the company’s investor day […]
Waymo suspended robotaxi service across five US cities on 21 May after a software patch it pushed to its entire 3,791-vehicle fleet less than two weeks earlier failed to prevent another autonomous vehicle from driving into standing water. An unoccupied Waymo robotaxi got stuck on a flooded street in Midtown Atlanta on Wednesday evening during […]
War has a way of rewriting consumer habits overnight. Since US and Israeli airstrikes hit Iran at the end of February, crude oil has soared past $100 a barrel for the first time since Russia’s 2022 invasion of Ukraine. The result at Europe’s petrol pumps has been immediate and painful. The result at EV dealerships […]
