TNW News : Business

For 25 years, Mobileye has been the arms dealer of self-driving, selling the cameras, chips, and software that now sit inside more than 230 million cars, while pointedly leaving the driving business to everyone else. On 16 June, it said it would start doing the driving itself. The Jerusalem company announced plans to launch its […]

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Rivian CEO RJ Scaringe said the company will ship supervised point-to-point self-driving on all of its second-generation vehicles and the R2 later this year, describing the capability as “very similar to Tesla’s FSD.” Speaking at the Masters of Scale event in Anaheim on Thursday, Scaringe laid out a three-stage autonomy roadmap: supervised point-to-point driving in […]

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Skoda has revealed the Peaq, its first seven-seat all-electric SUV and the most expensive car in the Czech automaker’s 130-year history. Built on the Volkswagen Group’s MEB platform at Skoda’s home plant in Mladá Boleslav, the Peaq stretches nearly 4.9 metres long and is designed to compete directly with the Kia EV9, Hyundai Ioniq 9, […]

TNW News : Business

General Motors shut down Cruise, its $10 billion robotaxi division, in December 2024. Eighteen months later, the company’s chief product officer says GM’s autonomous vehicles will eventually be capable of operating as robotaxis anyway. Sterling Anderson, the former head of Tesla’s Autopilot program, told Business Insider that GM’s personal autonomy strategy and the robotaxi business […]

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A Tesla driver in Redmond, Washington, claims the car’s self-driving mode malfunctioned before it swerved into a residential garage door on Monday. The car smashed the door open and ended up lodged inside the garage. Police responded around 11 AM and are investigating. No injuries were reported. There were no indications of impairment. The driver […]

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Baidu’s robotaxis are heading to the Alps. AmiGo, a venture between the Chinese giant’s Apollo Go robotaxi unit and Swiss Post’s PostBus, has won a special permit from Switzerland’s Federal Roads Office for Level 4 autonomous driving, Baidu said. Level 4 means the vehicle drives itself within a defined area. Open-road trials began on 1 […]

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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 […]

TNW News : Business

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 […]

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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 […]

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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 […]