Tag Archives: Industry

Walmart plans to purchase 30 more Tesla Semis

After placing an order for 15 Tesla Semis, Walmart is keen to buy even more. The discount retailer plans to purchase 30 additional electric semi-trucks from the Silicon Valley automaker. Reuters reported Thursday that the 30 additional Tesla Semi trucks would operate in Canada and join 10 trucks for which it's already placed an order. The other five Semis...

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FCA opening $30 million autonomous testing facility

Fiat-Chrysler Automobiles' Chelsea Proving Grounds (CPG) is home to a new multi-million dollar autonomous technology testing facility. The automaker announced on Wednesday it has invested $30 million in the new facility, which begins testing this month. While CPG spans nearly 4,000 acres, the new autonomous testing area covers more than 35 acres and...

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2019 Audi e-tron enters production, full reveal coming Sept. 17

Audi's first volume electric car, the e-tron, is almost here. Production of the first customer example, finished in Catalunya Red, was completed on Monday at the car's plant in Brussels, Belgium, a high-tech facility where automated transport systems bring the batteries to the assembly line just in sequence. The e-tron will be unveiled to the public on the...

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Apple’s self-driving car program sees first traffic accident

Apple is developing self-driving technology using a fleet of nearly 60 Lexus RX 450h crossover SUVs fitted with various cameras and sensors used to guide the vehicles. One of the vehicles was involved in an accident on August 24, California's DMV confirmed in a traffic accident report, the first for the tech giant's self-driving program. According to the...

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Dyson reveals plans for electric car test track

It's been a year since vacuum giant Dyson announced plans to build an electric car, something founder and chief engineer James Dyson has been hinting at since 2008. The company on Thursday gave an update on the plans, confirming that the former Hullavington air force base in southern England it acquired in 2017 will be turned into the main hub for its...

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Nio launches IPO, shares to start trading mid-September

Chinese electric car startup Nio on Tuesday launched an initial public offering, with its filing revealing the company intends to sell 160 million shares priced between $6.25 and $8.25. Hitting a share price in the upper range would raise $1.3 billion for the company's coffers and see it valued at more than $8 billion. It would make the listing the biggest...

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Toyota invests $500M in Uber, will add self-driving Siennas to ride-hailing fleet

Toyota is deepening its ties with Uber. The Japanese auto giant announced Monday it will invest $500 million in Uber, which follows an undisclosed investment made in 2016. Toyota also said Monday it will integrate Uber's self-driving technology together with its own Toyota Guardian active safety system in purpose-built Sienna minivans to be added to Uber's...

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VW reportedly tried buying Aurora to catch up in self-driving car race

The Volkswagen Group looks to be a bit behind in the mobility and self-driving car segments compared to some rivals as the automaker is on the hunt to scoop up experts on the subject. It appears Aurora Innovation, a self-driving car startup based in California, was one of the firms VW approached. VW approached Aurora and offered to purchase the company for...

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Ford outlines steps to ensure safety of its self-driving cars

Ford has promised to deliver a self-driving car by 2021. The automaker is targeting Level 4 self-driving capability, meaning the car will drive on its own but be limited on where it can go and in which whether conditions it can handle. A more capable Level 5 car that can completely replace a human isn't expected to be available until well into the next...

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