Jun 27, 2024 | Auto Industry, Electric Vehicles, Featured, Investment
The cash infusion is expected to help Rivian pay for development of its more affordable models. Volkswagen is investing $5 billion in Rivian, with the new joint venture expected to deliver new vehicles within the next five to ten years. Rivian’s founder and CEO,...
Jun 20, 2024 | Auto Industry, Robots
A humanoid robot that can drive a car could one day be used as a chauffeur, though its creator concedes that this may take at least 50 years. Most driverless cars work very differently to a human driver, using artificial intelligence and custom mechanical...
May 31, 2024 | Auto Industry, Featured, Manufacturing, Robots
Now, BMW is overtaking Tesla and has signed a contract with the American company Figure for their human-like robot to work at their factory in Spartanburg, South Carolina, which produces the crossover models X3, X4, X5, X6, and X7. The humanoid robot can perform...
Jan 25, 2024 | Auto Industry, Autonomous Vehicles
Apple Inc. reportedly has scaled down its effort to make an autonomous electric vehicle, working instead on an EV with “limited” self-driving features, Bloomberg reported Tuesday, citing people described as familiar with the company’s plan. Moreover, an...
Jan 25, 2024 | Auto Industry, Electric Vehicles, Featured
Tesla has told suppliers it wants to start production of a new mass market electric vehicle codenamed “Redwood” in mid-2025, according to four people familiar with the matter, with two of them describing the model as a compact crossover. Tesla CEO Elon Musk has long...
Dec 7, 2023 | Auto Industry, Autonomous Vehicles, Trucks
When TuSimple went public in 2021 it was flying high as the leading self-driving trucks developer in the United States. Now — after a string of internal controversies and the loss of a critical partnership with truck manufacturer Navistar — TuSimple is exiting the...
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