British vacuum-cleaner maker Dyson plans to invest 2.0 billion pounds to build an electric car that should be ready as early as 2020. Dyson’s visionary founder, James Dyson, unveiled the plan in an email to staff that laid out the reasons behind the move. In 1993, he said, his company had already developed working prototypes Read More..
Global sales of electric vehicles are set to start growing rapidly in the next decade, according to a new study. The report by Germany’s Center of Automotive Management (CAM) said that, so far, car buyers are still showing little interest in EVs. “But on the basis of technological innovation and a change in the political Read More..
(Bloomberg) –Uber Technologies Inc. pulled its self-driving cars from San Franciscoâ€™s streets after the state of California revoked registrations for the vehicles. The move impacted 16 Uber automobiles, the Department of Motor Vehicles wrote in an e-mailed statement Wednesday. The agency also issued a letter to the company inviting it to apply for a registration Read More..
Tesla said a deadly crash involving a Model S doesn’t cast doubt on the viability of its autonomous driving technology. The Californian electric car maker was responding to a preliminary investigation by US authorities intoÂ an accident that occurred recently when a Model S with its Autopilot system switched on hit a tractor trailer, killing one Read More..
Former Audi executive Peter Hochholdinger will take charge of manufacturing atÂ electric-car maker Tesla. Hocholdinger, who has worked at Audi for 22 years, will be responsible for the production of Tesla’s Model S sedan and Model XÂ crossoverÂ and will play a key role in developing a scaleable, cost-efficient and high-quality manufacturing environment for the new Model 3. Read More..
Tesla has already booked 10 billion dlrs in orders for its Model 3 electric SUV, the company’s founder and CEO, Elon Musk, said in a Twitter posting. The total is made up of 276,000 individual order bookings for the car, which hasn’t yet been built. Tesla, which started taking orders for the Model 3 last Read More..
There will be almost 20 million fully autonomous or self-driving vehicles on the world’s roads by 2025, according to a new study. The outlook, which adheres to the more optimistic scenarios ofÂ some automakers, was presented by Juniper Research, which also said consumer adoption is set to take off as early as 2021. The researchers sketched Read More..
The annual CeBIT fair, which takes place March 16 through 20, will have a strong focus on the biggest trends shaping the digital economy. The event, which is billed as the leading trade fair for IT and the digital economy, will be officially opened on Sunday, March 15, by German Chancellor Angela Merkel. Also speaking Read More..
Automotive companies aren’t as innovative as they used to be, according to a survey of 1,500 senior executives who were asked about the state of innovation in global business by The Boston Consulting Group (BCG). The survey ranks the 50 most innovative companies in the world in the eyes of these executives. The list is Read More..
Daimler has sold its 4 pc stake in Tesla Motors but said the cooperation between the two companies will continue. The German premium car maker, which is using Tesla’s battery technology in its new Mercedes B-Class Electric Drive, said the shareholding is not necessary to continue working with the California-based electric-car specialist. Daimler will realize Read More..