The tunnel has been excavated along a path that runs beneath the municipality of Hawthorne, where The Boring Company is headquartered. In a significant development, Elon Musk’s The Boring Company, has unveiling its first tunnel, a proof-of-concept 2-mile (3.2 km)… Read More ›
With the entry of Europe’s largest carmaker in the United States, the electric vehicle segment in the country is set to heat up. In a strategic development, Scott Keogh, the newly appointed CEO of Volkswagen Group of America stated, Volkswagen… Read More ›
Geely’s agressive moves to access German sensitive high technology underscores a broader Chinese strategy of one-sided trade: attempts by German companies to gain full control over Chinese companies have repeatedly come to nought since it remains prohibited. China’s Geely’s purchase… Read More ›
Across the supply chain of the auto industry, investors are cheering firms who break away from the mold of the combustion engine centered model, which they see as a sunset industry, to that of new age self-driving, autonomous, automated vehicles…. Read More ›
This has the potential to be a game changer for the upcoming self-driving market. In what could potentially be a significant moment for the future of smart cars for the near future, Faurecia, a France-based car parts supplier, has signed… Read More ›
Apple appears to be creating an ecosystem for the self-driving car market and is seeking greater clarity for its parameters. In a strategic move which has immense significance for companies in the crowded self-driving car market, Apple Inc has urged… Read More ›
It has appointed Qi Lu, a former executive at Microsoft Corp as its chief operating officer. China’s Baidu Inc has disclosed it will be launching its self-driving car technology designed for a restricted environment later this year in July. It… Read More ›
Nissan has tested the autonomous version of the LEAF in Silicon Valley and in Tokyo. This marks its first test in a European city. Nissan took the first step towards the testing of its first self-driving car in Europe. Guided… Read More ›
The company has hired Lee Jin-woo, 47, former researcher at General Motors to oversee its research into the field of autonomous automated transportation technology. The Hyundai Motor Group has jumped in the fray of developing next generation vehicles. The company… Read More ›
Britain’s transportation minister is set to make self-driving friendly insurance rules, a fact which could nurture the nascent industry which globally has been valued at $1.1 trillion by 2025. In what is likely to be a major strategic shift to… Read More ›
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