Industry

AUSTIN – Self-driving startup Argo AI on Tuesday said it had launched driverless vehicles in Miami, Florida and Austin, Texas, but added the vehicles initially were used for in-house testing, with commercial applications following at an unspecified time. Argo, backed by Ford and Volkswagen AG, has tested its robotaxis on public roads in both cities
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LOS ANGELES — For a glimpse of how quickly the market for electric heavy-duty trucks is evolving, consider the crowd size of the Advanced Clean Transportation Expo, an 11-year-old trade show for the burgeoning segment. According to show organizers, more than 8,300 people attended last week’s expo in Long Beach, Calif., which featured a range
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Self-driving truck developers are promising they’ll launch commercial service as soon as next year. One of the key remaining engineering hurdles involves safely coaxing these 80,000-pound robots to the side of the road when things don’t go according to plan. As driverless-deployment timelines draw nearer, many of the leading companies are focused on perfecting this
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A brisk transition to zero-emission vehicles is underway, but it’s still unclear whether the global transportation sector’s makeover is enough to stave off the worst consequences of climate change. Cars and trucks account for three-quarters of all transportation-related greenhouse gas emissions, including planes, trains and ships, according to McKinsey & Co., and automakers and commercial
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American Axle & Manufacturing Holdings Inc. saw its first-quarter net income nearly evaporate while it tries to manage the immediate disruption of supply chain volatility and the longer-term challenge of electrification. The Detroit-based supplier’s income plunged 97 percent year-over-year to $1 million as revenue remained flat at $1.4 billion, according to its earnings report Friday.
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Uber Technologies Inc. delivered a positive outlook for earnings in the current period, signaling the company plans to capitalize on robust ride demand without compromising profits by focusing on product changes, rather than incentives, to address the driver shortage. The ride-sharing and delivery company projected gross bookings of $28.5 billion to $29.5 billion in the
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Can a bunch of college students solve some of the most vexing automotive engineering challenges facing the industry? Over the next four years, 15 universities across North America will be competing to engineer the most efficient battery-electric vehicles possible while combining connected and autonomous tech — and keeping them fun to drive for consumers. The
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All-time-high interest in electric vehicles might not translate into as many sales as automakers and regulators would like in the short and medium term, as supply chain snags are likely to prevent the industry from catching up with growing demand. Automakers and governments have set ambitious targets for EV expansion. Legacy automakers have rolled out
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BEIJING/SHANGHAI – Baidu and Pony.ai said on Thursday they had received permits to deploy robotaxis without humans in the driver seat on open Chinese roads for the first time, in another instance of Beijing’s support for the autonomous-driving sector. The permits are the latest set of approvals the municipal government has handed out over the
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Hertz Global Holdings Inc. said first-quarter revenue of $1.8 billion was up 57 percent from a year ago, excluding the Donlen fleet management business sold last year. The company’s adjusted earnings before interest, taxes, depreciation and amortization rose from about breakeven to $614 million, while its average global revenue per day soared 28 percent to
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WASHINGTON — A group of 12 U.S. Senate Democrats on Wednesday urged Transportation Secretary Pete Buttigieg to develop a comprehensive federal framework for autonomous vehicles, according to a letter seen by Reuters. “We lag behind in shaping a regulatory framework that will foster this innovation while simultaneously protecting and encouraging all of the important benefits
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Getty Images Car production in the UK has continued to fall as manufacturers struggle with global supply chain problems. Almost 100,000 fewer cars were built in the first three months of 2022 compared to last year. Manufacturing has dropped by nearly a third, according to the Society of Motor Manufacturers and Traders (SMMT). The SMMT
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Fugitive former Nissan boss Carlos Ghosn has said he wants to stand trial on charges of financial wrongdoing in order to clear his name. He spoke to the BBC after France issued an international warrant for his arrest, citing allegedly suspect payments. Mr Ghosn said he was “expecting” the move though he was “surprised at
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Volvo Cars’ venture capital arm has invested in battery technology startup StoreDot, betting the company’s fast charging tech could be a game-changer as the automaker rolls out new electric vehicles. “We believe StoreDot has very interesting battery technology,” said Alexander Petrofski, head of the Volvo Cars Tech Fund. “They specialize in anode material, improving charging
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YOKOSUKA, Japan – Nissan Motor Co. is showing off a next-generation lidar system it says will let vehicles conduct high-speed emergency maneuvers without a hand on the wheel or foot on the brake. The advanced driver-assist system will debut in the mid-2020s and is part of Nissan’s push to equip nearly every new model with
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