Autonomus Cars

Chinese EV manufacturer XPeng, Inc. (NYSE: XPEV) reported Thursday ahead of the market open second-quarter revenues that exceeded expectations and improved margin. The loss per share, however, was wider than the consensus estimate. Reflecting strong momentum, the company guided to above-consensus...

The Chinese telecom company, Huawei Technologies Co, aims to invest over $1 billion on researching autonomous-driving and electric-car technologies, intensifying competition with Tesla Inc (NASDAQ: TSLA), Xiaomi Corp (OTC: XIACF) (OTC: XIACY), NIO Inc...

Velodyne Lidar Inc (NASDAQ: VLDR) and Ansys Inc (NASDAQ: ANSS) are developing cutting-edge software models of automotive lidar sensors for better hazard identification abilities for highly progressive automotive vehicles (AVs). The partnership will incorporate...

Baidu Inc (NASDAQ:BIDU) becomes the latest tech giant entrant in the lucrative self-driving electric vehicle market. Reuters reported that Baidu has tied-up with Chinese automaker Geely Automobile Holdings Ltd (OTC: GELYF) to create a standalone EV company. Baidu is also looking to...

Tesla Inc (NASDAQ: TSLA) has recalled 30,000 units of Model X and Model S vehicles in China owing to faulty suspensions, Bloomberg reported on Friday.  This comes a day after the electric vehicle marker reported a profitable quarter. What Happened: Reportedly, there...

Volvo Group has named a financial services executive to lead its new autonomous solutions unit. Nils Jaeger will oversee Volvo's efforts in autonomous and connected vehicles, including the driverless Vera port vehicle, autonomous agricultural applications in Brazil and automated mining operations...

The U.S. National Transportation Safety Board (NTSB) has recommended that Uber Technologies Inc. (NYSE: UBER) and the National Highway Traffic Safety Administration (NHTSA) require more oversight of automated vehicle (AV) testing procedures in the wake of a deadly crash involving a self-driving...

Google Inc (NASDAQ: GOOG) (NASDAQ: GOOGL) announced in a blog post on Friday that its prototype self-driving vehicle will begin hitting the road (with safety drivers aboard) in Mountain View, California. The cars will be equipped with a removable steering wheel, accelerator pedal and brake pedal...

Brian Johnson of Barclays on Thursday commented that General Motors Company (NYSE: GM) “ain't got no respect” and that shares of General Motors has been among the most “surprising” reaction among companies present at Detroit's North American International Auto Show...