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Robotaxi-Focused Elon Musk Says GM 'Not Making The Right Moves' With $850M Investment In Self-Driving Cruise Unit
Wednesday, June 12, 2024 - 5:23am | 636Legacy automaker General Motors Corp. (NYSE:GM) is preparing to invest oodles of money into its loss-making Cruise self-driving unit. Tesla, Inc. (NASDAQ:TSLA) CEO Elon Musk thinks it’s a really bad idea. What Happened: GM’s CFO Paul Jacobson on Tuesday said at Deutsche Bank’s...
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Auto Regulator NHTSA Pulls Up Alphabet's Waymo After Spotting 9 More 'Unexpected Driving Behavior' Reports
Monday, May 27, 2024 - 7:58am | 407U.S. auto safety regulator NHTSA has identified nine more reports of “unexpected driving behavior” in certain vehicles equipped with Waymo‘s fifth-generation automated driving system (ADS). What Happened: The National Highway Traffic Safety Administration commenced a preliminary...
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Amazon's Zoox Expands Robotaxi Testing Goals In Las Vegas After Waymo Starts Giving Public Driverless Rides
Friday, March 15, 2024 - 4:54am | 515Amazon.com‘s (NASDAQ:AMZN) self-driving car unit Zoox on Thursday announced significant advancements to its robotaxi testing in Las Vegas and California, the same day that rival Waymo started offering driverless rides to select members of the LA crowd. What Happened: While the company’...
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Only One Automaker Nails IIHS Safety Test for Automated Driving Assistance — No, It's Not Tesla Or Ford
Wednesday, March 13, 2024 - 6:37am | 709Only one of the 14 driving automation systems tested by the Insurance Institute for Highway Safety (IIHS) has achieved an acceptable rating. Tesla‘s autopilot and full self-driving technology were among those rated “poor” by the institute in a new study. What Happened: After its...
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GM's Cruise To Restart Supervised Robotaxi Tests In Texas Months After Suspension
Friday, February 23, 2024 - 5:02am | 432General Motors Co‘s (NYSE:GM) self-driving car unit Cruise is reportedly set to resume testing its robotaxis on public roads in Texas. What Happened: Cruise is planning to restart robotaxi testing in Texas, with safety drivers, in the coming weeks, Bloomberg reported. The potential locations...
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Eyewitness Describes 'Wild' Experience As Crowd Vandalizes And Sets Google's Waymo Self-Driving Car On Fire In San Francisco: 'No One Stood Up'
Sunday, February 11, 2024 - 9:31pm | 761A crowd in San Francisco vandalized and set fire to a Waymo self-driving car on Saturday. This incident marks the most severe attack on autonomous vehicles in the U.S. to date. What Happened: The incident occurred in San Francisco’s Chinatown district on Saturday night, reported Reuters. The...
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GM's Cruise Gears Up For Comeback After Brief Pause, One City At A Time
Thursday, November 23, 2023 - 1:52am | 538General Motors Co‘s (NYSE:GM) autonomous vehicle subsidiary Cruise is eyeing re-launching in a city weeks after the company paused its operations across the U.S. What Happened: "Once we have taken steps to improve our safety culture and rebuild trust, our strategy is to re-launch in one city and...
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Self-Driving Cruise Car Accident Leaves Pedestrian Trapped And Injured In San Francisco
Tuesday, October 3, 2023 - 5:20am | 552A female pedestrian in San Francisco suffered severe injuries after being trapped underneath a self-driving Cruise car on Monday night. What Happened: The San Francisco Fire Department responded to a 911 call at approximately 9:35 p.m., which reported an incident involving a woman and...
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No Rest For The Self-Driving: Google Waymo, GM Cruise Now Operational 24/7 In San Francisco
Friday, August 11, 2023 - 2:21am | 532Alphabet Inc‘s (NASDAQ:GOOG) (NASDAQ:GOOGL) autonomous driving tech unit Waymo and General Motors‘ (NYSE:GM) Cruise said on Thursday that they received driverless deployment permits for 24×7 fared operation in San Francisco from the California Public Utilities Commission despite...
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Apple Car Chatter Returns After Porsche CEO Discloses Discussions On 'Exciting Common' Projects
Friday, March 18, 2022 - 10:27am | 385German sports car manufacturer Porsche Automobil Holding SE (OTC: POAHY) hinted at discussing a potential partnership with Apple Inc (NASDAQ: AAPL). What Happened: Porsche executives had discussions with Apple and a few other tech companies in the U.S. late last year, the automaker's...
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Alphabet Self-Driving Subsidiary Waymo Raises $2.25B In First External Funding
Monday, March 2, 2020 - 11:03pm | 484Alphabet Inc. (NASDAQ: GOOGL) (NASDAQ: GOOG) subsidiary Waymo has raised $2.25 billion in its first external investment round, it announced Monday. What Happened The startup developing self-driving technology said that the funding round was led by Silver Lake, Canada Pension Plan Investment Board,...
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GM-Backed Cruise's Self-Driving Robo-Taxi Revealed
Wednesday, January 22, 2020 - 7:08am | 366Cruise, the self-driving car start-up, in which General Motors Company (NYSE: GM) owns a majority state, revealed a prototype of its driverless robo-taxi on Tuesday. What Happened The robo-taxi called Cruise Origin is a “fully engineered vehicle that’s on its way to production,”...
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Andreessen Horowitz-Backed Self-Driving Car Startup Raises $3.1 Million
Monday, April 4, 2016 - 2:26pm | 469Comma.ai may not be a name many are familiar with, even within autonomous car circles. However, the name garners attention, particularly now that it has been confirmed the company has raised just over $3 million. This round of funding has come from Andreessen Horowitz, partner Chris Dixon...
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Is Apple Building A Secret High-Tech Car?
Monday, August 24, 2015 - 1:05pm | 427Autonomous cars have been in the spotlight over the past year as companies like Tesla Motors Inc (NASDAQ: TSLA) and Google Inc. (NASDAQ: GOOG) (NASDAQ: GOOGL) advance toward creating a self-driving vehicle. However, Apple Inc. (NASDAQ: AAPL) has been silently, and secretly, working on a car of its...
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Apple Or Google: Who's Going To Conquer The Car Dashboard?
Monday, February 23, 2015 - 3:08pm | 443After fighting the smartphone wars, tech giants Google Inc (NASDAQ: GOOGL)(NASDAQ: GOOG) and Apple Inc. (NASDAQ: AAPL) have found a new battleground in the car dashboard. Both companies are gearing up to outdo each other in the in-car tech space with their respective products, Android Auto and...