Autonomous vehicle company Pony.ai is forming a strategic joint venture with Sany Heavy Truck, a subsidiary of Chinese heavy equipment manufacturer Sany Heavy Industry, to create an autonomous truck brand. […]
Automotive
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Back to news homeFord posts Q2 profit, expects to produce 14,000 EVs this month
Ford Motor has dodged some of the pain and losses that rival General Motors experienced in the second quarter. Ford reported Wednesday $40.2 billion in revenue, a 50% increase from […]
3 indicators to watch for on Ford Q2 earnings day
While much of the automotive industry has suffered a downturn due to a lack of supply to meet pent-up demand, Ford has bucked the trend. At least, in terms of […]
Faraday’s future on shaky ground as EV production delayed again
Faraday Future has delayed production of its FF91 flagship electric vehicle due to lack of money and supply chain issues, the company said in a regulatory filing. The troubled EV […]
GM joint venture to receive $2.5B government loan for US battery plants
The U.S. Department of Energy is reviving an old loan program and its first recipient is the joint battery venture between General Motors and LG Energy Solution. The $2.5 billion […]
Cruise starts mapping Dubai’s streets in prep for 2023 robotaxi launch
Cruise is making good on its promise to launch an autonomous driving service in Dubai. Just a few weeks after the General Motors-backed AV company officially launched its commercial driverless […]
VW Group CEO Herbert Diess is out
Volkswagen Group CEO Herbert Diess, the embattled executive who has survived a number of confrontations and power struggles with the board over the past two years, is leaving the company. […]
Mexican region gives Tesla and its suppliers a dedicated border crossing lane
Tesla suppliers traveling from Nuevo León, Mexico, to Texas now have their very own dedicated border patrol lane. Elon Musk’s electric car company, which recently relocated its headquarters from Fremont, […]
Baidu reveals the next-gen robotaxi that will be deployed throughout China
Baidu, the Chinese search engine giant that has plowed money into AI and autonomous vehicle technology, unveiled Wednesday a new all-electric robotaxi that it plans to deploy at scale across […]
Tesla to increase cost of FSD beta software beyond its $12,000 price tag
Tesla plans to increase the price of its branded “full self-driving” beta software, the advanced driver assistance system that CEO Elon Musk has said will mean the difference between the […]