Despite the steep competition and roadblocks, the company has high hopes for expanding its self-driving services.
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Executives believe the market for electric vehicles is about to see a rebound in demand as prices come down.
Autonomous machines may need to be proactive, not reactive, to keep accidents from happening.
A couple of China-based EV giants had good news to share in spite of a weakened consumer at home and fresh tariffs from the EU and Canada.
The European Commission on Tuesday solidified new tariffs for electric vehicles imported from China. The actual numbers aren’t harsh.
But data aside, many have cast doubt on the company’s plan for autonomous ridesharing.
US manufacturers might not have the best grasp on what drivers want. The ones who seem to know reside about 6,000 miles away in Japan.
Tesla’s sales fell for the second straight quarter, marking its first back-to-back sales drops since 2012. But its stock still rose 10%.
Tesla wants to make sure its autonomous vehicles don’t fall for light tricks.
Fisker, the electric vehicle startup, filed for Chapter 11 bankruptcy Tuesday. The real surprise is that it stuck around as long as it did.
Its biggest union announced Wednesday that it will stage a one-day walkout on June 7 with workers using their paid annual leave.
Toyota is partnering with petroleum firms to develop carbon-neutral fuels and make them available in Japan by 2030.
The company started operating some fully driverless robotaxi rides in September 2023, and said 45% of Q4 orders were fully driverless models.
EVs cost double to operate, can travel half as far, and require recharging, which isn’t ideal for an industry operating on thin margins.
Authorities are concerned about regional banks piling too heavily into longer-yielding government bonds in recent months.
Cars with Drive Pilot are only available for sale in California and Nevada, and even there it only works on certain freeways.