New Toyota Venture Capital Unit Targets Tech Startups
Toyota Motor Corp. is launching a new Silicon Valley-based venture capital subsidiary, called Toyota AI Ventures, to support startup companies that specialize in artificial intelligence, robotics, autonomous vehicles and big data/cloud technologies.
Congress to Unveil Self-Driving-Car Legislation
The U.S. House of Representatives Energy and Commerce subcommittee is expected to introduce bills later this week to spur the introduction of autonomous vehicles and prevent states from setting their own rules on the issue, Reuters reports.
Faraday Future Shelves Nevada EV Factory
California-based electric car startup Faraday Future Inc. has again suspended plans to build a $1 billion assembly plant in North Las Vegas, this time indefinitely.
Feinberg Expected to Help Settle FCA Diesel Emission Lawsuit
A federal judge in San Francisco says he intends to appoint compensation expert Ken Feinberg to help reach a settlement on a U.S. Dept. of Justice claim that Fiat Chrysler Automobiles NV used illegal software to meet diesel emission standards.
Renault Expands V2X Testing
Renault SA is widening a pilot program in France to test vehicle-to-vehicle and vehicle-to-infrastructure communications (V2X) to help autonomous vehicles navigate roads such as work zones and tool stations that lack clear lane markings.
Beetle Beetles On
Most of the time when the name “Volkswagen” gets reported, it has something to do with something not so good, as in the diesel imbroglio that continues on and on like the Jetta TDI in one of those TV commercials of not long ago.
VW Warns of Global Shortage of EV Batteries by 2025
Volkswagen AG says carmakers will face a massive shortage of batteries for electrified vehicles unless the annual capacity to make them surges by 1,500 gigawatt-hours in eight years.
Report: VW’s Leaders Waited 3 Weeks to Reveal Diesel Cheating Risk
Volkswagen AG’s top management was warned more than three weeks before investors were informed that the company’s diesel emission cheating could cost as much as $18.5 billion, according to Bild am Sonntag.
Stratasys Enables 3D Printing to Go Long
Three-dimensional printing, which literally builds objects out of thin air, debuted more than 25 years ago.
Waymo Drops Most Patent Claims Against Uber
Alphabet Inc.’s Waymo autonomous car unit has dropped three of four patent infringement claims in a broader trade secrets lawsuit against rival Uber Technologies Inc.