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This basket consists of stocks expected to benefit from self-driving cars.
China, the world’s largest auto market, is faltering like never before. September was the 15th month of annual car sales decline for the company.
In Berlin, companies like Uber don't have a dominant hold on transportation. Instead, many companies compete for a slice of the market.
Millions of Californians may have just suffered an unprecedented, induced blackout by the state's largest (and bankrupt) utility, and on top of that gasoline prices are soaring too
Popular US electric vehicle maker Tesla has scheduled its third-quarter earnings release for October 23. It reported record deliveries in the quarter.
Alphabet’s (GOOGL) Waymo will start testing its self-driving vehicles in Los Angeles this week. Self-driving vehicles have a lot of promise.
Tesla is dominating the electronic vehicle market for long but the trade war and frequent controversies have distracted it from its sky-high goals.
AUSTIN/SAN FRANCISCO (Reuters) - Texas officials managing a sprawling investigation of the advertising practices at Alphabet Inc's Google have begun receiving data from the search and advertising giant after two previous probes bogged down in extended document fights. The Texas attorney general's office said that as of Thursday, it had received some data from Google but declined to discuss it further. The investigation, which involves all state attorneys general except Alabama and California, seeks to dig into the opaque business of online digital advertising, where Google is a dominant player.
It's one of the perks of Tesla's cutting-edge driverless technology... using your phone to summon your car from a parking spot. But who's on the hook if there's a crash, if no one is behind the wheel? Your car. Your crash. You're liable. At least that's what lawyers are saying after a number of videos have popped up showing cars running Smart Summon, Tesla's new software, in a number of near misses. But if the accidents pile up - insurance industry experts expect Tesla to be dragged into legal fights. Right now repairs for any dings or scratches should go through a driver's traditional insurance policy, according to one lawyer who represents automotive suppliers in disputes about safety and autonomous car technology. But an argument could be made that if it was Tesla's software at fault, not the car owner.. then this lawyer sees the day when drivers could potentially ban together for a class action lawsuit seeking damages from Tesla. The videos highlight the shifting landscape in the world of auto insurance and accident blame as more automakers look to automate functions like parallel parking, steering, and accident avoidance - which used to be solely the responsibility of the driver. Now legal experts say the insurance industry and the law have to catch up. As for those videos of Tesla near-misses that people may find comical, the National Highway Traffic Safety Administration isn't laughing. It has started looking into the incidents.
Two very different verdicts Friday on the future of mobility. In Japan, Toyota is doubling down on vehicles powered by hydrogen fuel cells. It unveiled a new version of its Mirai car on Friday. The automaker has been working on fuel cells for two decades. Such cars emit nothing more than water vapour. And Toyota says they beat electric vehicles on range. The new Mirai can drive about 560 miles on a full tank. But the cars are costly to make and buy - over 46,000 dollars in Japan, after subsidies. And hydrogen filling stations are few and far between. As a result, Toyota has sold fewer than 10,000 Mirais over five years. By contrast, Tesla aims to deliver up to 400,000 electric vehicles this year alone. Meanwhile, James Dyson is calling it quits. The British entrepreneur is scrapping plans to develop an electric car. Dyson says he has a great design, but can't see a way to make it commercially viable. Attempts to find a buyer for the project have been abandoned. As Tesla's persistent losses demonstrate, building a profitable car company from scratch is no easy task.