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Posts Tagged ‘automotive’

Hackers conquer Tesla’s in-car web browser and win a Model 3

A pair of security researchers dominated Pwn2Own, the annual high-profile hacking contest, taking home $375,000 in prizes including a Tesla Model 3 — their reward for successfully exposing a vulnerability in the electric vehicle’s infotainment system. Tesla handed over its new Model 3 sedan to Pwn2Own this year, the first time a car has been ...

How Nuro plans to spend Softbank’s $940 million

Autonomous delivery startup Nuro is bursting with ideas since SoftBank invested nearly $1 billion in February, new filings reveal. A recent patent application details how its R1 self-driving vehicle could carry smaller robots to cross lawns or climb stairs to drop off packages. The company has even taken the step of trademarking the name “Fido” ...

Elon Musk defends tweets in SEC’s contempt proceedings

Tesla CEO Elon Musk argued Friday that his Twitter use did not violate a settlement agreement with the U.S. Securities and Exchange Commission and that the agency’s request to have him held in contempt is based on a “radical interpretation” of the order, according to court papers filed in Manhattan federal court. The SEC has asked ...

GM investing $300 million to build a new electric Chevy in the U.S.

GM announced Friday it will invest $300 million into a Michigan factory to produce a new Chevrolet electric vehicle, reversing a decision to build the EV outside of the United States. The announcement comes on the heels of recent job cuts and plant closures by GM, moves that have complicated bargaining with union workers over ...

Tesla’s customer referral program is back weeks after it was killed off

Tesla killed off its customer referral program way back on Feb. 1, 2019 because the popular program was getting too costly to maintain. But now, less than two months later, Tesla is bringing it back with new incentives aimed at rewarding its customers, and bringing in new ones. Tesla’s customer referral program had offered a ...

Tesla sues former employees, Zoox for alleged trade secret theft

Tesla has filed a pair of lawsuits against a handful of former employees who went to work at self-driving vehicle startup Zoox and Chinese EV automaker Xiaopeng. The separate lawsuits filed late Wednesday allege former Tesla employees stole trade secrets and used them at their new places of employment. Tesla declined to comment on either ...

Ford will invest $850 million to add more production capacity for EVs

Ford plans to invest more than $850 million to add more production capacity at a second U.S. factory for its next-generation battery-electric vehicle program. The investment, which will be made through 2023, will focus on expanding Ford’s Flat Rock Assembly Plant in southeast Michigan. The plant investment also includes funding to build the next-generation Mustang ...

TC Sessions: Mobility, a one-day session event on the future of transportation

The way people and packages move from Point A to Point B is in the midst of a remarkable transformation driven by technological innovations in AI, robotics, electric battery development, digital platforms and manufacturing. A mobility revolution is in the making. And TechCrunch is here — and we’re not just along for the ride. We’re ...

Uber Freight is expanding into Europe

Uber Freight, the newly spun out Uber business unit that helps truck drivers connect with shipping companies, is kicking off its global expansion plans. The company said Wednesday it is launching the app in Europe, starting with the Netherlands. Local carriers and drivers will be able to book and move their first loads with Uber ...

Waymo is gearing up to put a lot more self-driving cars on the road

Waymo is opening another technical service center in the Phoenix area, an expansion that will allow the autonomous vehicle technology startup to double its capacity in the area as it prepares to grow its commercial fleet. The new 85,000-square-foot center will be located in Mesa and is expected to open sometime in the second half ...