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Posts Tagged ‘automotive industry’

Sony venture arm invests in geocoding startup what3words

Sony’s venture capital arm has invested in what3words, the startup that has divided the entire world into 57 trillion 3-by-3 meter squares and assigned a three-word address to each one. Financial details were not disclosed. The startup’s novel addressing system isn’t the whole story. The ability to integrate what3words into voice assistants is what has ...

Tesla to recall 14,000 Model S cars in China over faulty Takata airbags

China’s top market regulator said on Friday that Tesla will recall a total of 14,123 imported Model S vehicles in the country over potentially deadly airbags. The recall is part of an industry-wide crackdown on Takata-made front passenger airbags, which involves roughly 37 million vehicles including more mainstream brands such as Toyota and Ford, as ...

Tesla is entering the Model 3 into Pwn2Own, one of the world’s toughest hacking contests

Tesla is handing over its new Model 3 sedan to Pwn2Own this year, the first time a car has been included in the annual high-profile hacking contest. The prize for the winning security researcher: a Model 3. Pwn2Own, which is in its 12th year and run by Trend Micro’s Zero Day Initiative, is known as ...

GM is transforming Cadillac into an electric brand

General Motors is turning Cadillac into its lead electric vehicle brand in a bid to compete against Tesla as well as a host of other automakers bringing EVs onto the market. Plans are already underway to introduce the first model from the company’s new battery electric vehicle architecture, GM said Friday during an investor meeting. ...

Byton has added yet another screen to its upcoming all-electric M-Byte SUV

Byton, the China-based electric car startup that made its debut at CES last year, is back to show what the finalized interior of its upcoming M-Byte SUV will look like. The giant 48-inch wraparound digital dashboard screen that received so much attention is staying. And so is the touchscreen drive tablet located at the center ...

An inside look at Rivian’s EV ambitions from AI batteries to electric jet skis

For a CEO who insists his electric vehicle startup doesn’t want to be Tesla, Rivian founder RJ Scaringe can sound a lot like Elon Musk. Just weeks before unveiling Rivian’s first vehicles — an all-electric pickup and a seven-seater SUV — at the LA Auto Show last month, Scaringe promised an impressive new battery technology ...

Cruise Automation taps GM president Dan Ammann as its new CEO

Cruise Automation, the self-driving car subsidiary of GM, is getting a new CEO. The autonomous vehicle company, which was acquired by GM in 2016 and became subsidiary GM Cruise, has tapped Dan Ammann as CEO. Ammann will step down as GM’s president, a role he’s held since January 2014. Kyle Vogt, a Cruise co-founder who ...

Rivian debuts an electric pickup and SUV designed to look good while getting *****

Rivian has kept a relatively low profile since the automotive startup with Midwestern roots launched in 2009. Those days are over. CEO and founder RJ Scaringe unveiled two all-electric vehicles this week at the LA Auto Show that boast some eye-popping battery ranges as well as some noteworthy performance and capability features. Rivian kicked off ...

GM plans to cut more than 14,000 jobs, close factories as downturn looms

First, came the voluntary buyouts. Now, GM is ramping up its belt-tightening measures with cuts to factory and white-collar workers, plant closures in North America and the elimination of several car models as it tries to transform into a nimble company focused on high-margin SUV, crossovers and trucks and investments in future products like electric and ...

Tesla to bring portion of Model 3 production to China next year

Tesla, which reported its first quarterly profits in two years Wednesday, is looking to extend its earnings streak by bringing its new Model 3 to customers beyond North America. And part of that plan involves accelerating its manufacturing plans in China. Tesla saw its revenue skyrocket to $6.8 billion in the third quarter (and a $312 ...