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Posts Tagged ‘automotive industry’

BMW’s next-gen cruise control stops at red lights

At its NextGen event, BMW today premiered the next generation of its adaptive cruise control system, which will be able to detect and automatically stop at red lights. This isn’t exactly autonomous driving just yet, but it’s clearly an effort to bring some of these advanced cruise control features from highway driving to a more ...

BMW says its running ahead of its electrification goals

At its NEXTGen event in Munich, BMW today announced that it is running ahead of schedule in its efforts to offer at least 25 electrified vehicles. Previously, the German luxury car manufacturer was shooting for 2025, but it now says that it will offer these 25 vehicles by 2023. As BMW’s Klaus Fröhlich stressed at ...

Here is BMW’s new electric motorcycle concept

BMW has a long history of building motorcycles, but it hasn’t done all that well in the electric motorcycle department. Clearly, though, this is something the company is thinking hard about and today, at its inaugural NextGen event, the company showed its newest electric concept bike, the BMW Motorrad Vision DC Roadster. As usual, there’s ...

Waymo takes its self-driving car ambitions global in partnership with Renault-Nissan

Waymo has locked in an exclusive partnership with Renault and Nissan to research how commercial autonomous vehicles might work for passengers and packages in France and Japan. This exclusive partnership has a deadline — the public announcement says it will last for “an initial period.” Waymo nor the Renault-Nissan-Mitsubishi Alliance provided details on when it ...

Fiat Chrysler partners with Aurora to develop self-driving commercial vans

Aurora, the autonomous vehicle technology startup backed by Sequoia Capital and Amazon, has struck a deal with Fiat Chrysler Automobiles to develop self-driving commercial vehicles. The partnership will focus on integrating Aurora’s technology into FCA’s line of Ram Truck commercial vehicles, a portfolio that includes cargo vans and trucks. The deal could extend to FCA’s ...

The Fiat Chrysler-Renault merger is dead over suboptimal ‘political conditions’

A proposed merger between Fiat Chrysler -Renault that would have created the third largest global automaker, is off. Fiat Chrysler Automobiles withdrew its offer, the Wall Street Journal reported. FCA confirmed to TechCrunch that it has withdrawn its offer, largely due to political conditions. “FCA remains firmly convinced of the compelling, transformational rationale of a ...

GM and Fiat Chrysler are buying Tesla’s regulatory credits

One of the more opaque segments of Tesla’s business just became a little more transparent. Recent  filings show that GM and Fiat Chrysler have bought zero-emissions vehicle credits from Tesla, Bloomberg reported Monday. Tesla’s ZEV credit program isn’t a secret. The company has brought in nearly $2 billion in revenue since 2010 when it started ...

NIO shifts electric vehicle plans as losses pile up

Chinese automotive startup Nio is tweaking its plans for future electric vehicles, a move prompted by sluggish sales of its ES8 model. Nio, which reported in its unaudited financial results Tuesday a loss of $390.9 million in the first quarter, is taking a number of measures in response to a slowdown in sales. Those changes ...

Ford CTO Ken Washington at TC Sessions: Mobility on July 10

A conference dedicated to transportation and mobility wouldn’t be complete without hearing from Ford, the U.S. automaker with a storied 116-year history. We’re excited to announce that Ford CTO Ken Washington will participate in TechCrunch’s inaugural TC Sessions: Mobility, a one-day event on July 10, 2019 in San Jose, Calif., that’s bringing the best and brightest ...

Canoo, the electric vehicle startup formed from Faraday Future’s ashes, seeks $200 million

Less than a month after rebranding as Canoo, the startup electric vehicle company formerly known as Evelozcity is on the hunt for $200 million in new capital. The startup, which is backed by a clutch of private individuals and family offices hailing from China, Germany and Taiwan, is hoping to line up the new capital ...